Total’s CEO Patrick Pouyanne said Monday Angola’s newly elected President João Lourenço and recently appointed chairman of Sonangol, Carlos Saturnino, have shown “strong willingness” to drive an investment environment in the Angolan oil and gas industry.
Independent oil and gas producer Hess announced it has completed the previously announced $650 million sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy, effective Jan. 1, 2017, Kallanish Energy reports.
Angolan President João Lourenço has appointed a new chairman for the country’s oil and gas company, Sonangol, in what’s claimed to be his push to end corruption in Angola, Kallanish Energy reports.
Egypt will hold a new liquefied natural gas (LNG) tender in early 2018 to cover demand for the second-quarter of the year, but plans to stop imports by year-end, the oil minister said this week, Kallanish Energy learns.
Royal Dutch Shell has completed the sale of its Gabon onshore interests to Assala Energy, a portfolio company of The Carlyle Group, for a total of $628 million including amount equivalent to interest, the oil major said on Wednesday.
Russian and Nigeria have signed agreements to build and operate a nuclear power plant and a research centre in the West African country, Russia’s state-owned nuclear developer Rosatom said on Monday.
South Africa remains committed to shale gas exploration, despite this week’s court order revoking fracking regulations, and considers to appeal the ruling, the country’s mineral resources minister said on Thursday.
Spanish conglomerate ACCIONA has signed power purchase agreements (PPAs) for three solar photovoltaic (PV) plants it will build in Egypt, in partnership with a renewable energy platform of Saudi Arabia’s Swicorp – ENARA.