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Togo: Consultant sought for CEB strategic plan

Togo is seeking expressions of interest from consultants by 1 October for a contract to update the strategic plan for the Benin-Togo Communauté Electrique du Bénin (CEB) and develop a business plan. The contract is funded by the World Bank’s...

South Sudan strikes compromise on pre-sales of crude

The government of South Sudan has followed through on its promise to put a stop to pre-financing deals done directly with oil traders. “All prepayments to companies have been stopped,” an oil executive based in Juba told African Energy. But a...

South Africa: Tata Power sells Cennergi stake

India’s Tata Power announced on 17 September that it had sold its 50% stake in power developer Cennergi to its joint venture partner Exxaro Resources. The shares were held through Tata Power’s wholly owned subsidiary Khopoli Investments. ABSA...

South Africa IRP expected next month

South Africa’s mineral resources and energy minister Gwede Mantashe said on 25 September that the Integrated Resource Plan (IRP) would be adopted at the first cabinet meeting in October. The document was presented to cabinet on 18 September...

SOCO International: Name change

London-listed SOCO International announced on 11 September that it is proposing to change its name to Pharos Energy plc. SOCO has pulled out of Block V in eastern Democratic Republic of Congo and Marine XI in Republic of Congo and refocused its...

IMF highlights risks for Saudi economy

The International Monetary Fund had some pointed – and diplomatically worded – advice for the kingdom in its latest Article IV review of the economy, released on 9 September. The Washington-based IMF said that non-oil growth was expected to...

Hassa Bint Salman: Suspended sentence in Paris

Princess Hassa Bint Salman has been given a ten-month suspended sentence by a French court, after being convicted in absentia for her role in an assault on Ashraf Eid, who had been carrying out repair work at her Paris apartment in 2016. She was...

Jeddah Summit: Qataris make rare foray into Saudi Arabia

Qatari officials made a rare visit to Saudi Arabia in mid-September to take part in the Organisation of Islamic Cooperation (OIC) extraordinary meeting, called by Riyadh to discuss comments by Israeli Prime Minister Benjamin Netanyahu that he...

Saudi Arabia: Royal decree limits foreign consultancy firms

Government ministries and entities will in future be required to certify that consultancy services cannot be supplied by Saudi providers before signing contracts with foreign firms, according to a royal decree published on 7 September.In 2018,...

ABS brings huge experience, and royal family, into the top oil job

The appointment of Prince Abdelaziz Bin Salman (ABS) to replace Khalid Al-Falih brings to the Ministry of Energy one of its most seasoned officials in the top job he was never expected to get. Very well-liked by the specialist energy press as one...

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