Opportunity in Africa’s LNG, if Europe gets serious on supply
Africa could build 120 million tonnes per year of LNG capacity, the International Gas Union (IGU) has said, but development remains slow.
Mozambique
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Updated: Italy ties up gas plans with Angola, Congo Brazzaville
Italy has secured a deal to increase gas supplies from Angola, following high level talks between Italian Minister of Foreign Affairs Luigi di Maio and Angolan President João Lourenço.
Challenging policy on climate change grounds
In a recent judicial review decision, two judges in an English court considered an application by Friends of the Earth (FoE) to quash UK Export Finance’s (UKEF) decision to provide export finance to the Mozambique LNG Project.
Saipem wins $150mn Coral Sul maintenance contract
Eni has awarded a maintenance contract on its Coral Sul floating LNG (FLNG) facility off Mozambique to Saipem.
Mozambique pre-qualifies 12 companies for 6th bid round
Instituto Nacional de Petroleo (INP) has approved 12 of the 13 companies for pre-qualification in its sixth licence round.
Mozambique president launches Temane project
Mozambique President Filipe Nyusi has ceremonially laid the first stone for the Temane project.
Mozambique names sixth bid round competitors
Mozambique has closed the pre-qualification section of its sixth bidding round with 13 companies submitting documents.
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.
South Africa’s DMRE flies the flag for hydrocarbons
South Africa has made clear it is not moving away from hydrocarbons in the near term, talking up exploration plans and gas imports, in addition to scope for new coal generation.
Mozambique regulator head bumped up to minister spot
Mozambique President Filipe Nyusi has reshuffled the cabinet, moving Max Tonela from the energy ministry to act as the Minister of Economy and Finance.
As Europe reconsiders energy security, LNG is set for the limelight
It is unlikely that Europe will agree to cutting gas flows from Russia, but the invasion of Ukraine has had a clear impact on security of supply considerations.
Mozambique offers “advantaged barrels” in exploration round
Mozambique’s sixth bid round is under way and potential bidders have until the end of February to pre-qualify.
Coral Sul FLNG arrives on site in Mozambique
The Coral Sul floating LNG (FLNG) vessel has arrived at Area 4, offshore Mozambique, with the aim of starting production in the second half of 2022.
Security improves in northern Mozambique but tests are ahead
The military intervention in northern Mozambique has seen some successes, but with the recent death of a South African soldier and talk of the insurgency shifting, it is far from over.
South Africa opens up Gas Master Plan
South Africa sees it as “imperative” to add more gas suppliers, in order to help develop the local sector.
UK drops red list travel rules for African states
The UK has removed all 11 countries from the red list in the face of international pressure.
Sasol, Globeleq close financing on Temane power plan
Sasol and Globeleq have reached financial close on the gas-fired Central Termica de Temane (CTT) power project in Mozambique.
High Court challenge to Mozambique LNG funding begins
A case has begun this morning in the High Court as Friends of the Earth (FoE) challenges the UK government’s support for Mozambique LNG.
Mozambique launches sixth licence round
Mozambique has launched its sixth licensing round in an online and in person event, which will run until August 31, 2022.
Coral Sul sets off for Mozambique
The Coral Sul floating LNG (FLNG) vessel left Samsung Heavy Industries (SHI) shipyard this morning on its way to Mozambique.
Eni’s offshore workers dodge tax in Mozambique, NGO alleges
A Mozambique NGO has accused Eni of evading taxes and local content responsibilities through its use of foreign contractors at the Coral Sul floating LNG (FLNG) project.
Sasol’s plans slated as “risky, expensive and potentially unfeasible”
Petrochemical giant Sasol has come under fire for its emission reduction plans, particularly around its reliance on new technologies and resources to deliver the needed gains.