Submitted by oilgasafrica on Sun, 2015-06-07 23:00
A consortium led by global wind and solar company Mainstream Renewable Power was today awarded Preferred Bidder status by the Department of Energy in South Africa for two large-scale wind energy projects with a total generation capacity of 250 megawatts. The award was made under the fourth round of the South African Government's Renewable Energy Procurement Programme and the two wind farms represent an investment of approximately USD469 million. The date for financial close has not yet been released by the Department of Energy.
Submitted by oilgasafrica on Sun, 2015-06-07 23:00
American Capital Energy & Infrastructure ("ACEI") announced today a commitment to invest in Senegal's first industrial-scale wind power project and the largest wind farm planned in West Africa. The project will help the country reduce its reliance on high-cost oil-fired power generation. The total capital cost of this facility is estimated at €305 million, with ACEI anticipating to provide an estimated €76 million of equity and the remainder expected from senior and mezzanine lenders.
Submitted by oilgasafrica on Sun, 2015-06-07 23:00
SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced it has been awarded an additional five solar photovoltaic projects in South Africa, totaling 371 megawatts (MW) DC. This award stems from the extended capacity announcement for the fourth bid round of the Renewable Energy IPP Procurement (REIPPP) Programme organized by South Africa's Department of Energy (DOE), in which SunEdison previously announced that it had been awarded an 86 MW solar project. In total, SunEdison has won 457 MW across six solar power projects in South Africa's fourth round of the REIPPP Programme.
Submitted by oilgasafrica on Sun, 2015-06-07 23:00
Sasol today announced that its President and CEO, David Constable, has decided not to extend his contract of employment with the Company, which expires on 31 May 2016, for a further term beyond 30 June 2016, being the end of the Company's next financial year.
Submitted by oilgasafrica on Tue, 2015-06-02 21:42
Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX VENTURE:XOP) (LSE:COPL); along with its partner, ExxonMobil, remain committed to completing their work program and obligations under the LB-13 amended and restated Production Sharing Contract ("PSC") dated March 31, 2013. NOCAL and ExxonMobil, the operator, continue to meet regularly to discuss operations, Community and Social Responsibility activities and the fulfillment of the LB-13 work program, which has been affected by the Ebola Crisis.
Submitted by oilgasafrica on Tue, 2015-06-02 14:12
Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was
Submitted by oilgasafrica on Mon, 2015-06-01 23:00
Phase I of Sasol's Fischer-Tropsch Wax Expansion Project (FTWEP) has been successfully commissioned at its Sasolburg Operations in South Africa.
Submitted by oilgasafrica on Mon, 2015-06-01 23:00
The newly established African Natural Resources Center (ANRC), African Development Bank (AfDB) Group, has launched an online consultation to seek comments from all stakeholders on its draft strategy for 2015-2020.
Submitted by oilgasafrica on Sun, 2015-05-31 23:00
Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce that drilling operations have commenced on the Zingana exploration well on the Bomono Permit, onshore Cameroon.
Submitted by oilgasafrica on Wed, 2015-05-27 23:00
Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, provides an update on the status of Block-2B, onshore Kenya.
Submitted by oilgasafrica on Tue, 2015-05-26 23:00
APR Energy (LSE: APR) announced today that it has signed a contract with the Botswana Power Corporation (BPC), the national electric utility, to provide 35MW of new power generation for a two-year term.
Submitted by oilgasafrica on Tue, 2015-05-26 23:00
Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshore Block 17 located 150 km off the coast of Angola. With the recent start up of CLOV, Block 17 has become Total’s most prolific site with production of over 700,000 barrels per day.
Submitted by oilgasafrica on Mon, 2015-05-25 23:00
Chevron USA and BNP Paribas agreed recently in District Court in Texas to turn over documents and correspondence between the two companies and other entities to the Nigerian oil company that has sued Chevron over the sale of three oil mining leases in the Niger Delta.
Submitted by oilgasafrica on Mon, 2015-05-25 23:00
Eni has made a new discovery of gas and condensates offshore Libya, in the Bouri North exploration prospect in Area D, 140 kilometers from the coast and 20 kilometers north of the production field of Bouri.
Submitted by mediacoms1 on Mon, 2015-05-25 12:17
SacOil Holdings Limited, the African independent upstream oil and gas company, announced the termination of its joint venture with Nigdel United Oil Company (Nigdel) of Nigeria, and consequently its participation in Oil Prospecting Licence (OPL) 233 on Thursday, 20 May. The 126 square kilometre, offshore oil block is located in the core shallow marine area of the Niger Delta region.
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