Toyota Tsusho moves into detailed blue ammonia Egypt plan
Japan’s Toyota Tsusho has returned to Egypt to share initial results of a blue ammonia study, holding talks with the government on future production.
Egypt
Capricorn investor slates Tullow merger plan
An investor in Capricorn Energy has expressed its opposition to the company’s merger plan, describing it as one sided in favour of Tullow Oil.
Fuelling Africa’s green transition
Recent world events have shone light on the vital role that energy plays in societies throughout the world. Whilst western powers are dealing with what is rapidly turning out to be one of the worst energy crises ever experienced, poorer nations across the world are increasingly suffering the detrimental costs of climate change, the consequence of the exploitation of fossil fuels and unsustainable industrial practices.
Apache celebrates flare-to-power in Western Desert
Apache is scaling up drilling in Egypt but at the same time is working to tackle flaring, through a new gas-to-site power model.
Going, going, gone: Mainstream, Actis strike Lekela sale deal
Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).
SDX deal on the rocks amid shareholder opposition
SDX Energy faces opposition in its plans to sell itself to Canada’s Tenaz Energy, with Aleph Commodities voicing its disapproval.
Vaalco, TransGlobe set out merger plan
Vaalco Energy (LON:EGY) has set out a plan to acquire TransGlobe Energy (LON:TGL) in an all-stock merger, valuing the latter at $307 million.
BP moves to the front foot in Egypt around gas plans
BP has awarded a new seismic imaging programme to CGG in Egypt. The award comes shortly after the supermajor won more exploration acreage in the country.
Capricorn boss defends Tullow merger plans
Capricorn Energy head Simon Thomson has defended the company’s merger with Tullow Oil in an interview with the Sunday Times.
Petrojet, Taqa sign deals on Equatorial Guinea work
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
SDX agrees sale to Canada’s Tenaz
SDX Energy has struck a deal to sell itself to Canadian-listed Tenaz Energy for £21.4 million in an all-share offer.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
Apex boosts production 50% with Fajr well
Apex International Energy has tested its Fajr-8 development well at 2,440 barrels per day of oil in Egypt’s Western Desert.
Masdar cements UAE hydrogen position in Egypt
Masdar has signed up to develop green hydrogen in the Suez Canal economic zone. This follows a number of similar agreements from United Arab Emirates-based companies with Egypt.
Eni brings on more at Meleiha
Eni has announced a trio of discoveries in Egypt’s Western Desert, shortly after agreeing to expand gas supplies to Europe from the North African state.
Eni signs up Egypt gas flows following Algerian commitment
Eni has signed a deal to secure more gas flows for Italy from Egypt, just two days after striking a similar agreement with Algeria.
Descalzi moves on to Algeria in gas hunt
Eni CEO Claudio Descalzi has continued his progression around North Africa, holding talks with top Algerian officials on April 3.
Eni boss talks gas with Egyptian president
Eni CEO Claudio Descalzi has held talks today with Egyptian President Abdel Fattah al-Sisi around gas and exports.
QatarEnergy strikes Egypt deal with Exxon
QatarEnergy (QE) has taken a stake in ExxonMobil’s North Marakia Offshore block, in Egypt.
Energean sees landmark 2022 with Karish, dividends starting
Energean almost doubled its adjusted EBITDAX in 2021, from 2020, and expects first gas from its Karish project in the third quarter of this year.
Eni flags Africa and gas growth to tackle demand crunch
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.
SDX presses on with aggressive Egyptian drilling plans
SDX Energy has begun producing at the MSD-25 well in Egypt, shortly after drilling the well.
Petrofac wins green ammonia study in Egypt
Petrofac has won work on an early stage study to assess the feasibility for a green hydrogen to ammonia facility in Egypt.
Scatec signs up to mammoth green ammonia plan in Egypt
Norway’s Scatec has signed a memorandum of understanding (MoU) for a green hydrogen and ammonia plant in Egypt.
El Molla touts Egyptian energy potential in US talks
Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has held high-level talks with Chevron, and various other US luminaries, at CERAWeek.