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Mozambique: Benga non-binding agreements signed

Kibo Energy announced on 5 September that it has signed a non-binding power purchase term sheet (PPTS) and non-binding coal supply term sheet (CSTS) with Vale Mozambique SA for the Benga coal power project. AIM-listed Kibo holds a 65% stake in...

Morocco: US court judgement puts Platinum projects in doubt

US-based private equity fund Brookstone Partners has won a decisive victory against its former partners in Casablanca-based Platinum Power which should allow it to eventually assume control of the company’s roster of pipeline projects in Morocco...

Kenya/Somalia: Hearings postponed to November

The International Court of Justice has postponed the start of public hearings in a case brought by Somalia in 2014 over its maritime border with Kenya. The hearings, which follow written submissions to the court last year, were due to take place...

Kenya: USTDA grant for wind and battery project

The United States Trade and Development Agency (USTDA) has approved a grant for Craftskills Energy Ltd – the Kenyan company originating the Kipeto wind project – to fund a feasibility study for a 50MW wind and battery project.

Kenya: MoU for wind/solar hybrid scheme

The Kenya Investment Authority (KenInvest) and Meru County government signed a memorandum of understanding (MoU) on 29 August with Australia’s Windlab and Japan’s Eurus Energy for the development of an 80MW hybrid wind, solar PV and battery power...

Guinea: USTDA grant for LNG project

The US Trade and Development Agency has agreed a grant for West Africa LNG Group Guinea SA to fund a feasibility study for an LNG import terminal and distribution network near Kamsar port in the Boké region. The study will be conducted by the...

Guinea: New owners for Nimba iron ore deposit

The government has approved a deal for private US company High Power Exploration (HPX) to acquire the 95% interest in the Nimba iron ore deposit held by BHP, Newmont Goldcorp and French nuclear power group Orano (the former Areva).HPX is run by...

Gabon: Dussafu drilling

BW Offshore’s DHIBM-1 well on the Dussafu licence has encountered hydrocarbons in the main well bore. Announcing its H1 results on 30 August, the company said well logging was continuing and a sidetrack well was planned. The main aim of the well...

Egypt: Zohr reaches target 2.7bcf/d production

Eni announced on 21 August that the Zohr gas field had reached the target plateau production of 2.7bcf/d set out in the plan of development five months ahead of schedule. A second 216km, 30-inch pipeline connecting the offshore subsea production...

Currency shifts begin to affect business in Côte d’Ivoire and beyond

The postponement of an infill drilling programme to expand production from the offshore Espoir field on Block CI-26 raised concerns in the industry when Canadian Natural Resources (CNR) announced the move in early August. In its Q2 2019 results...

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