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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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LNG

Eni Congo selects Expro for onshore LNG pre-treatment facility

Under the agreement, Expro will design, construct, operate and maintain a fast-track the facility as part of Eni Congo’s Marine XII gas development plans that include the deployment of two floating LNG units in 2023 and 2025.

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LNG

Wison starts construction of new FLNG project for Eni in Congo

Wison Offshore & Marine held in January its 1st Cutting Ceremony for a new floating LNG unit it is constructing for Eni in the Republic of Congo. The ceremony took place at the Nantong yard, where Wison (Nantong) Heavy Industry Co., Ltd. will be constructing the 2.4 mtpa unit.

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Exploration

Perenco makes new oil find offshore Congo

Perenco has confirmed a new oil discovery within the Tchibeli North East pre-salt Vandji exploration prospect on its PNGF Sud shallow water permit in Congo-Brazzaville.

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Exploration

Eni to start exploratory drilling offshore Congo

The Prospector 5 will execute a multi-well drilling campaign, starting with two exploration wells on Marine VI bis followed by five development wells on Marine XII, SNPC has said.

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Downstream

Equatorial Guinea: deal signed for new 20,000 bpd refinery

The Vice Presidency of Equatorial Guinea has announced the signing of a new agreement between state-owned GEPetrol and Chinese companies for the construction of a new 20,000 bpd refinery.

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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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Gabon

VAALCO completes FSO installation and field reconfiguration offshore Gabon

VAALCO Energy delivered First Oil to the Teli floating, storage, and offloading (FSO) vessel at its Etame Field offshore Gabon on October 18, the company has revealed.

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Refining

Cameroon’s SONARA restructures commercial debt with Vitol

Cameroon’s SONARA, which operates Central Africa’s biggest refinery, has reached a deal with oil trader Vitol to restructure its commercial debt. The deal had been in the making for some time as the state-owned refining company seeks to restructure its debt, which amounted to 3% of GDP and 6.6% of total public and publicly-guaranteed debt at the end of 2020.

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Drilling

Perenco doubles output from PNGF Sud offshore Congo-Brazzaville

Perenco has announced the successful completion of its 2022 drilling campaign on the Litanzi Field within its PNGF Sud permit offshore Congo-Brazzaville. As part of the programme, two pairs of producer-injector wells have been put into production from the Albian reservoir, the independent operator has said.

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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.

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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.