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Middle East & Africa

Policy & Regulation
BP's planned Greater Tortue LNG development

Senegal to boost government role in upstream sector

The country's new upstream legislation is expected to include obligatory signature bonuses and will fix the stake of state-owned Petrosen at up to 30%.

21 February 2019 Exploration & Production
A Sonatrach LNG carrier

Algeria’s Sonatrach maxes out on export flexibility

Sonatrach is expanding its Skikda liquefaction plant to take larger ships and increase its storage capacity, but stagnant production is leaving facilities underused.

14 February 2019 Exploration & Production
Nigerian President Muhammadu Buhari at a China-Nigeria business event in September 2018.

Nigeria makes off-grid push to fix defective power sector

Nigerian 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 2019 Policy & Regulation
An Angolan offshore platform

Angola unveils new upstream controller

The 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 2019 Policy & Regulation
The port of Tema in Ghana

WAGP seeks relevancy amid Ghana oversupply

Ghana's domestic gas discoveries have left the West African Gas Pipeline looking for customers.

17 December 2018 LNG

Nigeria’s government to sue Shell and Eni over OPL 245

Nigeria’s government has initiated proceedings to sue Shell and Eni for $1.1 billion over an allegedly corrupt deal for OPL 245.

14 December 2018 Exploration & Production

Ghana agrees new price for WAGP supplies

Ghana is understood to have signed a new lower tariff for gas transported from Nigeria on the West African Gas Pipeline

7 December 2018 Policy & Regulation

Nigeria and Libya may be forced to join OPEC output cuts

Nigeria and Libya may be forced to cut their oil production in line with OPEC quotas

6 December 2018 Exploration & Production

Equinor ready for talks on Tanzania LNG project

Equinor and ExxonMobil will hold talks with the government of Tanzania on the development of a gas project in the country.

4 December 2018 Exploration & Production

South Africa to pass new oil and gas laws after elections

South Africa’s mineral resources minister, Gwede Mantashe, has said the country aims to pass new oil and gas legislation after the elections next year

30 November 2018 Policy & Regulation
A decommissioned  coal power plant  in Bloemfontein,  South Africa.

Eskom restructure could stall SA’s LNG power plans

With debts mounting, rolling blackouts imminent and the first round of redundancies under way, the unbundling of South Africa’s power utility looks increasingly likely.

30 November 2018 Policy & Regulation

Gabon’s oil and gas licensing round at risk from government inaction

Gabon’s latest oil and gas licensing round is at risk because of the ill-health of President Ali Bongo Ondimba

26 November 2018 Exploration & Production

Oil and gas revenues bring $220 million to Senegal in 2017

Senegal earned XOF 127 billion ($220 million) in revenues from oil and gas last year.

23 November 2018 Policy & Regulation

Subsea 7 sanctioned by Equatorial Guinea government

Equatorial Guinea’s oil minister has ordered petroleum companies operating in the country to cease doing business with UK-based Subsea 7.

23 November 2018 Policy & Regulation

Algeria plans major investments in energy to 2022

Algeria will invest $75 billion in its energy sector between the end of this year and 2022.

22 November 2018 Policy & Regulation

Ghana could exclude gas from projected revenues

Ghana may exclude gas revenues from its finances while it chases payments from the Volta River Authority.

20 November 2018 Policy & Regulation

Nigeria’s electricity tariffs have halved in four years

The fall in the value of the naira has caused Nigeria’s average electricity tariff to drop by 48% in the past four years

13 November 2018 Policy & Regulation

Vaalco hopes to begin Equatorial Guinea appraisal work next year

Vaalco Energy is in talks with the government of Equatorial Guinea about lifting the suspension on the company’s 31% interest in the offshore Block P licence

8 November 2018 Exploration & Production
An Eni offshore production platform

Algeria offshore deals a step forward, but hurdles remain

Further exploration could help the country boost its resource base, but IOCs are struggling against unattractive fiscal terms.

5 November 2018 Exploration & Production
Electricity pylons in Namibia

Kudu makes last-ditch plea for government support

The project partners are restarting negotiations with the Namibian government on the possibility of financial help.

2 November 2018 Policy & Regulation

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