LEKOIL, oil and gas exploration and production company with a focus on Nigeria and Africa, announced it has entered into a Strategic Alliance Agreement with NAMCOR, through its subsidiary, LEKOIL Namibia.
The World Bank announced the 18-month sanctions of China National Electric Engineering Company and its wholly owned subsidiary, China Electric Design and Research Institute Company, in connection with fraudulent practices in Zambia.
Total’s second discovery in South Africa promises gas-led recovery for Southern Africa, Energy Chamber
While anticipated, Total’s second significant gas condensate discovery announced in South Africa is nonetheless reason to rejoice after a year of deep uncertainty and struggles for the African energy sector.
No, energy transition does not mean a total ban on fossil fuels. In simple terms, energy transition refers to a shift from fossil fuels to cleaner forms of energy.
Chariot Oil & Gas receives EOI for provision of development debt finance for Anchois gas discovery offshore Morocco
Chariot Oil & Gas has received a non-binding Expression of Interest Letter from Africa Finance Corporation for the provision of development debt finance for the Anchois Gas Discovery, offshore Morocco.
FuelEx Eswatini, $6-million petroleum distribution company has been launched by Eswatini’s Minister of Commerce, Industry and Trade, H.E. Manqoba Khumalo.
The USTDA issued a call for initial proposals to expand its grant-based support for feasibility studies, technical assistance and pilot projects that advance the U.S. government’s Prosper Africa and Power Africa initiatives.
WAAREE Energies, India's largest solar module manufacturer has strengthened its presence in West of African continent by opening franchise in Conarky.
Panoro Energy announced that the Guebiba 10 sidetrack well located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services concession has been successfully drilled and completed.
Tlou Energy is currently seeking funding for development of the Lesedi power project in Botswana.
UK-based operator Assala Energy announced it will spend $24 million to modernize Gabon’s Gamba export infrastructure in the south of the country.
Dana Gas announced it has entered into a binding agreement with IPR Wastani Petroleum, a member of the IPR Energy Group (IPR) for the sale of its onshore Egyptian producing oil and gas assets for a consideration of up to $236 million.
Kinetiko Energy announced that Afro Energy has received approval to produce an amount of gas annually for a 2 year period from the Amersfoort Project exploration rights ER56 and ER38 by the Minister for Mineral Resources (DMR), South Africa.
Tullow Oil announced the Government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment of the sale of Tullow’s Ugandan assets to Total.
Siemens Energy inaugurated a service center and a training academy in Egypt which combines a repair center, a tooling center and a spare-parts warehouse under one roof.
Sterling and Wilson Pvt Ltd (SWPL) has announced that it's Hybrid & Energy Storage division (HES) has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant in Agadez, Niger, in West Africa.
Neptune Energy announced it will adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and significantly reduce non-productive time.
A joint venture between Saipem and McDermott selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors for the Mozambique LNG Project.
Africa Energy, Canadian oil and gas company with exploration assets offshore South Africa and Namibia received approval from the shareholders for a transaction through which it will increase its effective interest in Block 11B/12B offshore South Africa.
U.S. International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in Ethiopia.
Energy producer Kenya Electricity Generating Company (KenGen) is set to earn about $1.1 million in the next seven years from the Olkaria II Clean Development Mechanism (CDM) Project.
Efficiency for Access Research and Development Fund supports 20 groups with £2.9 million funding for solar projects
The Efficiency for Access Research and Development Fund has awarded 20 organisations a total of £2.9 million of funding for innovative, solar-powered appliance technology projects.
Moroccan focused upstream gas company Sound Energy announced due to further disruption caused by the impact of the COVID-19 pandemic, ONHYM has approved a 24 month extension to the initial period of the Sidi Moktar Permits.
The EEP Africa Innovation Window Investment Committee approved funding for projects submitted under the 2020 call for proposals on Clean Energy Powering Green Growth.
Economic growth will fall this year across west and central Africa due to the effects of the coronavirus pandemic, with the fortunes of major oil producing nations set to decline, according to a report from the World Bank.
Mozambique and Germany have a special relationship, that was formalised when the German Democratic Republic established diplomatic relationships with the then newly independent Republic of Mozambique in 1975.
Bollore Transport & Logistics handles 900 tonnes of equipment for Côte d'Ivoire thermal power station
Bollore Transport & Logistics Cote d'Ivoire unloaded 900 tonnes of equipment, including a turbine, an electric generator and various other materials, in the Yopougon municipality of Abidjan.
ENGIE has appointed Gillian-Alexandre Huart as CEO of ENGIE Energy Access, its Access to Energy business in Africa, tasked with providing millions of households and businesses across the continent with clean and affordable energy.
Lekela, renewable power-generation company that delivers utility-scale projects across Africa, anounced its South Africa's Perdekraal East windfarm began commercial operations.
VAALCO Energy announced that in connection with planning for future drilling programs at the Etame Marin block offshore Gabon, it will begin acquiring and processing new 3D seismic data in the fourth quarter of 2020.
GE Renewable Energy’s Grid Solutions business has been awarded a contract of US$47 million for a substation project in Benin.
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
World Bank confirms economic downturn in Sub-Saharan Africa, outlines key polices needed for recovery
Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing the region into its first recession in 25 years, according World Bank's latest regional economic analysis.
The first team of Russia’s state-owned joint stock company Rosgeo arrived in Equatorial Guinea to kick off a historic geological mapping project.
Eos Energy Storage LLC, has announced an expansion of its partnership with Nayo Tropical Technology Ltd., a West African mini-grid engineering, procurement, and construction company.
A senior executive at LG Electronics communicated the company’s intention to expand the company’s presence in the Middle East and Africa HVAC industry.
Starsight, Commercial and Industrial solar power provider in West Africa announced its expansion into Ghana.
LyondellBasell and Sasol announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker.
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting green investments by the private sector to strengthen Morocco’s economic recovery.
Egypt has signed $934 million across eight exploration and research agreements, following a push to attract new entrants to develop its burgeoning gas market.
New analysis shows onshore wind potential across Africa enough to power the entire continent many times over
Developing Africa’s huge onshore wind energy potential can boost its transition to affordable and reliable clean energy. For the first time ever, wind and solar made up the majority of the world’s new power generation in 2019.
World Bank supports improvement of air quality, fight against climate change in Greater Cairo, Egypt
The World Bank approved a $200 million project to support Egypt’s initiatives to reduce air and climate pollution from critical sectors and to increase resilience to air pollution in Greater Cairo.
On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation.
The U.S. Trade and Development Agency (USTDA) expanded its support for Mozambique’s energy sector by funding two projects that will help deliver electricity to thousands of households through wind power and energy storage technology.
The U.S. Trade and Development Agency (USTDA) awarded a grant for a feasibility study to help Lekela Energie Stockage deploy utility-scale battery storage technology in support of its Taiba N’Diaye wind farm, the largest of its kind in Senegal and West Africa.
BW Energy plans to develop an innovative converted jack-up rig system, aiming to exploit the Hibiscus/Ruche discoveries in the Dussafu field offshore Gabon.
General Electric (GE) announced the successful rehabilitation of three 9E.03 gas turbines, at three Niger Delta Power Holding Company’s (NDPHC) Power Plants in Calabar and Sapele, Nigeria.
The South African Photovoltaic Industry Association (SAPVIA) and the South African Wind Energy Association (SAWEA) have come together to launch an innovative programme to drive change and enhance local skills base.
Sasol has become the first raw material supplier to the South African plastics industry to become a signatory of Operation Clean Sweep (OCS).
The U.S. Trade and Development Agency (USTDA) awarded a grant to Darway Coast Nigeria for a feasibility study that will provide reliable electricity for more than 80,000 households and businesses in Nigeria using U.S. minigrid technology.
Greenlight Planet Inc., a provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio.
Four billion people around the world still lack access to clean, efficient, convenient, safe, reliable, and affordable cooking energy, a new World Bank report finds.
The U.S. Department of Energy’s National Nuclear Security Administration (NNSA) is allocating $1 million in funding to the International Atomic Energy Agency (IAEA) to help Egypt enhance radiation therapy for cancer patients.
USAID, Power Africa grant $2.6m in healthcare electrification to solar energy companies in Sub-Saharan Africa
Power Africa, through the USAID, announced grants totaling $2.6 million to solar energy companies to provide reliable, affordable off-grid electricity to nearly 300 healthcare facilities in sub-Saharan Africa.
CDC Group, UK’s development finance institution and impact investor, announced a joint commitment of $90 million in partnership with leading investors, to Greenlight Planet.
Global finance to developing countries in support of clean and renewable energy reached $21.3 billion in 2017, which almost doubles the level from 2010 when international financial flows were at $10 billion.
[Column] NJ Ayuk: Mozambique LNG project could be transformational for Mozambique if western environmentalists don’t interfere
When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20 billion liquified natural gas (LNG) plant in Mozambique, this was major news.
Australian listed oil and gas exploration company Invictus plans to begin drilling Zimbabwe’s first oil and gas wells in the Muzarabani prospect in October next year.
FAO launches Green Cities Initiative to help transform agri-food systems, end hunger and improve nutrition
FAO unveiled its new Green Cities Initiative and Action Plan to help transform agri-food systems, end hunger and improve nutrition in and around the cities in a post COVID-19 era.
PetroNor announced that the company has reached a mutual agreement with the Government of The Gambia to settle its arbitration related to the A1 and A4 licenses.
The World Bank approved $150 million in financing to improve access to modern energy for households, enterprises, and public institutions in Rwanda and to enhance the efficiency of electricity services.
Sapura Energy Berhad, a global integrated oil and gas services and solutions provider, has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
BrightLife, a social enterprise by FINCA International, has announced the appointment of Laurynas Vaičiulis as Chief Executive Officer.
Kenyan Government partners with private sector, development partners to outline roadmap to achieve energy efficiency goals
The Kenyan Government through the Ministry of Energy launched the Kenya National Energy Efficiency and Conservation Strategy, placing Kenya firmly on track toward sustainable consumption and production including renewable energy generation.
The World Bank released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African economies achieve low carbon and climate-resilient outcomes.
Egypt's EnviroTaqa for Sustainable Environmental Services & Renewable Energy signed a partnership and alliance contract with Swiss company Renergon International AG, for the development of biogas projects in Egypt.
AngloGold Ashanti announced that all conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold Mining Company.
Lumos, Africa's solar home system provider, has announced new financing from U.S. International Development Finance Corporation (DFC) to expand its existing market for reliable, accessible and clean solar power in Nigeria.
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
Algeria’s national hydrocarbons company, Sonatrach, signed six contracts worth approximately $521 million with its subsidiaries as well as other Algerian companies within the framework of the development of gas and oil fields in the west of the country.
Natural gas projects in Africa are Key to global energy transition, reducing emissions and powering industrialisation
Natural gas is an integral part of the global energy story accounting for 25% of the global energy that is consumed. With a total proven natural gas resource estimated to be about 600 trillion CFT, the opportunities for natural gas in Africa are enormous.
The Nigerian National Petroleum Corporation (NNPC) has acquired an estimated $1 billion worth of crude oil funding which will be used as a prepayment fund for the upstream operations of the Nigerian Petroleum Development Company (NPDC).
Zenith Energy signed a conditional sale and purchase agreement with CNPC International Tunisia, for the acquisition of working interests in the North Kairouan permit and Sidi El Kilani concession.
In a new move aimed at improving the resilience of Egypt’s power transmission network, Siemens Energy has been selected by the Egyptian Electricity Transmission Company (EETC) to connect Bashaer El Khair City project in Alexandria.
The Ministers’ Council of the Democratic Republic of Congo (DRC) has approved Perenco’s proposition to launch an electricity production project in the country.
Ramform Sovereign has completed a large acquisition project offshore Angola using multisensor GeoStreamer technology.
Kosmos Energy has entered into an agreement with Shell to farm down interests in a portfolio of frontier exploration assets for approximately $100 million, plus future contingent payments of up to $100 million.
Vertiv, Fajoba enter distribution partnership, underline commitment to East African digital development
Vertiv, a global provider of critical digital infrastructure and continuity solutions announced a distribution partnership with the Fajoba Group, a regional IT solutions and hardware leader for East and Central Africa.
Red Eléctrica de España and its Moroccan counterpart Office National De L'electricite Et De L'eau Potable (ONEE) have completed the works to seal the link in the reserve cable of the link between Spain and Morocco.
Woodside Energy has entered into a binding sale and purchase agreement to acquire Cairn Energy's entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.
Chariot Oil & Gas, the Atlantic margins focused energy company, announces that it has completed the reprocessing of 3D seismic data across the Lixus Offshore Licence, Morocco.
Angola’s oil tax revenues rose to 208 billion Angolan Kwanzas in July 2020, reflecting a 3.2% increase from the previous month, according to data released by the Special Taxation Directorate of the General Tax Administration (AGT).
The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu called for a concerted effort towards diversifying the country’s export base through the promotion of non-oil exports.
Kariya Energy to acquire oil and gas assets in Africa, targets producing assets and developing small-scale LNG
North American Kariya Energy announced it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.
Centurion Law Group announced the launch and opening of its lawyers-on-demand service CenturionPlus in Mozambique.
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
The Development Bank of Southern Africa (DBSA) and the Industrial Development Corporation (IDC) have committed project development funding to Mitochondria Energy, a local provider of affordable, reliable and sustainable energy services.
Metier has invested $25 million into Broadreach Energy to support C&I renewable energy projects across sub-Saharan Africa.
The U.S. Trade and Development Agency (USTDA) announced grant funding for a feasibility study to develop Senegal’s first major domestic onshore gas pipeline.
IFC announced a loan to FirstRand Bank to enable increased financial and advisory support to energy-efficient and water-smart projects in South Africa, helping the country meet climate emission and other environmental targets.
Namibia Critical Metals announced it has entered into a drawdown equity financing facility with Alumina Partners (Ontario), an affiliate of New York-based private equity firm Alumina Partners, LLC.
Perth-based FAR announced it will not pre-empt the transaction or object the transfer of Cairn Energy’s working interest in the Rufisque Offshore, Sangomar Offshore, Sangomar Deep Offshore (RSSD) area.
PraxisIFM has been supporting relief efforts in Mauritius following bulk carrier MV Wakashio oil spill, which the Government of Mauritius has declared an environmental emergency.
KenGen Board of Directors, exercising its powers given under Article 94 of the Articles of Association of the Company, has renewed the employment contract for the Managing Director & CEO, Mrs. Rebecca Miano for another three years.
Shearwater GeoServices announced it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania.
By 2021, Burkina Faso seeks to increase electricity access from 20 per cent to 80 per cent, as part of its National Plan for Economic and Social Development.
French major Total and Mozambique’s government signed a security pact to ensure safety of the $20 billion Mozambique LNG project being developed in the Cabo Delgado province, north of the country.
Africa Energy, oil and gas company with exploration assets offshore South Africa and Namibia announced the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%.
Construction works for phase 1 of a 600 MW photovoltaic plant in the Menkao district of Kinshasa, Democratic Republic of Congo (DRC), was launched by H.E. President Felix Tshisekedi.