Supermajor BP has announced that its recent three-well drilling campaign offshore Mauritania and Senegal has further confirmed the gas resource in the region
Gas
Algeria’s Sonelgaz and Equatorial Guinea’s Sonagas sign cooperation deal in gas sector
The National Electricity and Gas Company of Algeria (Sonelgaz) and Equatorial Guinea’s National Gas Company (Sonagas) have signed a memorandum of understanding (MoU) on enhanced cooperation in the field of gas transmission, distribution and energy efficiency
AfDB approves US$400mn loan to support Mozambique LNG project
The African Development Bank Group (AfDB) has approved a long-term senior loan of US$400mn to support the construction of an integrated LNG plant, including a liquefaction facility in Mozambique
Equatorial Guinea and Vitol sign strategic partnership
Equatorial Guinea has signed a strategic partnership and cooperation agreement with energy and commodities company Vitol for the development of the country’s gas megahub in Punta Europa
US provides US$430mn in insurance to natural gas project in Egypt
Adam Boehler, CEO of the US International Development Finance Corporation (DFC), has announced a commitment to provide US$430mn in insurance to advance energy security in Egypt by rehabilitating a natural gas pipeline and transporting natural gas from fields offshore in Israel
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