Starsight, SolarAfrica to merge and expand
Starsight Energy and SolarAfrica have set out a plan to merge and expand into new areas, particularly Francophone West Africa.
Nigeria
Nigeria, Morocco double down on mega pipeline project
Nigeria and Morocco have signed more agreements on a proposed major offshore gas pipeline, bringing Senegal and Mauritania on board.
Africa Oil sees progress looming in Nigeria, Kenya
Africa Oil (TSX:AOI) expects a number of developments in the next month or so, including the spud of the Gazania well, an extension to its licence in Nigeria and the signing of a Kenya deal.
Nigeria’s Seplat spent $450mn with firms tied to founders
One of Nigeria’s largest independent oil and gas producers spent more than $450 million on goods and services provided by companies linked to its two founders over 12 years, most of it after the firm publicly listed in London and Lagos in 2014.
Nigeria falls behind as output slips under 1mn bpd
Nigeria’s oil production has slipped below the 1 million barrel per day mark, according to new data from the upstream regulator. The decline in August has seen Nigeria fall to fourth largest producer in Africa, from first.
NSCDC stands accused of extorting fuel retailers
A Nigerian law enforcement agency has launched an investigation into its own officers following reports that they were extorting independent fuel suppliers.
One of world’s most polluted spots gets worse as $1bn cleanup drags on
In the more than a quarter century since Shell Plc left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s wetlands shimmering with a greasy rainbow sheen, its once-lush mangroves coated in crude, well-water smelling of benzene and farmlands charred and barren.
Delayed Dangote launch to end Nigeria’s fuel imports, Kyari says
The major Dangote Refinery project, near Lagos, will come on stream “latest by the middle of next year”, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has said.
Militants object to security contract handout in Nigeria
Nigeria’s attempts to tackle its oil theft problem have seen a new deal signed with a former leading militant – but the move has sparked protests.
Shell, Exxon, others to end billion dollar Nigerian lawsuits
Shell, ExxonMobil, Chevron and Equinor plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deep-water oil production in Africa’s largest crude producer.
Abubakar touts power plans amid grid chaos
Nigerian presidential hopeful Atiku Abubakar has set out his plans to tackle the country’s power problems – and the ongoing place for gas.
Supertanker seized after fleeing Nigerian navy
Equatorial Guinea’s navy has arrested a VLCC that had fled from Nigeria, after an alleged attempted loading at the Akpo field.
Savannah strikes Notore gas supply deal
Savannah Energy has signed another gas sales agreement in Nigeria with Notore Chemical Industries.
NNPC extends four licences on pre-PIA terms
Nigerian National Petroleum Corp. (NNPC) has renewed licences with leading international companies in the deepwater in a move expected to unlock new investments.
Buhari backtracks on Seplat support for Exxon deal
Nigerian President Muhammadu Buhari has reversed his support for Seplat Energy to acquire ExxonMobil’s local joint venture, in apparent recognition of the regulator’s objections.
Seplat boosts profits, keeps faith on Exxon deal
Seplat Energy has boost profits among higher production, with the company staying confident on its planned purchase of ExxonMobil’s local Nigerian unit.
TotalEnergies’ Ikike reaches first flows
TotalEnergies (LON:TTE) has started production at the Ikike field, offshore Nigeria, which should reach peak production of 50,000 barrels per day by the end of the year.
Netherlands drops OPL 245 probe into Shell
The Dutch Public Prosecutor has dropped its investigation into Shell’s role in acquiring OPL 245 in Nigeria, following a similar move from Italy earlier this week.
Italy drops appeal against Shell, Eni over OPL 245
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Norfund steps up to invest in CrossBoundary
Norway’s Norfund and KLP has made a $40 million equity investment in CrossBoundary Energy, to support renewable energy projects in Africa.
San Leon’s Fanning sets out the OML 18 plan
Things are looking up for San Leon Energy (LON: SLE), with the company closing in on the completion of its Nigeria deal and managing to avoid the termination of its listing on London’s AIM.
ILF, Doris win PMC work on huge pipeline project
ILF Consulting Engineers and Doris Group have won project management consultancy (PMC) work on the proposed Nigeria-Morocco Gas Pipeline (NMGP).
PetroNor completes Nigeria deal with an eye on Lagos’ gas demand
Panoro Energy has completed the sale of its stake in Nigeria’s OML 113 to PetroNor E&P.
BPE seeks suitors to tackle mismanaged power discos
Nigeria’s Bureau of Public Enterprises (BPE) has set out plans to resell 60% stakes in a number of power distribution companies, known as discos.
Seplat’s Exxon deal in Nigeria bogs down amid NNPC lawsuit
Nigerian National Petroleum Corp. (NNPC) launched a legal case against ExxonMobil and Seplat Energy over the proposed sale.