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Egypt: Kuwait Energy commissions gas plant

Kuwait Energy and Egyptian General Petroleum Corporation have commissioned a gas plant at the Abu Sennan concession in the Western Desert. The plant aims to optimise utilisation of the hydrocarbons on the block. “The associated gas is now...

Mauritania: Gas discovery for Kosmos

Kosmos Energy has announced a “significant, play-opening gas discovery” with the Tortue-1 exploration well in offshore Block C-8. The well, drilled in 2,700 metres of water to test the Tortue West prospect which forms part of the Greater Tortue...

Ghana: IFC considers Sankofa investment

The World Bank is considering support for Eni’s Sankofa oil and gas project on the Offshore Cape Three Points (OCTP) block. The proposed support package would include World Bank guarantees to support investments in phase 2 of the project, which...

Mozambique: 3,600MW of new dams in government’s five-year plan

The 2014-2019 five-year plan approved by parliament on14 April lists five new dams as development priorities to support the government’s strategic objective of increasing access to energy. The plan includes the first phase of the 1,500MW Mphanda...

TEN development continues after UN ruling

The International Tribunal of the Law of the Sea (Itlos) has rejected Côte d’Ivoire’s request to order Ghana to suspend operations on Tullow Oil’s TEN development until a decision can be reached on the two countries’ maritime boundary dispute....

Burkina Faso: Regulator examines financing

Société Nationale de l’Electricité (Sonabel) is calling for more support from government and greater flexibility from donors as it seeks to overcome growing supply and financial deficits. Officials at an early April workshop organised by...

South Africa: New Eskom CEO bullish as government seeks to stabilise leadership

The South African government has made a statement of intent with the secondment of Transnet CEO Brian Molefe to Eskom as interim CEO, a move that has been welcomed within the industry after a tumultuous few weeks that has seen four executives...

DR Congo: World Bank puts back Inga 3 construction start date

Construction work on the 4,800MW Inga 3 project will not start until 2017 at the earliest, World Bank director of operations in the Democratic Republic of Congo (DRC) Ahmadou Moustapha Ndiaye told a 9 April news conference in Kinshasa. While not...

Angola hit by payments crisis

ConocoPhillips has had another disappointment in the Kwanza Basin with the Omosi-1 well on Block 37. The company said the well had been drilled to 6,300 metres total depth and had encountered a 160 metre gas column. No further activity is planned...

View: Shell’s BG deal signals industry consolidation, strategic opportunities

The purchase of BG Group by Royal Dutch Shell confirmed predictions that the falling oil price would trigger a spate of mergers and acquisitions (M&A) activity in the upstream industry. It points to a need for even the biggest players to...

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