Sierra Leone launches 5th Petroleum Licensing Round


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The Petroleum Directorate of Sierra Leone officially launched the country’s 5th Petroleum Licensing Round in London today. In total, 63,643km2 of offshore acreage is up for grab across 56 graticular blocks of some 1,360km2 each. A contract area is formed with a minimum of three graticular blocks. The Licensing Round will remain open until September […]

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Mozambique to collaborate with IFC on new $4.5 bn, 1.5 GW hydropower project


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The International Finance Corporation (IFC) has announced the signing of a collaboration agreement with Mozambique’s Ministry of Mineral Resources and Energy (MIREME) on the implementation of the 1.5 GW Mphanda Nkuwa Hydropower Project and its associated transmission facilities. The $4.5bn project will be constructed in Mozambique’s central Tete Province that borders Malawi, Zambia, and Zimbabwe. […]

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New study shows 8.2 Tcf potential at Innoson’s oil & gas concession offshore Sierra Leone


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Innoson Oil & Gas, part of Nigeria’s IVM Innoson Group, revealed last week the findings of a third-party evaluation conducted by Ryder Scott Co. on its concession offshore Sierra Leone. According to the American engineering and geological consultants, Innoson Oil & Gas’ blocks could contain up to 8.2 Tcf of gas and 234m barrels of […]

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Nigerian companies team up to provide gas to West Africa’s leading industrial hub


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The Lagos Free Zone (LFZ) has officially signed earlier today a Gas Infrastructure Development Agreement with Optimera Energy FZE to develop its own gas distribution network. The new project gathers some of Nigeria’s leading gas players around a new venture committed to promoting gas-based industrialisation. West Africa’s leading industrial hub needs gas Located on the […]

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How Africa Oil Corp. made half a billion dollars from Nigeria in less than two years


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Investing in Nigeria may not be for the faint-hearted, but the country continues to prove times and again that it can be a highly rewarding market. By securing an indirect interest in some of the country’s largest producing deep-water blocks in 2020, Africa Oil Corp. has shown the benefits that come with betting on Nigeria’s […]

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Why Nigeria remains an attractive oil & gas frontier


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As Africa’s biggest oil producer, Nigeria currently faces a number of challenges that affect its short-term recovery prospects. While the country can usually rely on its oil sector to boost its economy in periods of high oil prices, the current surge in commodity prices has been more a curse than a blessing for Nigeria. Nigerian […]

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Wildcat Petroleum granted non-exclusive right over 20 blocks offshore Sierra Leone


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LSE-listed Wildcat Petroleum (WCAT) had announced the signing of a Reconnaissance Permit Agreement with the Petroleum Directorate of Sierra Leone (PDSL). The permit grants Wildcat Petroleum non-exclusive rights to conduct reconnaissance operations over 24,000 km2 for a period of six months. The company will notably carry out a desktop study using geophysical and geological data […]

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AG&P delivers world’s first modular FSRU in Senegal


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GAS Entec, a subsidiary of Singapore-based Atlantic Gulf & Pacific International (AG&P) has completed the conversion of a 125,000 m3 LNG carrier for KARMOL, the joint-venture of Turkey’s Karpowership and Japan’s Mitsui OSK Lines. The converted 84 MMscf/d modular floating storage and regasification unit (M-FSRU) is a first in the world and will be delivering […]

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Sasol launches $5m CNG fund with Mozambique’s National Investment Bank (BNI)


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To support gas monetization in Mozambique, Sasol has signed today an agreement with the country’s National Investment Bank (BNI) and the Ministry of Mineral Resources and Energy to set up a $5m fund for the development and expansion of compressed natural gas (CNG) projects. The fund will be financed by Sasol and managed by BNI […]

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Afentra acquires interest in producing and exploration blocks offshore Angola


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Afentra has officialised its entry in Angola with the signing of Sale and Purchase Agreement (SPA) with Sonangol’s upstream subsidiary Sonangol Pesquisa e Produção. The one-year old, AIM-listed independent is acquiring from Sonangol a 20% non-operated interest in the producing Block 3/05 and a 40% non-operated interest in exploration Block 23 for up to $130m, […]

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Hawilti launches gas research programme on Nigeria


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Hawilti has marked the launch of its gas research programme on Nigeria with the release of a comprehensive investment report on the country’s natural gas sector earlier this week. The 2022-2023 programme seeks to analyse the growth of Nigeria’s natural gas value-chain in light of current regional and global market dynamics. While the Nigerian government […]

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Worley awarded FEED Phase II contract for Nigeria-Morocco Gas Pipeline


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Worley has announced that it has been awarded a contract to provide main front-end engineering design (FEED Phase II) services for the 7,000km Nigeria-Morocco Gas Pipeline (NMGP) project. The feasibility study and FEED Phase I were previously completed by Penspen. The project is led by Morocco and Nigeria’s national oil companies, the Office National des […]

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Zimbabwe’s leading cement supplier to switch to solar energy


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Yesterday, PPC Zimbabwe broke ground on two solar PV plants in Bulawayo and Gwanda in southwestern Zimbabwe. The facilities will have a combined generation capacity of 30 MWac and were awarded to a consortium of the African Transmission Corporation (ATC) and Sinohydro Corporation following a competitive tender. The consortium’s project company, CentraWest, is mandated to […]

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Tragedy hits Niger Delta as illegal bunkering site explosion kills 100


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Over 100 people lost their lives last weekend at an illegal crude oil bunkering site at the Abaezi forest, in the Ohaji-Egbema Local Government Area of Nigeria’s Imo state. The illegal oil refining depot bordered Nigeria’s Rivers and Imo states and is one of many such sites operated across the Niger Delta by illegal refiners […]

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Exploration in Angola: find out about the country’s latest bidding round at Cape VIII


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On April 5th, the Angolan National Oil, Gas and Biofuels Agency (ANPG) opened a tender for eight oil blocks in the Lower Congo and Kwanza offshore basins. These include Blocks 16/21, 31/21, 32/21, 33/21 and 34/21 in the Lower Congo and Blocks 7/21, 8/21 and 9/21 in the Kwanza Basin. In the presence of Minister of Mineral Resources, Petroleum […]

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Madagascar: Ambatolampy 20 MW solar substation energized


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The Ambatolampy 20MW 20/63KV solar substation, built by Malgasy contractor ENERTEC MADA, was successfully energized on April 9th. This marks a new critical milestone in the expansion of the Ambatolampy solar PV plant from 20MW to 40MW. The end of construction on the second phase of 20 MW had already been announced by AXIAN Energy’s […]

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Mozambique inaugurates its largest solar PV plant yet


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Last week, President Filipe Jacinto Nyusi of Mozambique inaugurated the 41 MWp Metoro solar PV plant, built in the northern Cabo Delgado province. The $56m facility is owned by French IPP Neoen (75%) and state utility EDM (25%) and was built by Portuguese contractor Efacec. It was financed by a $40m debt package provided by […]

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NOCs dominate list of bidders under Mozambique’s 6th Licensing Round


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Following the completion of the pre-qualification process for Mozambique’s 6th Licensing Round, a total of 13 companies have submitted documents. Interested bidders mostly include national oil companies, including CNOOC, Sinopec International, and PetroChina International (CNPC) of China, ONGC Videsh of India, Rosneft (RN Angoche) of Russia and QatarEnergy. The IOCs that already have blocks in […]

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Savannah Energy plans 250 MW wind farm in Niger


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Savannah Energy, operator of some of the most prolific oil blocks in Niger, is currently planning to construct and operate the country’s first wind farm in its Tahoua Region. The project was subject to the execution of an agreement yesterday between Savannah Energy and the Ministry of Petroleum, Energy and Renewable Energies of the Republic […]

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Can African oil producers help the world end reliance on Russian oil and gas?


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Unlocking Africa’s oil and gas potential is now imperative against the backdrop of the war in Ukraine and the resulting crude, diesel, and gas supply crunch. This has rendered European dependence on Russian energy untenable, creating a major opportunity for Africa to position itself as a crucial option to increase the supply to the global […]

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Invictus Energy commits to more gas exploration onshore Zimbabwe


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Geo Associates, who is about to drill in Zimbabwe what is believed to be the largest undrilled structure onshore Africa, has just committed to a second well this year. The company is a subsidiary of Australian independent Invictus Energy and holds an 80% interest in SG 4571 over the Cabora Bassa Basin in northern Zimbabwe. […]

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