Page 13 - AfrOil Week 24

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Practices Act and the U.K Anti-Bribery and Corruption Act, it is unthinkable that that either company would move ahead with the deals if there were any implication of wrong doing in the award of the licenses. Kosmos Energy conducted a very intensive due diligence, which it sent to the to the U.S Securities and Exchange Commission for vetting and no wrongdoing was found.
Finally, all due processes were adhered to and the initial award of the block was made prior to President Macky Sall being elected President, and all investigations conducted by various Senegalese regulators revealed that all transactions were above board.
“President Macky Sall has been a reformer and pushed through market-driven policies that have made the future of Senegal’s oil industry a bright one and people-centered one,” stated NJ Ayuk, CEO of Centurion Law Group and Executive Chairman of the African Energy Chamber.
afRiCan EnERgy CHambER, june 17, 2019
East afRiCa
BMT supports Mozambique FLNG project
Industry leading mooring solutions supplier, SOFEC, has selected BMT and Sonardyne, under their teaming agreement, to supply an innovative mooring monitoring system (MMS) for a major new deepwater development.
e new system will involve monitoring
of the turret mooring system on a new-
build oating lique ed natural gas (FLNG) facility being built in South Korea for ENI’s Coral South project o shore Mozambique. With water depths ranging from 1,500-2,300 metres, SOFEC, a MODEC Group company, wanted to integrate a robust and reliable MMS to complement their market leading turret mooring solution.
SOFEC chose to use BMT and Sonardyne’s combined engineering strength in order to acquire the most technically competent and robust MMS. eir selection was based on high data availability, ease of remote operated vehicle (ROV) installation, robustness of
the subsea technology and the longevity between maintenance periods that the BMT / Sonardyne MMS o ers, compared with other solutions in the market.
Above the waterline, BMT will supply the station-keeping turret monitoring system and local control panel with touchscreen interface. e control panel will also house Sonardyne’s topside equipment, to minimise the system’s footprint. Additionally, the system will allow
SOFEC’s client to gain remote data access through BMT’s secure cloud-based portal, BMT DEEP.
Below the waterline, Sonardyne’s SMART (Subsea Monitoring, Analysis and Reporting Technology) will be used to constantly monitor mooring integrity on each of the
20 anchor legs. Daily summary reports and automatic fault detections will be wirelessly communicated to the surface from the SMARTs real-time.
bmt, june 18, 2019
China top in Tanzania
China is the top investor in Tanzania, according to the Tanzania Investment Centre’s executive director, Geo rey Mwambe. e executive was quoted by Xinhua as saying the next largest were the UK and US.
Mwambe went on to give assurances to investors, speaking in Dar es Salaam, that the government was committed to improving the business and investment environment.
Another o cial, Angellah Kairuki, said the Tanzanian government was seeking to nd a
balance between obligations and protections for investors.
Total considers Tanzanian expansion
Total is interested in investing in Tanzania’s upstream, moving beyond its historic place
in the downstream, said Total Tanzania’s president, Stanislas Mittelman. Quoted by e Guardian, the o cial said the company has recently acquired Gapco Tanzania – extending its marketing reach in the country.
Tanzanian Prime Minister Kassim Majaliwa gave assurances to Total that the government would support the company
as it sought to expand into the upstream. “ e government is so excited with Total’s dedicated ambitions in the construction of the Hoima Chongoleani oil pipeline which is a massive investment,” he said, also noting the company’s part in paying taxes, creating jobs and supporting community services.
Week 24 18•June•2019
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