Independent power producers (IPPs) in Ghana have rescinded their threat to cut off electricity supply from their plants on 1 July, after reaching an interim deal with the state-owned Electricity Company of Ghana (ECG) over US$1.58bn in arrears owed to them by the state
Exploration
San Leon gives update on OML18 and more
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced a further update in relation to the proposed transactions with Midwestern Oil & Gas Company and its further conditional investments in Energy Link Infrastructure (Malta) Limited (ELI) (together the proposed transactions)
PetroNor farms out exploration licenses in Guinea-Bissau
PetroNor E&P has entered into a binding agreement to farm-out 100% of its participating interest in its two exploration licences offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal
ANPG signs concession contracts for production in Kwanza Basin
Angola’s national concessionaire, the National Oil, Gas and Biofuels Agency (ANPG) signed four direct concession contracts for the production of oil blocks in the onshore Kwanza Basin
UNOC to commence production from Tilenga in 2025
UGANDA National Oil Co anticipates commencing oil production from the Tilenga project in the first half of 2025, according to the company’s CEO, Proscovia Nabbanja