African News

Somalia’s Federal Government to receive lion’s share of oil revenue in new deal

May 20, 2019

The Lower House of Parliament has approved the national resource sharing deal that has apportioned the proceeds each party is entitled to in the sale of oil. Under the new deal, the Federal government will have 55% share, oil producing region 25%, oil producing district 10, non-oil producing state 10%. Measure goes to Upper House.…

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SDX Energy provides Morocco operations update

May 20, 2019

SDX Energy saw an increase in gas sales out of Morocco, with production remaining stable during Q1. The company’s Moroccan acreage, in which it holds 75% interest, consists of five concessions, all of which are located in the Gharb Basin in northern Morocco: Sebou, Lalla Mimouna Nord, Gharb Centre, Lalla Mimouna Sud, and Moulay Bouchta…

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Orange selects ENGIE for the operation and maintenance of data center in Ivory Coast

May 20, 2019

ENGIE (www.Engie-Africa.com) has been selected for the operation and maintenance of the Orange Services Group’s data center in Abidjan, for a five-year contract that will start early June 2019. This datacenter of the latest generation, built by the Orange Service Group (GOS), is one of the few datacenters existing in West Africa complying with the…

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Wentworth Resources provides Tanzania and Mozambique operational updates

May 19, 2019

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company, is pleased to announce the following updates. Corporate Further to the announcement of the Company’s results for the year ended 31 December 2018 on 24 April 2019, Wentworth confirms that the Annual Report and Financial Statements for the year ended 31 December…

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Angolan crude exports to edge up in July

May 19, 2019

Angola’s preliminary loading programme for July emerged on Thursday, indicating a rise of one cargo compared to June, for which a few cargoes still remain. High price offers are expected, given global tightness in physical markets and a broad gap in heavier grades. July exports are set to be 44 cargoes, a recovery to just…

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Libya’s Sirte Oil Company increases flows at Istiklal oilfield

May 17, 2019

NOC unit, Sirte Oil Company (SOC), completed successful development drilling of well FF03-6 of the Gargaf gas formation within the Istiklal oilfield. The activities of SOC were fully supported by the state-run firm as part of its drive to increase and maintain production and ensure regular gas supply to coastal region power plants. The testing…

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NLA, NABCO train 36 personnel on assembling solar powered e-kiosks in Ghana

May 17, 2019

The National Lottery Authority (NLA) in collaboration with the Nation Builders Corps (NABCO) Secretariat and some experts from abroad have trained 36 NABCO personnel on technology transfer and assembling procedures for the solar-powered E-Kiosks. The e-kiosk concept is a private sector initiative in partnership with the NLA which seeks to offer lottery products to the…

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Greenpeace Africa welcomes SA Minister’s rooftop solar decision

May 17, 2019

Media reported Wednesday that Energy Minister Jeff Radebe, has written a letter to NERSA informing the regulator that it can consider granting licences to small-scale embedded generation (SSEG) projects with a combined capacity of 500 MW, without the developer having to seek permission from the Minister for a deviation from the Integrated Resource Plan (IRP)[1]. In response,  Happy…

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Eni and Sonatrach extend gas supply contract till 2027

May 17, 2019

Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas into Italy until 2027 (plus two further optional years) also defining the transportation arrangements through the pipeline crossing the Mediterranean Sea. These agreements follow in the steps of a partnership on gas supply and transportation that was established more than 40 years…

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Maersk Drilling’s rig fleet busy with more African work, others

May 16, 2019

Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller. In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of the year as well as after the end…

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