Africa | Egypt Oil & Gas - Part 16
Nigeria Saved $336m in Revoked Oil Swaps
The Nigerian National Petroleum Corporation (NNPC) has saved the country $336.4m between April and July of 2016 by stoping the controversial contract for petroleum product import called crude oil swap, Daily Trust rep...
Tanzania to Build Gas Plant by 2025
Tanzania has revealed plans to commission a plant by 2025 to process as much as 11.1tcf of gas, Bloomberg reported. The East African country has at least 57tcf of natural gas reserves and plans to export at least 3.1t...
Nigeria to Promote Sustainable Energy
The Nigerian federal government sets out plans for the energy sector’s generation capacity to be met through traditional and renewable energy resources, ESI Africa. The Sustainable Energy for All- Agenda (SE4ALL...
GOC Signed First Oil Production Contract
State oil firm, Gabon Oil Company (GOC), has signed its first oil production contract with the acquisition of the Mboumba field, Ecofin Agency reported. GOC was created by decree in 2011 and has until now mostly been ...
Zimbabwe to Invest in Biogas
Zimbabwe is seeking an investor for the establishment of a waste energy plant at Pomona landfill as the city looks to generate energy through extraction of landfill biogas, The Herald reported. It is reported that the...
Tullow Declared Force Majeure in Ghana
UK’s Tullow declared force majeure on Seadrill contract for the West Leo rig contract. Tullow sent the notice in early October, claiming the field for which the rig has been hired, is subject to a drilling moratorium ...
Nigeria to Start Output from Otakikpo Oil Field
Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field, located in Oil Mining Lease (OML) 11 in Rivers State during October, following the completion of the Otakikp...
Uganda to License 3 Oil Blocks
The Ugandan government is considering a new licensing round for three oil blocks in the Albertine Graben. The three blocks includes the Taitai & Karuka oil block, Mvule oil block in Moyo/Yumbe and the Ngaji block ...
