South African banks opt out of EACOP financing
Four of South Africa’s five major banks have said they will not support the East African Crude Oil Pipeline (EACOP), in Uganda and Tanzania.
Pipelines
FID at last for $10bn Lake Albert project
TotalEnergies and CNOOC Ltd have taken the final investment decision (FID) on Uganda’s Lake Albert development, finally triggering the start of work on the 240,000 barrel per day project.
Heirs Holdings issues OML 17 tender
Heirs Holdings has launched a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in Nigeria.
Libya restores production ahead of schedule
Waha Oil has completed maintenance on a pipeline section faster than expected, returning 200,000 barrels per day of production to Libya’s output.
Ex-Seplat exec launches rival bid for Exxon assets
Former Seplat Energy executive Austin Avuru appears to be clashing with his old company in the pursuit of ExxonMobil’s mature onshore Nigerian assets.
Libya cuts another 200,000 bpd for pipeline work
Libya has shut in an additional 200,000 barrels per day of production in the face of required maintenance, following the loss of around 300,000 bpd two weeks ago.
Sound beats deadline to seal LNG sales agreement
Sound Energy has hit all the targets it required to make its LNG gas sales agreement unconditional.
As EACOP FID looms, French court knocks TotalEnergies back
A French court has found against TotalEnergies in a case on the “duty of vigilance” law, with environmental NGOs claiming this as a victory.
Pressure mounts on Sound to reach Morocco FID
Sound Energy has struck a second gas sales agreement in Morocco with the local power utility.
Savannah begins Afam gas sales
Savannah Energy has begun gas sales to a power plant in Rivers State, Nigeria, via its Accugas subsidiary.
Algeria stoppage piles pressure on Spain, Morocco
Sonatrach has officially ended its gas supply contract to Morocco, following a diplomatic spat from earlier in the year.
EACOP lines up pipe suppliers
Uganda’s oil plans are starting to come together, with contracts nearing on the current project and with more to come.
Sasol, CEF team up on South Africa gas imports plan
Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MoU) on accelerating gas developments in South Africa.
Algeria cuts Morocco relations as pipeline talks loom
Algeria has broken off diplomatic relations with Morocco, in the latest flare up of tensions between the two North African states.
Libya’s Gialo-Waha link springs a leak
Libya’s National Oil Corp. (NOC) detected a leak on a pipeline, cutting production from the Gialo field by 60,000-70,000 barrels per day.
Kyari insists AKK pipeline project on track, despite China concerns
Nigeria will deliver the Ajaokuta-Kaduna-Kano (AKK) gas pipeline on schedule, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has insisted.
AXA opts out of role in TotalEnergies’ EACOP
AXA will not support TotalEnergies’ East African Crude Oil Pipeline (EACOP), the insurer told the StopEACOP alliance.
Bluewater wins Benin export work
Bluewater Energy Services has won work to provide an export system offshore Benin, the end point of a pipeline running from Niger.
Pressure mounts on EACOP insurers amid carbon push
Groups opposing TotalEnergies’ plan for an East African pipeline have called on insurance and reinsurance brokers to steer clear.
Tanzania signs EACOP HGA, as Kenya launches Lamu
Uganda and Tanzania have taken another step toward construction of a major oil export pipeline, while port operations begin in Kenya.
Niger-Benin pipeline ceremony due May 20
Benin plans to officially begin work on a crude oil export pipeline on May 20.
Sasol sells Rompco stake to Reatile, AIIM
South Africa’s Reatile Group and African Infrastructure Investment Managers (AIIM) have teamed up to buy a 30% stake in Sasol’s Mozambique pipeline.
Algeria launches new Medgaz tie in
Algerian Minister of Energy and Mines Mohamed Arkab has inaugurated the EGPDF pipeline, which links in to the Medgaz pipeline.
Macron says “count on me” for EACOP support
French President Emmanuel Macron has spoken of his support for the East African Crude Oil Pipeline (EACOP).
Angola, Zambia strike pipeline study deal
Angola and Zambia have signed a memorandum of understanding (MoU) on the construction of pipelines between Lobito and Lusaka.