Africa ///

AFC invests $100 million in Aker Energy's DWTCTP, offshore Ghana

Africa Finance Corporation (AFC) announces today it has financed Aker Energy A.S., a subsidiary of Aker ASA. AFC's support is through investing in $100 million of convertible bond notes with an intention to participate in follow on fund raising activities for the development of the Deepwater Tano Cape Three Points block (DWTCTP), offshore Ghana.

Africa Energy signs rig contract for Block 11B/12B, offshore South Africa

Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce that the joint venture partnership for Block 11B/12B offshore South Africa has entered into a multi-well drilling contract with Odfjell Drilling for the Deepsea Stavanger semisubmersible rig.

Expro awarded subsea contract by Pacific Santa Ana, offshore Mauritania

International oilfield services company Expro has been awarded a contract by Pacific Drilling LLC’s subsidiary, Pacific Santa Ana, Ltd., for the provision of an Intervention Riser System (IRS) for Petronas’ Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania.

Total E&P Congo successfully deploys world’s first cementless completion

Welltec has announced the first deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019.

Kenya, Tanzania plan to explore natural-gas trading

Kenyan President Uhuru Kenyatta and his Tanzanian counterpart, John Magufuli, agreed to explore trading in natural gas, which companies including Equinor ASA are looking to develop for export.

Libyan military leader says only Tripoli can sell nation's crude

Libya’s most powerful military leader said the state oil company in Tripoli has the sole right to sell the nation’s crude, a statement that might ultimately help stabilize production that has swung wildly for almost a decade because of ongoing conflict.

Vandalism of Nigerian oil pipeline results in tragedy

Two people died after a gasoline pipeline owned by Nigeria’s state oil company exploded in an area of Lagos, the commercial capital, the National Emergency Management Agency said.

Eni awarded new E&P license in the prolific Tano basin, offshore Ghana

Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano basin, offshore Ghana.

Maritime Developments wins follow-up flexible, umbilical installation job offshore West Africa

Maritime Developments (MDL) has been awarded a follow-up flexible and umbilical installation job offshore West Africa.

Africa Oil farms in to Azinam Block 3B/4B in South Africa

Africa Oil has entered into a definitive farmout agreement with Azinam Limited (Azinam), whereby Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa.

Nigeria’s largest oil independent to spend $5 billion to boost output

Nigeria’s largest independent oil producer plans to spend as much as $5 billion to boost its oil and natural gas production in the next five years.

Africa Oil Week to focus on role of oil, gas in South Africa’s future energy mix

With Africa Oil Week (https://Africa-OilWeek.com) in Cape Town in its 26th year, this year’s event – from Nov. 4-8 – will feature, for the first time, a day-long “South African Showcase.”

Penspen partners with MJMEnergy for the study of gas pipeline network in Senegal

Penspen has partnered with MJMEnergy, a leading gas and energy consultancy, for the gas-to-power study early development phase in Senegal.

New discovery expands natural gas resource potential offshore Mauritania, Senegal

Kosmos Energy has announced that the Greater Tortue Ahmeyim-1 well (GTA-1), drilled on the eastern anticline within the unit development area of Greater Tortue, has encountered approximately 30 m of net gas pay in high-quality Albian reservoir.

Chinese energy companies push to acquire assets in Equatorial Guinea

Equatorial Guinea Ronda has received great interest from public and private Chinese companies to invest in Equatorial Guinea and explore opportunities in oil & gas and minerals at the upcoming EG Ronda Licensing Round meetings in Beijing organized by the African Energy Chamber.

Africa Oil, JV partners sign on for first-ever oil development in Kenya

Africa Oil Corp. has announced that Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of the oil fields in the South Lokichar basin.

South Africa working on new oil, gas policy to enable growth

South Africa is working on a policy to govern the development of oil and gas resources after calls by potential investors to shield the industry from a long-running debate over laws that apply to mining exploration.

Anadarko announces FID on Area 1 Mozambique LNG project

Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project.

Cyclone highlights the vulnerability of operations in Mozambique

Tropical Cyclone Kenneth dumped heavy rains on Mozambique, a day after becoming the second storm to hit the nation in two months.

BHGE launches multimodal facility expansion in Angola

Baker Hughes, a GE company (BHGE), has announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola.