Woodside Energy and its partners announced a final investment decision (FID) for the Sangomar field development at a signing ceremony in Dakar on 14 January. The FID comes after the government granted a 25-year exploitation authorisation on 8...
EDP Renováveis, the renewable energy arm of Portugal’s state power utility, announced on 23 December that it would invest $3m in decentralised solar system supplier Rensource Energy to support its expansion in Nigeria. The investment, which was...
Nigeria’s Lekoil has admitted it was scammed by intermediaries purporting to offer a $184m loan from the Qatar Investment Authority (QIA) for appraisal and development of the Ogo field in OPL 310. AIM-listed Lekoil said it had met individuals...
Eni and its partners in Nigeria LNG announced a final investment decision (FID) on 27 December for the long-mooted Train 7 expansion of the plant. The development will increase NLNG’s production capacity to more than 30m t/yr from the current 22....
Independent power producer Diaz Wind Power, a subsidiary of United Africa Group (UAG), has secured the land for a 44MW wind farm at Lüderitz in Namibia’s south-western Karas region. A land lease agreement was signed with the Ministry of...
France’s Neoen announced on 19 December that it had reached financial close on its 41MWp Metoro solar PV project. Portugal’s Efacec has started to build the plant, which will be the second utility-scale solar project supplying Mozambique’s...
The European Bank for Reconstruction and Development (EBRD) is seeking expressions of interest from consultants by 24 January for an environmental and social impact assessment of a proposed 300MW pumped storage power plant in El Menzel, northern...
UAE-based Phanes Group announced on 20 December that the $67m Nkhotakota solar PV project had reached financial close. Initial site works have begun for the 46MW project, and partner responsAbility Renewable Energy Holding told African Energy...
Beleaguered Tullow Oil said on 15 January it expects to report pre-tax impairments and exploration write-offs of about $1.5bn in its 2019 results in March, mainly due to a $10 reduction in the group’s long-term accounting oil price assumption to...
Genser Energy Ghana Ltd announced in December that it had reached financial close on a $366m financing agreement that will fund the expansion of its business in Ghana. The transaction funds the expansion of existing plants and the company’s gas...
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