Angola sets out its stall in bid to boost production
Angola is determined to increase energy production and, judging from the wave of independents signed up to take on Sonangol stakes, seems well positioned.
Africa
Shell issues tenders for major Nigerian deepwater addition
Shell has issued three engineering, procurement and construction (EPC) tenders for companies to participate in the 120,000 barrel per day Bonga North development in Nigeria.
Eni, Sonatrach agree on fast-track gas developments
Eni and Sonatrach have signed a memorandum of understanding (MoU) on accelerating gas plans and a move towards green hydrogen.
Nigerian companies team up on gas network plan in Lagos
A group of Nigerian companies have teamed up to build, own and operate (BOO) a natural gas infrastructure network in the Lagos Free Zone.
Technip Energies signs on to gas plans with COS Petrogaz
Technip Energies has signed a memorandum of understanding (MoU) with Senegal’s COS Petrogaz on LNG and decarbonisation.
Exxon signs up Maersk Supply Service ahead of Angola drilling
ExxonMobil has awarded Maersk Supply Service work supporting drilling and production offshore Angola, in Block 15.
Invictus firms up Baker Hughes drilling deal
Invictus Energy has signed a binding well services contract with Baker Hughes for drilling in Zimbabwe, following a capital raise.
Petrodel aims to reach Tanzanian gas production in 2025
Nigeria’s Petrodel Resources has dusted off its Tanzanian licences and announced a plan to return to the East African state.
BP picks Petrofac for GTA offshore work
BP has chosen Petrofac to carry out work at the Greater Tortue Ahmeyim (GTA) LNG project as the service company scales up its African presence.
Mauritania sets out strategic path to hydrogen
Mauritania has signed on to support three hydrogen projects, including Chariot’s Nour plan, at a strategic meeting.
SDX agrees sale to Canada’s Tenaz
SDX Energy has struck a deal to sell itself to Canadian-listed Tenaz Energy for £21.4 million in an all-share offer.
Glencore cops to global bribery scheme, to pay $1bn penalty
Glencore has agreed to pay penalties of $1.06 billion to US and Brazilian authorities. More is to come in a UK settlement with the Serious Fraud Office (SFO).
Scholz follows Senegal gas visit with Sasol SAF launch
German Chancellor Olaf Scholz attended the launch of a synthetic aeroplane fuel in South Africa today, with his local counterpart Cyril Ramaphosa.
Sahara, NNPC add two LPG vessels
Sahara Group and Nigerian National Petroleum Corp. (NNPC) have taken ownership of two LPG vessels in South Korea, with plans to reach 10 vessels in the next 10 years.
ReconAfrica, Invictus near launch of drilling
Reconnaissance Energy Africa and Invictus Energy are both nearing drilling, as they seek to prove up onshore hopes around Namibia and Zimbabwe respectively.
Chinese companies sign on to MTBE build in Algeria
Sonatrach has signed a contract for China National Technical Import & Export Corp. (CNTIC) and Sinopec Luoyang Engineering (LPEC) to build a methyl tert-butyl ether (MTBE) facility at Arzew.
Seplat elevates Omiyi, shrugs off questions over Mobil deal
Seplat Energy has appointed Basil Omiyi to takeover as non-executive chairman, while questions are asked once more over the company’s deal for ExxonMobil’s local assets.
Marsh named as insurance broker for EACOP plan
Marsh McLennan has been identified as the insurance broker for the East African Crude Oil Pipeline (EACOP).
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Protests disrupt gala dinner at Africa Energies Summit
Protests have disrupted the gala dinner at the Africa Energies Summit, with a group of Extinction Rebellion activists attaching themselves to Gordon Ramsay’s Heddon Street restaurant.
Petrofac takes over from Maersk at Tullow decom work
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Afreximbank, APPO sign up to energy bank plan
Afreximbank has signed a memorandum of understanding (MoU) with the African Petroleum Producers Organization (APPO), with the dream of creating an energy bank.
Offshore rig day rates heading for highest level in ‘almost a decade’
The offshore drilling rig market is “much tighter” than previously thought, according to new analysis, with some segments “nearly sold-out”.
SERAP files suit against president over mismanaged refineries
A Nigerian NGO has filed a lawsuit against Nigerian President Muhammadu Buhari over a string of alleged failures at the country’s four refineries.
Sanalla makes pitch for investment as US backs oil cash flow freeze
The head of Libya’s National Oil Corp. (NOC) has highlighted the North African country’s role in meeting Europe’s energy security needs and downplayed the risks.