South Sudan needs investment from the energy industry in the form of money and technology if the country is to rebuild and stabilize itself. That was the point that Nj Ayuk, Executive Chairman of the African Energy Chamberand CEO of the Centurion Law Group, made in a keynote at the…
Exxonmobil is offering to build Israel a floating LNG gas-ship to export from the Leviathan gasfield and thus bypass Egypt’s planned LNG export facility. An Exxonmobil representative told various financial media that the company is still considering its options. Other sources cautioned that it is entirely likely no agreement…
Turkey’s Botas issued a tender to purchase 70 cargoes of LNG (liquefied natural gas) for delivery over 2020-2023, two days after the US lifted sanctions. The US imposed sanctions earlier in October in response to Turkey’s military offensive in northern Syria. The LNG tender will close on Nov. 8. Heavily dependent…
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located on the China Sea Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order…
Czech Metrans Rail will operate a weekly China-Slovakia freight train crossing Ukraine in November, cutting 520 km off the usual Belarus-Poland route. In late September, Metrans Rail, a private Czech company, ran a 44-container train from Xi’an, China to Danube-Streda, Slovakia. The experiment proved the efficiency and cost savings of…
Rosgeo plans to run airbourne geophysical surveys in Equatorial Guinea. Joint Stock Company Rosgeo and the Ministry of Mines and Hydrocarbons of the Republic of Equatorial Guinea signed a Memorandum of Understanding during the Russia-Africa Summit in Sochi on October 23. In accordance with the signed document, the parties…
Analysis contributed by the African Energy Chamber Deal-making will shape the future of Russia-Africa relations and will tell whether Russia’s renewed influence in the continent is good or bad for its people. Russia’s return to Africa has been the subject of wide media coverage, governmental concerns and civil society reactions in…
The government of Uganda through the Ministry of Energy and Mineral Development Uganda plans tenders on new blocks in the country’s second licensing round, according to Petroleum Africa magazine. The round includes five blocks in the Albertine Graben. These blocks are the Avivi, the Omuka, Kasuruban, Turaco, and…
BRIC bank loans of $300 million will target Russian renewable energy projects in the Far East. The loans will finance projects in wind, solar, and small hydropower energy generation technologies. Russia is increasingly targeting its Far Eastern regions as it intensifies its strategic policy goals in Asia. Owned…
ENI and Total will explore Caspian oil and gas blocks in offshore Kazakhstan, targeting Abay and Kashagan, plus onshore Karachaganak and Dunga. ENI is focused on exploration offshore in Kazakhstan while Total works onshore. Kazakhstan’s state-owned KazMunayGas and Eni Isatay, a subsidiary of the Italian energy company Eni, plan to…