DMEA - Downstream Middle East & Africa

Eni’s proposal for another FLNG offshore Mozambique

Eni's suggestion for a new FLNG offshore Mozambique appears to be aimed at jump-starting Rovuma LNG in order to take advantage of soaring demand for gas in Europe.

Dubai-based ENOC denies reports of talks with Ghana on accepting gold in payment for fuel

Emirates National Oil Co. (ENOC) has denied reports that it is in talks with Ghana on supplying refined fuels to the West African state in exchange for payment in gold.

ADNOC growth strategy approved, new targets set

Kenyan insurer withdraws from EACOP consortium, citing concerns about IFC criteria

Nairobi-listed Britam Holdings has withdrawn from a consortium of East African insurers providing coverage for the EACOP oil pipeline and related upstream projects.

Head of Sonangol comments on timeline for IPO

Angola’s national oil company (NOC) Sonangol will only move ahead with an initial public offering (IPO) of 30% of its stock after meeting certain milestones over the next five years.

DMEA: Israel eyes new gas export route to Europe

NewMed Energy (Israel) has indicated that it does not want Egypt’s LNG plants to be the sole export outlet for natural gas from the Leviathan field.

New route to Europe for Israeli natural gas

While the short-term path to European gas markets continues to run through Egypt, NewMed appears to be leaning towards a plan for the installation of an FLNG unit at the Leviathan field.