Page 3 - AfrOil Week 12 2023

AfrOil CONTENTS AfrOil

COMMENTARY
Taking a regional approach to South Africa’s energy crisis 4

PIPELINES & TRANSPORT
Danish oil tanker hijacked by pirates off west coast of Africa 6
EACOP Ltd says it’s making “good progress” in search for funding 6

INVESTMENT
Sierra Leone seeks partners to accelerate offshore exploration
and development 7
Savannah Energy prepares to fight nationalisation of assets in
Chad 8
KPC secures better terms for $350mn loan 9

PERFORMANCE

IMF expects Libya’s oil output to rise 15% in 2023 10
Global Petroleum raises prospective resource estimate for Block
PEL 94 offshore Namibia 10

POLICY

US Department of Justice recovers over $53mn in Nigerian oil
corruption cases 11
Kenya to pay for fuel with shillings 12

PROJECTS & COMPANIES
Cheiron launches early production facility at GNN oilfield in
Gulf of Suez 12
Libya’s NOC to set up new unit to increase gas exports to Europe 13
Honeywell secures $500mn contract to develop South Refinery
project 14
Atlas Petroleum, GEPetrol, VAALCO to develop Venus discovery at
Block P 14

NEWS IN BRIEF 15

NEWSBASE ROUNDUP GLOBAL (NRG) 18

OUR CUSTOMERS 20

Have a question or comment? Contact the editor – Jennifer DeLay (jdelay@intellinews.com)
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