Africa | Egypt Oil & Gas - Part 17
China to Invest in Nigeria’s Oil, Gas
Nigeria expects to get as much as $4b in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end of October
Mozambique Awarded Seismic Contracts
Mozambique’s oil industry regulator, the Instituto Nacional de Petroleos (INP) awarded six contracts to companies to provide geophysical and geological data for oil and gas exploration blocks on and offshore Mozambique.
South Africa to Invest $3.7b in Gas-to-Power
South Africa will invest $3.7b at the ports of Richards Bay and Coega to build infrastructure for a gas-to-power program aimed at easing the country’s dependence on coal.
GNPC Received $500m LOC for Sankofa Gas
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field.
Total to Build LNG Terminal in Ivory Coast
Ivory Coast signed a partnership agreement to create a consortium headed by France's Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by mid-2018.
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.
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.
