Page 18 - AfrOil Week 33

AfrOil NEWS IN BRIEF AfrOil

INFRASTRUCTURE increased accuracy and higher spatial resolution
to enhance exploration activities.
DPR to fast track integration was recently granted rights to acquire eFTG data
TGS, in partnership with AustinBridgeporth,
of domestic gas market (the world’s highest resolution gravity imagery)
across the whole of Egypt. The first phase of the
hubs into NGTNC project covers an area of approximately 120,000
square kilometers over which GANOPE man-
The Department of Petroleum Resources (DPR) ages and supervises all upstream and down-
has reiterated its commitment to fast-tracking stream oil and gas activities. The survey will
full integration of the domestic gas market hubs provide sufficient data on the geological struc-
into the Nigeria Gas Transportation Network tures and sedimentary basins in Upper Egypt to
Code (NGTNC) to ensure optimal impact in the enable the Egyptian government to launch new Tilenga Field Development Project, Uganda;
country’s domestic gas market. international onshore bid rounds for the region. East Africa Crude Oil Pipeline from Hoima,
A statement signed by Paul Osu, Head, Pub- This is the first phase of a planned program Uganda to Tanga, Tanzania (due to be the longest
lic Affairs, DPR on Wednesday in Lagos said the that will roll into a multi-year acquisition that heated pipeline in the world); Kingfisher Field
agency’s Director, Auwalu Sarki, made the com- aims to cover both onshore and offshore Egypt. Development Project, Uganda; Lokichar Devel-
mitment at the recent flag-off of the NGTNC. The eFTG technology used for data acquisition, opment Project, Kenya; Tanzania LNG Onshore
Sarki explained that leveraging on the potential is being applied for the first time in the Middle Project (with proven reserves of 57 trillion cubic
of Nigeria’s current gas reserve base of 203.16tn East and North Africa (MENA). feet of gas); the Mozambique LNG Project (Area
cubic feet (5.75tn cubic metres), it was pertinent Rune Eng, Executive Vice President, Inter- 1, deep-water Rovuma Basin) and the onshore
to use the instrumentality of the network code national at TGS, stated: “We are delighted that LNG facility (Africa’s biggest investment); the
transparent open access to activate critical gas this significant project is now underway in Egypt Rovuma LNG Project (Area 4, deep-water),
market performance enablers. According to and will, for the first time, provide much-needed Mozambique; geothermal drilling and power
him, this is to ensure gas availability and delivery high resolution data to a region that is set to sig- generation projects, Kenya and Ethiopia (these
across the country. nificantly step-up its hydrocarbon activities in projects constitute the largest of their kind in
He said that as part of the operationalisation 2020 and beyond. Along with our partner, Aus- Africa).
process of the NGTNC, DPR had established tinBridgeporth, we are looking forward to a sig- Itai Choto, Amarinth sales manager for the
a Network Code Electronic Licencing and nificant long-term relationship with GANOPE.” Africa Territory, commented, “We are delighted
Administration System (NCELAS) portal on TGS, August 11 2020 to announce this strategic partnership with
its website. Sarki said the portal would process TSAVO Oilfield Services, which underlines
all licences required for operating gas trans- TSAVO Oilfield Services Amarinth’s recent decision to invest further
portation arrangements and administration in the Africa Territory. We have seen strong
of all regulatory roles required for the optimal signs strategic partnership growth in demand for our products and work-
performance of the network code. He further ing in partnership with TSAVO will enable us to
stated that DPR had issued licences to network agreement with Amarinth deliver both our products and even better-local-
code transporters, shippers and agents and that ised support into the many challenging projects
migration of existing gas transportation agree- Amarinth has underlined its recent expansion being undertaken in the Eastern Africa region.”
ments into the network code regime had begun. in Africa by announcing a strategic partnership Amarinth, August 13 2020
The director said the regulatory agency would with TSAVO Oilfield Services to supply centrif-
continue to engage all stakeholders to achieve ugal pumps and related equipment to the mar-
the aspirations of the government to deepen the ket in Eastern Africa. Amarinth will provide its FINANCE
Nigerian domestic gas market. proven range of API 610 and other centrifugal
Department of Petroleum Resources, August 13 pumps and related equipment. LEKOIL reports on
2020 Amarinth specialises in the design, applica-
tion and manufacture of centrifugal pumps and restructuring of its
associated equipment to the oil and gas, petro-
SERVICES chemical, LNG, chemical, industrial, power and existing term loans
desalination markets. TSAVO Oilfield Services
TGS commences multi-year is a leading energy consultancy in the Eastern LEKOIL, the oil and gas exploration and pro-
duction company with a focus on Nigeria and
African region, serving the oil and gas, geother-
geophysical survey in Egypt mal and mining sectors. West Africa, is pleased to announce that LEKOIL
TSAVO delivers drilling projects in Kenya, Oil and Gas Investment Ltd (LOGL), in which
TGS, a leading provider of multi-client geosci- Uganda, Tanzania, Mozambique and Ethiopia the Company has a 90% economic interest, has
ence data for exploration and production com- with headquarters in Nairobi, Kenya. Amarinth agreed and executed a Restructuring Offer Let-
panies, today announced that it has commenced will provide its proven range of API 610 and ter with its existing lenders, FBNQuest Merchant
its first-ever regional airborne Enhanced Full other centrifugal pumps and related equipment Bank to restructure its existing secured inter-
Tensor Gravity Gradiometry (eFTG) multi-cli- for onshore and offshore oil and gas projects, est-bearing term loans.
ent survey, together with magnetic and Lidar as well as renewable (Geothermal) and mining Following servicing of the quarterly amorti-
data, over the Upper Egypt region of the coun- projects that TSAVO is delivering. This partner- sations due on June 30, 2020, LOGL had an out-
try. This survey is designed to provide unique, ship comes at an exciting time in the region with standing balance of interest-bearing term bank
high-resolution imaging of the region with significant projects already underway, including: loans of US$15.9mn.

P18 www. NEWSBASE .com Week 33 19•August•2020