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May 27, 2019
South Africa’s Carbon Tax Act signed into Law
The first phase will commence from 1 June 2019 to December 2022.
May 6, 2019
Total to acquire Anadarko’s Africa LNG assets
The deal is conditioned to Occidental’s proposed acquisition of Anadarko.
South Africa’s State-owned Oil Company Signs Deal to Explore Highly Prospective Block B2 in South Sudan
South Africa signs an exploration and production sharing agreement (EPSA) with South Sudan for Block B2.
May 3, 2019
Market Report: Aker Energy reviews drilling campaign offshore Ghana
Aker Energy is currently working on a revised plan following feedback from authorities.
May 2, 2019
Energy Policies Key to alleviating poverty in Africa
Strong political will and well-designed energy strategies are crucial for tackling energy challenges.
BP to explore offshore Gambia
The announcement follows the country’s first drilling campaign in 40 years.
April 30, 2019
Stiegler’s Gorge Project Contractor receives $309M advance
Tanzania's government has issued an advanced payment, equivalent to 15 percent of the total project cost.
April 29, 2019
$225 million for West-Africa off-grid electricity
The World Bank has approved financing as part of the Off-Grid Electrification Project.
Exxon increases acreage offshore Namibia
Exxon will add 28,000km2 after signing an agreement with the NAMCOR and the Namibian government.
April 26, 2019
Market Report: Minister appeals for investment into Nigeria
Nigeria appeals for investors to empower four of the nation's refineries.
Kenya oil export potentially delayed
Government is delaying critical decisions, which could stall output.
Maersk Supply awarded FPSO mooring project in Equatorial Guinea
Service companies welcomed by government to explore opportunities available in the Gulf of Guinea.
April 25, 2019
Tanzania focused on increasing energy capacity by 2025
The country has implemented various projects to ramp up its power generation efforts.
Far confident on SNE development
FID is expected by the end of Q3 2019 with first oil is expected by 2022.
April 24, 2019
Sonangol committed to increase investment into Angola’s oil and gas sector
The National Oil Company is downsizing to focus on its core business.
Algerian interim President appoints new Sonatrach CEO
The replacement raises concern among investors looking to enter the country’s oil and gas sector.
April 23, 2019
Market Report: Gas production fuels developments within industry
A steady supply in developments and agreements made, to improve production.
April 19, 2019
Black & Veatch to proceed with FLNG conversion on Grand Tortue
Operator BP awarded full notice to proceed.
April 17, 2019
Standard Bank withdraws funding of new coal IPPs in South Africa
The bank follows Nedbank and First Rand Bank in its withdrawal.
Acumen closes $70 million off-grid energy fund for East Africa
KawiSafi Ventures aims to address energy poverty and climate change.
April 16, 2019
Tanzania, Uganda partner on oil exploration
The partnership will see various exploration activities throughout Tanzania.
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