Medco Energi has valued Ophir at just $511 million, giving another indication that the deepwater gas in the company's Tanzania blocks might just stay in the ground.
7 February 2019Nigerian President Muhammadu Buhari has inaugurated a new off-grid gas power plant, but its distribution licence overlaps with that of a much larger idle unit built by a former opposition politician.
6 February 2019Gas deliveries dropped below 800 MMcm last week for the first time this year as transit declined on all routes.
5 February 2019The ANPG will take over the role of concessionaire from state player Sonangol, but real power is unlikely to shift in the short term.
31 January 2019Flows were up by 5.1% on the TransMed pipeline last week, making up for a 1.8% drop on GreenStream and a 4.2% fall on the Medgaz route.
29 January 2019Ghana's state petroleum company has entered into talks on a second LNG import project despite paying for domestic gas it is unable to utilise.
24 January 2019Deliveries declined on both the TransMed and GreenStream pipelines last week, offsetting gains on the Maghreb and Medgaz routes.
22 January 2019The deteriorating security situation in Cabo Delgado could make Anadarko’s LNG project more expensive, but financing is moving despite the arrest of Mozambique's former finance minister.
17 January 2019The West African nation is taking steps to boost its gas-fired power capacity and has appointed a new energy minister.
16 January 2019Falling temperatures prompted a 6.7% rise in deliveries across the Africa-Europe pipelines last week.
15 January 2019Financial close on Tortue proves that well-capitalised projects with government support can succeed in Africa, and more look likely to follow.
9 January 2019Pipeline gas exports from North Africa to Europe ended 2018 in decline but were up again in the first week of the new year.
8 January 2019Medco’s acquisition of Ophir Energy would create a significant player in East Asia and shift the latter’s focus away from Africa.
4 January 2019BP and its partners have taken FID for phase 1 development of the ultra-deepwater Greater Tortue Ahmeyim project.
21 December 2018PTTEP plans to increase its capital expenditure next year to $1.84 billion as it looks to develop new projects in Africa.
21 December 2018Canadian-listed Africa Energy has been awarded a 4.9% stake in Block 11B/12B in the Outeniqua Basin
20 December 2018Angola LNG’s Soyo plant has resumed production after a “controlled shutdown”
20 December 2018Libya’s NOC has declared force majeure at the country’s El Sharara oilfield following its seizure by protesters
20 December 2018Exxon has submitted a revised LNG development plan to the Mozambique government, while Anadarko has secured 9.5 mtpa of LNG offtake.
20 December 2018Iveco has delivered 26 gas-fuelled buses to Ivory Coast’s Abidjan Transport Co.
19 December 2018Viewing 1-20 of 2,839 articles