May 16, 2023
February 21, 2023
February 20, 2023
TotalEnergies has decided to mobilise almost 50% of its global exploration budget to Namibia this year as it hopes to confirm a multi-billion barrels discovery on block 2913b.
The Ghana National Gas Company (GNGC) has signed a project agreement for the construction of a second gas processing plant of 150 MMscf/d at Atuabo in Western Ghana. Train 2 will double gas processing capacity at Atuabo, where a first train of 150 MMscf/d was commissioned in 2015.
Oil & Gas
In June 2022, Nigeria held a grand ceremony in Abuja to unveil its Host Communities Development Regulations and Petroleum Prospecting Licences (PPLs) under its newly-adopted Petroleum Industry Act (PIA). And the winners are...
Eco (Atlantic) Oil & Gas has announced that its shallow water Gazania-1 well within Block 2B offshore South Africa did not encounter commercial hydrocarbons. The well was the fourth one to be drilled this year in the Orange Basin following Graff-1 (Shell), Venus-1 (TotalEnergies) and La Rona-1 (Shell). Gazania-1 is the only disappointing one so far.
The campaign is expected to start with the drilling of two exploratory wells on Marine VI bis, a block operated by Eni in partnership with Congo’s national oil company, SNPC. The block holds several prospects that have been matured over the past few years, including Mbenga, Poalvou Deep, and Ikalou SW.
By acquiring Mondoil Enterprises in an all-share transaction, DNO gains a 33.33% indirect interest in Foxtrot International, operator of the producing block CI-27 and exploration block CI-12 in Côte d’Ivoire.
The new EPSC signed at the end of 2022 provides for 30 months of studies and planning before submitting a development plan for the field, where a final investment decision (FID) is now expected in the first half of 2025.
The merged entity will comprise a portfolio of over 220MW of operated and contracted generation capacity, and 40MWh of operational battery storage, with an additional generation pipeline exceeding 1GW.
Cabeólica S.A., owner of the four wind farms on the islands of Santiago, São Vicente, Sal and Boa Vista in Cape Verde, has signed an MoU for the expansion of its facilities. The MoU targets an expansion of the Santiago facility at Monte São Filipe by 13 MW, along with the installation of 2 x 5 MW energy storage batteries on the islands of Santiago and Sal.
The incorporation of the TransGuinean joint-venture follows the signing of a Framework Agreement in March 2022 to facilitate investment decisions for the co-financing and co-development of the project.
Italian major Eni has announced the successful drilling and testing of the Baleine East-1X well within Block CI-802 offshore Côte d'Ivoire. This is the first well to be drilled in the block and targeting the Baleine structure discovered in 2021 in the adjacent Block CI-101.
The Angolan Transport Ministry has awarded the 30-year concession for rail services and logistics support over the Lobito Corridor to the consortium of Trafigura (49.5%), Mota-Engil (49.5%), and Vecturis (1%).
The Government of Tanzania signed a Framework Agreement with Equinor and Shell to support negotiations on the Tanzania Gas and LNG Project (TGP). The agreement marks another step towards the signing of the Host Government Agreement (HGA) expected before the end of 2022.
Arise Integrated Industrial Platforms (IIP) has signed yesterday an MoU with the Ministry of International Cooperation and Public-Private Partnership Promotion of the Republic of Congo for the development of two new industrial zones in Pointe-Noire and Ouésso.