The Debt That Is Bonding

An aggressive work is ongoing by the Ghanaian government to launch a 15 year energy bond by the end of September to raise 10 billion cedis from its investors so it can commence the repayment of all debts owed in the energy sector, estimated at 2.4 billion dollars, and improve operations in the sector. Read more here: http://allafrica.com/stories/201709060922.html

Scared? Not In The Least

Despite the perception of risk in some basins in Africa, Woodside Petroleum, an Australian oil and gas exploration and production company, says it will forge ahead and continue to grow its presence in the region, particularly off the coast of Senegal, Morocco and Gabon. Read more here: http://www.afr.com/business/mining/woodside-eyes-bigger-exploration-presence-in-africa-20170906-gybq34 and here: http://www.miningweekly.com/article/woodside-steadily-building-its-offshore-position-in-africa-2017-09-06

What Oil And Gas Has Joined Together

A joint action plan for the development of both the Uganda and Equatorial Guinea’s oil and gas infrastructure that will include exchange of information on government policies, regulatory structures, capacity building in the areas of operation, production and process control and environmental health and safety have been agreed on by both countries. Read more here: http://www.oilreviewafrica.com/exploration/exploration/uganda-and-equatorial-guinea-agrees-to-cooperate-on-oil-and-gas-projects

Gas Steeped in Green

Greenville Oil and Gas Company in collaboration with NNPC/Total Joint Venture and Gas Aggregation Company of Nigeria have reiterated its interest to invest $500 million in the Nigeria’s gas sector. Read more here: http://www.tribuneonlineng.com/greenville-total-partner-nnpc-gas/

Standing Tall Despite The Odds

Sharara oil field, Libya’s largest, in the southwest that had been producing around 280,000 barrels per day (bpd) until an armed group closed a valve on the pipeline between Sharara and the port of Zawiya on Aug. 19 is set to resume production as the valve has reopened. Read more here: http://energy.economictimes.indiatimes.com/news/oil-and-gas/libyas-sharara-oil-field-to-reopen-after-pipeline-blockade-lifted-source/60386097