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Mozambique: US Exim to vote on $5bn LNG loan

The US Export-Import Bank said on 22 August its board planned to vote on a $5bn loan for the Area 1 Mozambique LNG project. A statement said it had notified Congress of the transaction, which would be voted on after a 35-day congressional...

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...

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