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
Gas
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
Saipem and Daewoo E&C sign strategic deal for onshore projects, with focus on LNG
Engineering firm Saipem and EPC company Daewoo E&C have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector
Saipem wins US$90-100mn pipeline contract offshore Equatorial Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has approved a 70-km pipeline that will link the Alen Unit, operated by Noble Energy, and the petrochemical complex of Punta Europa within the framework of the country’s gas monetisation project
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