AfrOil - Africa Oil & Gas

Globeleq secures $250mn in debt funding for Temane gas-to-power project

UK-based Globeleq and its partners in Central Termica de Temane (CTT) have secured up to $250mn worth of debt funding for a scheme that will use domestically produced natural gas to generate electricity.

Kosmos Energy finalises sale of African, South American assets to Shell

US-based Kosmos Energy has finalised a farm-down deal involving assets in Africa and South America with Royal Dutch Shell (UK/Netherlands).

NRG: Brent soars to nine-month high

MODEC signs operations and maintenance contract for Sangomar FPSO

Japan’s MODEC has signed a contract with Australia’s Woodside Energy for the operation and maintenance of a floating production, storage and off-loading unit that will be installed at RSSD, an oil-bearing block offshore Senegal.

Transit fees from Chad-Cameroon oil pipeline up 2.5% in 10M-2020

Cameroon’s Pipeline Steering and Monitoring Committee (PSMC) said last week that it had seen earnings from crude oil shipments through the Chad-Cameroon pipeline rise slightly in the first 10 months of the year.

Invictus urged to sponsor job creation, infrastructure projects in Zimbabwe

Tribal leaders in the Muzarabani district of Zimbabwe’s northern Mashonaland Central Province have urged Australia’s Invictus Energy to sponsor local job creation and infrastructure initiatives as it explores the Special Grant 4571 block.

Nigeria needs to capitalise more on gas wealth: NLNG

NNPC opens tender for fuel supplies

OVL’s mixed upstream fortunes

India’s state-run ONGC Videsh Ltd (OVL) has had something of a mixed week, with good news onshore Colombia being offset by a missed acquisition opportunity in Senegal’s deep waters.