News / International

BP to Buy LNG from Mozambique’s Area 4

BP has agreed to a 20-year deal with Eni to buy liquefied natural gas (LNG) from a big new field off the coast of Mozambique.

Engie to Build 1504MW Power Plant in Saudi Arabia

Saudi Electricity Company (SEC) awarded a contract to French utility company Engie to build a 1,504MW Fadhili power plant at a cost of $1.2b.

Tanzania, Congo to Jointly Explore Lake Tanganyika

Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding for joint exploration and development of hydrocarbons in Lake Tanganyika.

RTE to Assist Cameroon’s New Power Firm

French electricity grid operator RTE, together with PwC and French infrastructure consulting firm Nodalis, has been chosen to help get Cameroon's new power grid company operational.

Iran Signed First IPC Deal Worth $2.5b

Iran signed a $2.5b contract with Persia Oil & Gas Industry Development Company to develop the second phase of Yaran field and improve oil recovery for Koupal field.

Abu Dhabi to Combine Offshore Operations

Abu Dhabi National Oil Company is combining its two largest offshore ventures, the Zakum Development Company (Zadco) and the Abu Dhabi Marine Operating Company (Adma-Opco).

Israel, Greek Cyprus Talked Gas Delivery to Europe

Greek Cyprus and Israel discuss ways to channel east Mediterranean gas to Europe via a Greek pipeline.

Turkey to Seek $1b in Renewable Power Funds

Turkey plans to solicit bids for renewable energy plants potentially worth at least $1b in investment during November or December.

Egbin to Add 450MW to Tanzania’s Power Grid

Nigerian Energy company, Egbin Power Plc, is expanding in Tanzania with the construction of natural gas-fired power plants in Dar es Salaam, at $630m investments. The company will setup two facilities, each with a capacity of 450MW.

Swala Oil to Buy Stake in Burundi’s Oil Field

Tanzania’s Swala Oil and Gas Plc has agreed to purchase Surestream Petroleum Limited subsidiary.

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