Africa

Total Signs $14.9 Billion in Financing for Huge Mozambique LNG Project

French oil major Total has signed a financing deal worth nearly $15 billion for its massive LNG project in Mozambique.

Nigeria Will Boost Compliance with OPEC+ Cuts — SPA

In a call with Suadi Arabia's oil minister, his Nigerian counterpart confirmed that his country would comply 100% with the agreed-upon OPEC+ production cuts and will compensate for their overproduction in May and June.

Sasol to Sell Stakes in Mozambique Pipeline, Power Plant — Sources

According to two sources, Sasol is looking to sell its stakes in a Mozambique pipeline as well as a power plant in the country.

Mozambique Government Offers $2.25 Billion Funding Guarantee to LNG Project, Says Report

The Mozambique government has offered a $2.25 billion funding guarantee to partners in the Mozambique LNG project being led by French energy giant Total.

Exxon Restores Guyana Crude Output After Fixing Gas Compressor

ExxonMobil has restored production at its Guyana oil field after fixing issues with gas reinjection equipment at the site.

Exxon Cuts Guyana Crude Output to Avoid Flaring — Regulator

Due to problems with gas reinjection equipment at its Guyana oil field, Exxon Mobil has cut back production at the site in order to avoid breaching an agreement with authorities over gas flaring.

Nigeria Oil Bill Delayed by COVID-19 Says NNPC Boss

The head of Nigeria's state-owned oil company says the country's long-awaited oil bill has been delayed by COVID-19 but will still pass before the end of the year.

Pipelines Critical to Equatorial Guinea’s Ambitious Gas Plan

By Shem Oirere, Energy Writer The coronavirus (COVID-19) outbreak is expected to have far-reaching implications on Africa’s oil and gas projects, many of them that had already been billed as next drivers of growth for the region’s hydrocarbons pipeline sector.  ..

Libya's Sharara Oilfield Declares Force Majeure After New Shutdown

Days after Libya's Sharara oilfield had resumed production, armed militants forced production to halt again causing the country's National Oil Corporation (NOC) to declare force majeure.

Libyan Oil Pipeline, Oilfields Reopen After Months of Blockade

Libya has restarted one of its oil pipelines and production at two of its major oil fields after months of blockade due to the ongoing conflict in the country.

Eni, Sonatrach Complete Algerian Gas Pipeline

Eni completed construction on the gas pipeline connecting Bir Rebaa Nord (BRN) and Menzel Ledjmet Est (MLE) fields in the Berkine Basin, in southeastern Algeria. The 16-inch, 115-miles (185-km) pipeline has with a transport capacity of 7 MMscm/d of gas.

Sonatrach Fills Algerian GR7 Gas Pipeline

Algerian oil and gas company SONATRACH has successfully filled its GR7 gas pipeline.

Trump Says He Will Enter Saudi-Russia Oil Fray at Appropriate Time

President Trump has said he will get involved in the oil price war between Russia and Saudi Arabia at the 'appropriate time.'

Lagos Gas Explosion Kills 15, Destroys Buildings — Nigerian Officials

An explosion at a gas processing plant on Sunday killed at least 15 people and destroyed about 50 buildings after a fire broke out in a suburb of Lagos, Nigeria's commercial capital, emergency services said.

Nigeria to Back $2.59 Billion AKK Gas Pipeline with Sovereign Guarantee

Nigeria will issue a sovereign guarantee to back the bulk of a gas pipeline that is a core part of the government's energy strategy, Finance Minister Zainab Ahmed said on Wednesday.

Blast Shuts Eni Owned Nigerian Oil Pipeline — Officials

An oil pipeline explosion in Nigeria forced the local subsidiary of Italian oil major Eni to close a pipeline feeding the Brass oil export terminal, ENI and a security official said.

Nigeria Launches Regulations to Encourage Gas Use — Oil Minister

Nigeria has launched new regulations covering gas transportation which it hopes will expand use of the fuel and encourage private investment in pipelines, Minister of State for Petroleum Timipre Sylva said on Monday.

Emerging Offshore Pipeline Market in Southern Africa

The increasing exploration for and discovery of oil and gas reserves offshore Africa has raised prospects of growth of the continent’s offshore pipelines market.

Egyptian Gas Pipeline Attacked, Imports from Israel Unaffected

Armed men attacked a gas pipeline in the north of Egypt's Sinai Peninsula late on Sunday, security sources and witnesses said, but gas imports through North Sinai from Israel were unaffected.

Shell Nigerian Unit Lifts Force Majeure on Bonny Light Crude Exports

Royal Dutch Shell’s Nigerian subsidiary SPDC lifted a force majeure on Bonny Light crude oil exports at 0800 GMT on Friday, a spokesman said.

Total, Tullow Launch Joint Sale of Stakes in Kenyan Oil Project - Sources

Total and Tullow Oil aim to reduce their stakes in Kenya's first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project's launch, banking and industry sources said.

Libya Pipeline Closure Warrants Force Majeure

Military forces loyal to Khalifa Haftar closed a pipeline in Libya on Sunday, potentially reducing national output to a fraction of its normal level, the National Oil Corporation (NOC) said.

Pipeline Fire Kills Three in Lagos

A fire on a pipeline owned by Nigeria’s state oil company in the commercial capital Lagos killed three people on Sunday, a Reuters witness said.

Niger Looks to Step Up Oil Production with Pipeline to Coast

Niger began construction on a $7 billion oil pipeline that will reach the coast through West African neighbor Benin. The 1,232-mile (1,982-km) pipeline is Niger’s most important project since gaining independence.

Billion-Dollar LNG Project in Southern Mozambique Expected in 2020

A final investment decision on a $3.15 billion LNG project near Mozambique’s capital will be taken around the middle of 2020, France’s Total and its partners in the project said after signing an agreement to develop the project.

Israel Starts Exporting Gas to Egypt under Landmark Deal

Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decades ago.

Launch of ACFTA and Africa’s Pipeline Industry

The African Continental Free Trade Area (ACFTA), was launched to serve as a catalyst for the manufacturing and trade in pipeline industry-related products to support regional demand and encourage growth.

Leviathan Gas Field to Start Up Monday; Court Lifts Injunction

Israel's energy ministry gave its final approval for the start of production at the giant Leviathan gas field and said the wells will open early on Monday after a court lifted a temporary injunction granted over environmental concerns.

Energy Firms Fight Surprise Court Order Blocking Leviathan Gas Output

Companies developing the huge natural gas field Leviathan will try to convince an Israeli court to remove an injunction that threatens to delay production due to environmental concerns.

Israel Signs Egypt Gas Permit, Becomes Major Energy Exporter

Israel became a major energy exporter for the first time on Monday after signing a permit to export natural gas to Egypt. The announcement comes just days before a lucrative Israeli gas field in the Mediterranean Sea is expected to go online.

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