Gas to Power

Côte d’Ivoire has become home to one of Africa’s most resilient energy sector thanks to its gas and hydropower potential, whose development has provided baseload and reliable power for decades. The west African country currently relies on gas supplied by domestic fields for almost 70% of its electricity production. A little over a decade ago, […]

by Wale Yusuff, Managing Director of Wärtsilä in Nigeria Wale Yusuff, the Managing Director of Wärtsilä in Nigeria, explains how businesses operating in energy-intensive industries like cement or steel are investing in flexible engine technologies to secure reliable and efficient power while also setting the perfect stage to make good on their decarbonisation objectives. Nigeria […]

On April 6th, Perenco has signed a memorandum of understanding (MoU) with several public parties in Gabon towards the development of a 21 MW power plant at Mayumba in the country’s southern region. The agreement was signed by the Ministry of Petroleum and Gas, the Ministry of Energy and Hydraulic Resources, the Ministry of Economy […]

On Wednesday, the African Export-Import Bank (Afreximbank) and Senegalese power company Ndar Energies S.A. signed a Framework Agreement for the development of a 250 MW combined cycle gas-to-power plant in Senegal. The agreement covers the financing, design, construction, and operation of the €430m facility that will be built in Saint Louis in northern Senegal, next […]

President Macky Sall has inaugurated the new 120 MW Malicounda power plant on February 11th. The project is the result of a development agreement signed in 2017 between Africa50 and state utility Senelec to select a strategic sponsor to develop the facility under a Build, Own, Operate and Transfer model (BOOT). Independent power producer (IPP) […]

On Monday this week, Côte d’Ivoire added another 180 MW to its Azito gas-to-power complex in Yopougon, Abidjan. The facility has been under expansion since 2019 under the Azito 4 project, which includes the new 180 MW gas turbine inaugurated this week, and a 74 MW steam turbine. Azito 4 represents an investment of some […]

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 […]

Earlier this week, New Fortress Energy executed a non-binding Memorandum of Understanding (MoU) with the Islamic Republic of Mauritania for the development of the offshore Banda gas reserves into a new energy hub. The project could be commissioned as early as 2024 and would entail the production of natural gas, power, liquefied natural gas (LNG) […]

Tlou Energy has announced today the signing of a BWP 50m ($5m) convertible loan agreement with the Botswana Public Officers Pension Fund (BPOPF). The note has a maturity of five years and interest rate of 7.75% per annum. The agreement also includes an equity investment by BPOPF. Preliminary terms include a further BWP 50m ($5m) equity […]

Janus Continental Group’s subsidiary Great Lakes Africa Energy (GL Africa Energy) has signed yesterday a Concession Agreement with Mozambique’s Energy Minister to finance, build and operate a 250 MW LNG-to-power plant in the country’s Nampula province. “The deal signals the start of a three-part phased investment. Initial phase will create 50MW capacity within 16 months. […]

Gabon is thought to hold anywhere between 3 to 5 trillion cubic feet (Tcf) of gas, although the country remains a small gas producer. To date, most of its gas has remained on the ground or flared – with only small quantities monetised domestically for power generation in Libreville and Port Gentil. But as Gabon […]

BW Energy has just signed an agreement with Aquadrill LLC to acquire the semisubmersible drilling rig “Leo” for a total consideration of $14m. Surprisingly, the rig is not to be used for the company’s flagship Gabonese nor Brazilian assets, but for the development of the Kudu gas field offshore Namibia. The acquisition of the “Leo” […]

Nested in the Gulf of Guinea, Gabon has built itself a reputation of environmental stewardship and sustainable development of its natural resources. The country of less than 2.5m notably hosts Africa’s largest forest elephant population and is covered at 88% by rainforest. Despite being an established offshore hydrocarbons province, Gabon is steadily diversifying away from […]

Tlou Energy has signed this morning a 10 MW Power Purchase Agreement (PPA) with the Botswana Power Corporation (BPC) under which BPC will purchase up to 10 MW of power generated at the company’s Lesedi power project. The PPA is for an initial five-year term and will help Tlou Energy in reaching financial close for […]

A groundbreaking ceremony was held over the weekend for the 50 MW Maiduguri & Environs Emergency Power Project (MEPP), in presence of Borno State Governor, Prof. Babagana Umara Zulum and the NNPC Group Managing Director Mallam Mele Kyari. The contract for the project had been signed last month with the China Machinery and Engineering Corporation […]

Yesterday, the Gabon Power Company (GPC) signed a landmark Concession Agreement with Wärtsilä for the development, supply, construction, operation and maintenance of a new 120 MW gas-to-power project in Owendo, next to the capital city of Libreville. Wärtsilä will jointly lead the project with the GPC, a subsidiary of Gabon’s sovereign wealth fund FGIS via […]