Central Africa map

Arise IIP to develop integrated industrial platforms in Congo-Brazzaville

New MoU paves the way for industrial zones in Pointe Noire and Ouésso, including a new mineral port.

Arise IIP has set its eyes on the Republic of Congo after the success of several of its industrial zones in Africa, especially in Gabon.

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Gulf of Guinea

What does Perenco’s entry into Cameroon’s Etinde Permit tell us about the future of gas in Central Africa?

French-British independent Perenco has acquired NewAge’s 37.5% interest and operatorship of the Etinde permit offshore Cameroon. Despite delays, the development of the Etinde permit in Cameroon is set to be one of the major future shallow water gas developments in the Rio del Rey Basin.

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Infrastructure

Gabon considers new 340Km railway line between Owendo and Booué

The Government of Gabon has signed a contract with INPEX SA, subsidiary of RISE Gabon, to carry out necessary studies on the planned 340km Komo-Ogooue Railway (KOR) project.

Central AFRICA TOP STORIES
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Renewable energy

Savannah Energy plans 250 MW wind farm in Niger

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.

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LNG Hawilti+

Eni selects New Fortress Energy’s Fast LNG liquefaction technology for Congo FLNG

The development of a floating LNG project has been on the table for several years in Congo and is finally gaining traction.

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M&A

Savannah Energy enters Central African oil markets

The British independent has signed agreements to acquire ExxonMobil and PETRONAS’ assets in Chad and Cameroon.

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Infrastructure

Official start of construction at the D.R. Congo’s flagship deep-water port

DP World and the Government of the Democratic Republic of the Congo (DRC) have officially laid the first stone of the new Banana Port on February 1st.

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Infrastructure

DP World and the DRC sign final agreement to develop Banana Port

The Collaboration Agreement paves the way for a groundbreaking on the D.R. Congo's first deepwater port project within a year.

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Gulf of Guinea

BW Energy starts production from Tortue Phase 2 offshore Gabon

In parallel to the completion of Tortue Phase 2, BW Energy is preparing to execute a third development phase with the Ruche Phase 1 project.

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PPP

Gabon signs Concession Agreement for new 120 MW gas-to-power plant

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.


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Gulf of Guinea

Cameroon: Etinde gas partners want to use Equatorial Guinea’s processing facilities

NewAge and its partners want to use Equatorial Guinea's gas processing infrastructure on Bioko Island instead of building new processing facilities in Limbe, Cameroon.

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Equatorial Guinea

VAALCO to launch Venus development as a standalone project

VAALCO Energy has announced that it has completed the feasibility study for the development of the Venus discovery offshore Equatorial Guinea’s mainland.

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Gold

Gabon’s first mini gold refinery to start operations this year

Alpha Cenauri Mining is building the country’s first refinery in the Gabon Special Economic Zone and expects to start operations by mid-2022. Initial capacity is set at 4 tonnes per annum.

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Cameroon

FLNG Hilli Episeyo to increase utilisation by 200,000 tons in 2022

Partners on the 2.4 million tonnes per annum (mtpa) Hilli Episeyo floating LNG export terminal offshore Cameroon have agreed to expand capacity utilization by 200,000 tonnes in 2022 and possibly by another 400,000 tonnes from 2023.

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Natural Gas

Gabon exposes clear vision on what to do with its natural gas

Gabon is thought to hold between 3 to 5 Tcf of gas, but remains a small gas producer. The country now wants to cut routine flaring altogether and monetise it for the benefits of its industries, households, and economy.

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Hydropower

Why wind and solar would offer the DRC and South Africa better energy deals than Inga 3

A recent study concludes that pursuing large hydropower dams in the DRC is financially risky for South Africa, and assesses the feasibility and cost-effectiveness of renewable energy alternatives to serve the energy needs of both the DRC and South Africa.

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Earnings

VAALCO Energy’s share price rises to historic highs

VAALCO Energy, the independent company operating oil & gas projects offshore Central Africa, has just reported a strong net income of $31.7m for Q3 2021.

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Sustainability

Gabon adopts green finance to consolidate bases for sustainable development

Faced with declining oil reserves and the threat of climate change, the Gabonese government has committed to green budgeting.

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Solar

Gabon signs agreement for new 20 MW solar plant in Ngounié Province

The Turkish group Desiba Energy is taking charge of the construction of a new 20 MW solar PV facility for an investment of FCFA 17.7 bn.

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Infrastructure

Work has really started on the Trans-Gabon Highway

The surfacing work on the first section going from PK 24 to PK 105 was launched on August 27 at PK 56. The authorities hope to deliver this first section of 81 kilometers by July 2022.