South Africa: Gov’t To Issue Paper As A Roadmap For Eskom Future
The South African Ministry of Public Enterprises has issued a statement noting that the government will publish a Special Paper on state-owned power utility Eskom in the next few weeks, which will clearly outline the roadmap to put Eskom on a long-term sustainability path.
According to the Ministry, the paper will reflect the “urgent work that is taking place to identify options to resolve the debt challenge, the process for restructuring Eskom and importantly, to ensure a just transition”.
Since the announcement of the unbundling by President Ramaphosa during his State of Nation Address in February 2019, the key component of restructuring is the separation of Transmission, the statement read.
Since the announcement of this separation, government, in particular, the President and the Minister of Public Enterprises have had initial engagements with unions.
The consultations on the future of Eskom are expected to be ongoing at Eskom management level and government level.
The Eskom Board and Executives management together with Government will lead engagements at various levels.
Source: esi-africa.com
Libya’s State Oil Corporation Seeks 67% Pay Rise In Energy Sector
Libya’s National Oil Corporation (NOC) reiterated on Friday its demand for a 67-percent pay increase for the workers in the oil and gas sector, the state oil firm said, after a meeting with Fayez al-Serraj, the head of the internationally recognized government in Tripoli.
NOC’s chairman Mustafa Sanalla has discussed the issue of the pay rise with al-Sarraj and reaffirmed the importance of raising the salaries of the workers in the oil and gas sector, as it was initially decided in 2013 but never implemented.
Representatives of the NOC, the Presidency Council, and the ministry of finance will meet this week to discuss the implementation of the planned pay rise, NOC said in a statement.
“Oil and gas workers are making enormous sacrifices and facing many risks, especially under current circumstances. Yet, they have managed to deliver a budget surplus of more than $1.4 billion this year alone. The time has come for energy sector workers to receive recognition for their service, and to be recompensed for their efforts by implementing the 67% pay rise,” NOC’s Sanalla said.
The head of the oil firm also spoke with the Presidency Council to highlight how important it is for NOC to receive an increased budget for operations and investments in order to raise oil production and consequently, oil revenues, NOC said.
Earlier last week, reports emerged that Libya’s eastern strongman General Khalifa Haftar—who is affiliated with an eastern government rival of that of al-Sarraj’s—is boosting his military presence around the country’s largest oil field, Sharara in southern Libya.
The security situation in Libya has materially worsened since the spring after Haftar ordered in early April his Libyan National Army (LNA) to march on the capital Tripoli.
The self-styled army has been clashing with troops of the UN-backed government in a renewed confrontation that has escalated and disrupted, once again, Libya’s oil production and exports.
The latest in a series of force majeures at Sharara was lifted on August 8.
Two outages at Sharara in one month forced Libya’s oil production down to below 1 million bpd in the first week of August—the lowest level in five months and a sign of Libya’s wild card status in terms of production consistency.
Source: oilprice.com/www.energynewsafrica.com
Flashback: ‘Evil D warfs’ At BOST: Will George Mensah Okley Conquer Them?
This article was published in September 2018 on several online portals including Ghanaweb.com and Myjoyonline.com…We have decided to published it because of the resignation of Mr George Mensah Okley
I have been wondering whether there are evil dwarfs that have their permanent abode at the Bulk Oil Storage and Transportation Company (BOST) such that, when they feel like striking, they do so by possessing some staff and antagonists to use the media to fight the nation’s strategic national oil company.
As I continue wondering, I think, just maybe, that it is about time the new Managing Director, George Mensah Okley, sought divine intervention to purge the hearts of workers of BOST to enable him to have the peace of mind to work to position the company to become the leading oil company in the sub-region, as was the desire of his predecessors.
You may not understand my preposition now, but as we move along, you would appreciate why there is the need for divine intervention at BOST. This article is intended to delve into both the past and present happenings at BOST, and by the time the last page flips to a closure, you would concur with me on the need for the divine intervention.
I have been trying to refresh my memory on what took me to the head office of BOST for the first time, and, however hard I try, my memory fails me. But, I think my maiden visit to the venue had something to do with the workers’ agitation.
Good…the first day I entered the Accra Plains, near the Kpone Barrier, Kpone-Katamanso District, was when the Junior Staff of BOST organized a press conference to level serious allegations of corrupt practices against the then Board Chairman, Alhaji Huudu Yahaya.
The Junior Staff Union, led by its Chairman, one Bernard Owusu, via the media, lashed Alhaji Huudu Yahaya, the former 1st Vice Chairman of the current opposition National Democratic Congress (NDC). Because he could not survive that tirade and bombardment, in no time, he was shown the exit.
The then Managing Director of BOST, Dr. Yaw Akoto, was also not spared: he was also thrown out. And despite the number of corrupt practices the two were said to have engaged in, neither of them was investigated and prosecuted by a competent court of judicature for the public to believe that they did all the wrongs they were accused of.
US$74million rot under Huudu Yahaya
Interestingly, when John Dramani Mahama won the 2012 Presidential elections and after being in office for one year, he quickly relieved the then Managing Director of his post and brought in his darling boy, Kingsley Kwame Awuah Darko, to head BOST and appointed Kakra Essamuah, as its Board Chairman.
But, after being in office for few months, we started hearing of some agitations at BOST. This time around, it was not the junior staff but rather a section of the senior staff. The agitations were as a result of staff retrenchment the Awuah Darko’s management was undertaking. Unhappy about the exercise, the workers started leaking information into the media, which, they believed, could incriminate Mr. Darko. In their opinion, the retrenchment exercise was a calculated attempt to sack competent staff and replace them with his cronies so he could continue to engage in corrupt practices.
In a bid to absolve himself of blame, Kwame Awuah Darko organized a press conference, which was heavily attended, to respond to the various allegations by the section of the workers in the media. In that media encounter, the embattled Managing Director of BOST confirmed reports of fraud, impropriety, arm-twisting and extortion at the strategic national asset, resulting in a massive financial loss of GH¢74.41 million in just four years. However, he indicated that the financial loss did not occur under his stewardship, though it was still in the era of the Mills-Mahama administration with Huudu Yahaya as Board Chairman and Dr Yaw Akoto, as Managing Director.
He explained that it was as a result of the gross mismanagement and arm-twisting under the same NDC government, that he signed an agreement with TSL, a Ghanaian subsidiary of Nigerian-owned firm for it to operate, maintain and manage BOST’s petroleum terminals in the country for a year, at a total cost of about US$7.2 million.
He told journalists that BOST, in 2010, made a loss of more than GH¢3.8 million, more than GH¢14.2 million in 2011, over GH¢10.85 million in 2012 and GH¢45.56 million in 2013, all totalling over GH¢74.41 million.
According to Awuah Darko, who took over the baton of BOST in October 2013, the company made a profit of GH¢8.1 million in 2014, when TSL was contracted. He, however, failed to disclose the amount BOST paid to TSL for a proper and informed balance sheet of profit and loss to be drawn on the accounts of the state-owned company. Fighting credibility battle and in a subtle attempt to allegedly divert attention from serious allegations of mismanagement and political victimization levelled against him, Awuah Darko reportedly leaked a damning report of a Ministerial Committee to the media, to expose the impropriety of his predecessor and former Board Chairman, Huudu Yahaya.
The Ministerial Committee of Inquiry, chaired by Clotilde Agbenoto, was set up on June 18, 2013, by the then Minister for Energy and Petroleum, Emmanuel Kofi-Armah Buah, to investigate allegations of fraud, impropriety, arm-twisting and extortion at the Accra Plains and Kumasi Depots of BOST.
However, the report was shelved for almost two years by the Minister, until it was leaked to sections of the media, following agitations by BOST workers against their MD Awuah Darko over what they had described as mismanagement of the company.
Tensions continued at BOST until Awuah Darko’s governing NDC lost political power to the then opposition New Patriotic Party (NPP), now steering the state vessel.
Awuah Darko’s rot
Now, when the NPP took over power in 2017, the Member of Parliament (MP) for Assin Central Constituency in the Central Region, Kennedy Ohene Agyapong, popularly known as ‘Akompreko’, launched an onslaught on the former MD of BOST, Kwame Awuah Darko, for allegedly engaging in financial malfeasance.
He never spared Awuah Darko anytime he had the opportunity to speak on radio especially, Oman FM, Adom FM, as well as Asempa FM. And as usual of him, Kennedy Agyapong provided documentary evidence of how BOST, under the tenure of Awuah Darko, transferred US$ 40.5 million into Chief of Staff’s Sundries Account during the tenure of the former President Mahama, under dubious circumstances.
To demonstrate his anger at the fire-brand NPP legislator for directing his attacks at him, Kingsley Kwame Awuah-Darko has sued Kennedy Agyapong for peddling what he considered to be defamatory comments against him and is demanding GHC5 million in general damages for defamation. He also sued Multimedia’s Asempa FM, as well as Kennedy Agyapong’s Madina-based Oman FM, for using their platforms to tarnish his reputation.
Was Awuah Darko right in going to court to clear himself of any wrongdoing? The answer is yes because it is his constitutional right to seek redress at the court if he feels his rights are being trampled upon. Since the case is before a competent court of judicature, I would not want to comment further or I am cited for contempt.
But, one thing I am happy about is how the Assin Central law maker has maintained his focus in fighting wrongdoing and abuse of public office by those who had the opportunity to serve the country, or are still serving, despite the threats of legal battles against him.
Now, let me flip the page to Awuah Darko’s predecessor, Alfred Obeng Boateng, who is a lawyer and a Degree holder in BSc in Geological Engineering from the University of Ghana and LLM in International Commercial Law, with specialization in Oil and Gas, was appointed in January 2017 by his Excellency Akufo-Addo to head BOST.
However, after being in office for some 18 months, President Akufo-Addo showed him the exit and replaced him with George Mensah Okley, who, until his appointment, was the Director in charge of Upstream at the Ministry of Energy.
Although reasons for Alfred Obeng Boateng’s dismissal was not made public, it is not clear whether there was anything he did wrong, apart from the sale of the five million litres contaminated fuel saga which is a public knowledge.
Blackmail
Alfred Obeng Boateng was reduced to ‘twapea’ by Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Ghana, who ran his mouth amok on the former, as though he was the connoisseur of knowledge in the energy sector.
Even when the National Security, with the committee composed by the former Energy Minister, Boakye Agyarko, had cleared Alfred Obeng Boateng of blame, Mr Amoah, unabatingly, attacked Mr Boateng in the media.
It would interest readers to learn that Duncan Amoah, some time ago, invited Alfred Obeng Boateng to a meeting at Golden Hotel in Accra and in that meeting, Mr Amoah introduced the CEO or the MD of J.K Horgle, one of the Bulk Distribution Companies (BDCs) to his guest, and pleaded with him to consider him by making sure that J.K Horgle received consignment (fuel) from BOST, so that the company could, in turn, sort him out. That way, he (Duncan) would stop being a thorn in the flesh of Alfred Obeng.
As if that was not enough, Duncan Amoah made several unreasonable demands from Alfred Obeng Boateng, including making a purported arrangement so that Mr Alfred and other government officials could make a trip to Israel to meet some investors. But as smart as Alfred Obeng Boateng was, he pulled out upon realizing that Duncan Amoah was leading him into trouble.
Disappointed by the turn of events, Duncan Amoah then turned around and orchestrated the controversial five million litres of contaminated fuel, by using his cohorts and criminal-minded guys at BOST to blackmail the then Managing Director Alfred Obeng Boateng. He later cooked a cock and bull story against Alfred Obeng Boateng that he had threatened him and went ahead to lodge a complaint with the Tema Regional Police Command. I listened to him on Accra FM on Monday, September 17, 2018, making another claim that some 600,000 litres of contaminated fuel had evaporated from the Accra Plains Depot of BOST. I was expecting Duncan Amoah, who is making himself appear as if he were the only citizen who cares more about Ghana, to talk about the latest development at BOST, which involves the payment of US$3million to Springfield Energy Limited.
Is Duncan Amoah only interested in issues involving Alfred Obeng Boateng? Is he now in bed with the current Managing Director of BOST, and so he would not comment on the issue? Or he has suddenly gone deaf and so cannot hear what is happening at BOST currently? Those who claim to be leading civil society groups must be seen to be demonstrating honesty, fairness and above all, integrity for us to believe them.
Unfortunately, Duncan Amoah has not demonstrated any of these values.
Since the new Managing Director of BOST, George Okley, assumed office, I have visited him once, nonetheless, we could not engage each other because he was scheduled for a meeting at the Jubilee House. But one thing I kept telling him was to institute prayer in the company because I knew there are evil dwarfs at BOST, who always drag MDs into trouble and turn around to release missiles to the media to fire at the MDs. Now, monitoring the current media war against George Okley, need I will be surprised, when the man who went all out to peddle falsehood about Alfred Obeng Boateng, still finds his way at BOST, by visiting the place on a regular basis as if he were a staff?
Why would I be surprised when one of the evil dwarfs, who was moved to head Business Services under Alfred Obeng Boateng, had been brought back to be the head of Finance and, subsequently, misleading George Okley to authorize payment of US$3million to Springfield Energy Limited? Mr Okley should remember I told him to be prayerful and watchful!
US$ 3 million doled out to Springfield Energy
After the Inquisitor newspaper had published a story with the banner headline: ‘SCANDAL ROCKS BOST BOSS -SPRAYS CASH ON SPRINGFIELD ENERGY’, I read the response from BOST and also the petition submitted to the Commission on Human Rights and Administrative Justice (CHRAJ) by MP for Bongo, Edward Bawa, asking the Commission to investigate the case.
In part, the MP’s petition suggested that BOST’s external lawyers asked the company not to pay Springfield the remaining interest of GHc5 million because they did not deserve it.
For the sake of readers, I, hereby, reproduce what the MP, Edward Bawa, claimed to be the exact words of the supposed external lawyers of BOST: “We have not revised our view that Springfield Energy is smartly trying to blow hot and cold at the same time.
“We, therefore, stand by our professional advice given earlier that BOST should not cave in to the blackmail of Springfield to hand them underserved millions of dollars from the public purse.
“The modus operandi of Springfield is not new. It has been so since the inception of this case. Let Springfield boldly go to the court, prove their case in accordance with the law and let the court deliver its judgment.
“BOST will then have the option of satisfying the judgment, or if it is unhappy, challenge the judgment higher up.
“That way, it would be seen that BOST stood its grounds and fought a good battle to protect the public purse. That way, nobody can accuse all those involved in the case of creating, looting and sharing. This is our position on the matter.”
I must confess that this is the first time I have come to believe Edward Bawa on an issue.
I was tempted to believe that the purported words of BOST external lawyers were a figment of Bawa’s imagination but upon my independent checks, I discovered that, indeed, those were the words of the external lawyers.
It will interest the public to note that the internal lawyers at BOST and John Kojo Arkorful, who is the Head of Finance, are aware of the caution by the external lawyers not to pay the remaining US$5 million, yet somebody misled the current MD to authorize the payment.
If our hard working President Akufo-Addo is, indeed, determined to fight corruption and demonstrated in his appointment of the Special Prosecutor, then, he must equally be moved by the current happenings at BOST and make sure that its management is overhauled to make way for new crop of people to assume their position.
Heads must roll
The continuous stay in office of the current management would not end well with the country. John Kojo Arkorful and co are a major problem, as far as the progress of BOST is concerned. There are competent people in the country who could help George Mensah Okley to bring the transformation government is expecting at BOST. We cannot allow certain crop of people, who are only interested in what will come to them, to continue to milk the company when we need money to provide hospitals, schools, roads and other social amenities to deprived communities.
I cannot conclude this article without making a passionate appeal to His Excellency the President to call his party people to order. This is because there are some who think the President has kept them warming the bench for far too long, and so to get the President to do a substitution, they will undermine appointees so that when the President sacks them, they, the bench-warmers would get the position or their favourites to also taste power.
The author, Michael Creg Afful, specializes in Energy Reporting
Ghana: IPPs Meet Finance Ministry Officials Today
Officials of Ghana’s Ministry of Finance are expected to hold discussions with independent power producers (IPPs) in the West African country, over some pressing issues in the power sector, energynewsafrica.com has learnt.
It is not clear what exactly the discussions would centre on but energynewsafrica.com believes it is likely to be on the take-or-pay contracts, which are said to be bleeding the state funds.
It would be recalled that Ghana’s Minister for Finance Ken Ofori-Atta, presenting the mid-year review budget statement in Parliament on Monday, July 29, 2019, announced that government would, from August 1, 2019, only pay Independent Power Producers for power the country consumes.
The Minister, Ken Ofori-Atta, said government was going to renegotiate take-or-pay agreements because they were bleeding the state funds.
The Akufo-Addo government had accused the Mahama-administration of signing some controversial power agreements which seem to be shortchanging the country.
The NPP government claimed that, per the agreement, the country is compelled to pay power producers for power they generate but are not consumed by the country.
The Finance Minister said the country was currently paying more than $51 million a month under a take-or-pay contract for 154 mmscf per day on the Sankofa Offshore Cape Three Points gas alone, even though the country only takes 60 mmscf per day on average.
He said: “Our top technical experts, assisted by counterparts from the World Bank, have subjected the energy sector to a thorough analysis and produced the Energy Sector Reform Programme (ESRP), which identifies the key issues in the sector and proposes solutions.”
Mr Ofori-Atta said the ESRP, which has been approved by Cabinet, means that “if we continue with business as usual in the energy sector, the costs to government will increase over time to an accumulated total of over $12.5 billion by 2023.”
Source: enernynewsafrica.com
Ghana: President Akufo-Addo Compelled BOST MD To Resign?
Managing Director of Ghana’s Bulk Oil Storage and Transportation Company (BOST) George Mensah Okley has resigned, energynewsafrica.com can confirm.
Corporate Communications Manager for BOST Marlick Adjei, confirmed the resignation to energynewsafrica.com on Monday, August 26, 2019.
“There is going to be a board meeting today, after which the board will issue an official statement,” he said.
There were reports over the weekend that Mr George Mensah Okley had resigned from his post in relation to issue of contracts at BOST and some serious other challenges he was having with some key staff at BOST, thus, making his work difficult.
However, a board member who spoke on conditions of anonymity with energynewsafrica.com refuted the allegations, saying it was not true.
According to some reliable sources, Mr George Mensah Okley was allegedly asked to vacate his post by President Akufo-Addo.
It is not clear yet why President Akufo-Addo asked him to resign.
Source: energynewsafrica.com
IEEE Power Africa Conference: Panelists Urge STEM Students To Be Resolute Despite Challenges
Female students who are pursuing STEM (Science, Technology, Engineering and Mathematics) courses at the various universities in the African continent have been challenged to remain focused.
They have, furthermore, been challenged not to give up, despite stereotyping and intimidation they may be facing from their male counterparts.
The call was made by female engineers who are working in the power sector in some African countries, during a panel discussion at the IEEE Power Africa conference held in Abuja, Nigeria, where the topic: ‘Enhancing and retaining women in power and energy engineering’ was discussed extensively, after power point presentation by the panelists.
The panelists namely, Dr Omowunmi Mary Longe, from University of Johannesburg, South Africa, Mrs Sally Musonye of Kenya Power, Mercy Chelangat K. of Uganda and Samantha Niyoyita of Ethiopia, shared their experiences about how they were stereotyped during their school days and even at work places.
In the face of these, they dared to stand up against opposition and made it to their higher positions now.
In an interview with energynewsafrica.com, Sally Musonye, who is the Design and Construction Engineer at Kenya Power, the national electricity of Kenya, described as worrying how she was, sometimes, looked down on by customers who visit her office for help.
“For instance, I sit near a male colleague and customers come and they want to see engineer Sally, and they will refer to the male colleague. And when they go to him, he will say no…the lady over there is engineer Sally. Then they will say why are you so small…Can you even help me?” she narrated.
She lamented over the lack of role models for the few of the young female engineering professionals in their work place.
She explained that the situation is making it difficult for women to have fair representation at boardroom or decision making level in the energy sector.
“If you look at the energy sector, we don’t have proper representation of women. They are there in our companies but if you look at the boardroom positions and the key decision making, we don’t have women from STEM background.”
Sally, who described engineering course as a tough one, stressed the need for those in engineering field to be strong and develop thick skin so as to overcome challenges on the way.
Source: www.energynewsafrica.com
Source: www.energynewsafrica.com
Egyptian Oil Industry Poised To Support South Sudan Growth
Egypt is poised to take a leading role in overhauling South Sudan’s oil production, with Egypt’s Minister of Petroleum agreeing to speak at the South Sudan Oil & Power conference on October 29-30.
“We are very excited to confirm H.E. Tarek El-Molla and a delegation from Egypt to this year’s South Sudan Oil & Power,” said Guillaume Doane, CEO of Africa Oil & Power said in a statement copied to energynewsafrica.com.
The participation of Nile Basin countries and stimulating regional trade is a big priority for this year’s conference. Egypt has tremendous technical experience that can deliver significant value to South Sudan’s petroleum and power industries.
The announcement comes in the wake of a major new oil discovery in the Adar oilfield in Block 3 containing more than 300 million barrels of recoverable oil.
With a major focus on ramping up its oil industry during a period of peace, South Sudan is recovering its position as a major African producer and is actively creating a favourable investment climate through high level discussions with energy leaders, ministries and companies at South Sudan Oil & Power 2019, produced by Africa Oil & Power (AOP).
The conference is under the auspices of South Sudanese President H.E. Salva Kiir.
Together South Sudan and Egypt produce 850,000 barrels of oil production per day – almost 90 percent of the entire production of the Nile Basin region of north-east Africa.
Under the theme ‘Focus on Finance’ SSOP 2019 is set to explore the challenges and means of financing projects, attracting new investment, and investing in facilities. In addition to finance, the conference will examine community development, environmental issues, and oilfield technology.
AOP is talking with Egyptian companies to bring a delegation of private and public sector companies to Juba as part of an Egypt-South Sudan petroleum industry trade mission.
There are numerous opportunities for investors to enter South Sudan’s revived oil and energy space. Egypt has a dynamic on- and offshore industry and is the largest oil producer in the Nile Basin region.
“The Ministry of Petroleum is committed to working closely with its partners to make available the significant opportunities in the South Sudanese oil and gas sector to new entrants,” Minister Chuang said in an invitation to Egyptian companies to visit Juba for SSOP.
South Sudan’s Ministry of Petroleum has made numerous appeals for oilfield technology providers to enter the country, which has Africa’s third largest oil reserves. The government estimates that only one quarter of South Sudan has been explored to date.
The country is dedicated return to pre-war production levels of 350,000 barrels of oil per day by 2020 by increasing production in Greater Pioneer Operating Company’s recently rehabilitated oilfields and resuming production in Sudd Petroleum Operating Company fields.
Minister Chuang will announce South Sudan’s 2020 oil and gas licensing round at two strategic conferences this October: in Cape Town, South Africa, on October 9-11 and South Sudan Oil & Power (SSOP) 2019 in Juba on October 29-30.
The Minister will also announce a tender for an environmental audit for the country’s producing oilfields at the SSOP conference.
Source: www.energynewsafrica.com
South Africa: Labour Unions, Eskom Discusses Future Of National Utility
State-owned power utility Eskom and South African labour unions have started discussions on how to co-create a sustainable national utility for the future.
Eskom and its organised labour unions, National Union of Mineworkers (NUM), National Union of Metalworkers of South Africa (NUMSA) and Solidarity, met on Friday in an effort to strengthen relations and for Eskom to share the company’s turnaround strategy.
The meeting with organised labour kick-starts discussions on Eskom’s turnaround strategy for the future, and will be followed by discussions with other stakeholders.
Eskom’s Acting Group Chief Executive Officer Jabu Mabuza, led the meeting and promised to create fertile ground to allow for unions and the utility to have mutually beneficial engagements beyond his term as GCEO.
“We took the unions through Eskom’s turnaround strategy and agreed that further discussions would take place as we plan and move forward as a collective,” Mabuza said.
“If there is one thing I want to have accomplished when I leave this post in the next 10 weeks, is to have created an environment where Eskom and unions are able to have more frank and robust discussions about the future of Eskom.”
The unions requested additional information from Eskom, which “we will provide, and have agreed to take the information presented to them, digest it and revert,” stated Eskom in a media statement.
Source: esi-africa.com/www.energynewsafrica.com
Egypt: Zohr Gas Production Reaches 2.7 Bcf/d
Italian oil and gas firm, ENI has announced that production from the Zohr field offshore Egypt has now reached more than 2.7 billion cubic feet per day (bcf/d), about five months ahead of the Plan of Development (PoD).
According to ENI, “this remarkable result” has been achieved following the completion of all eight onshore treatment production units – the last one commissioned in April 2019 – and all Sulphur production units in August, the production start-up of two wells in the southern culmination of the field (in addition to the 10 wells already drilled in the northern culmination) as well as the start-up on August 18 of the second 216-km long 30-inch pipeline connecting the offshore subsea production facilities to the onshore treatment plant.
The new pipeline, in conjunction with the completion and optimization of the plant treatment capacity, paves the way to increase, by the year end, the field potential production rate up to 3.2 bcfd against the POD’s plateau rate of 2.7 bcfd.
The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, is located within the offshore Shorouk Block.
ENI holds a 50% stake in the block while Rosneft has 30%, BP 10% and Mubadala Petroleum the remaining 10%.
The project is executed by Petrobel, the Operating Company jointly held by ENI and the state corporation Egyptian General Petroleum Corporation (EGPC), on behalf of Petroshorouk, jointly held by Contractor (ENI and its partners) and the state-owned Egyptian Natural Gas holding Company (EGAS).
Fifth Meeting On Ghana/Togo Maritime Boundary Negotiations Held In Accra
The fifth meeting on the Ghana/Togo Maritime Boundary Negotiations has been held in Accra with a call on both parties to work towards an amicable solution.
‘It is my fervent wish for both Parties to consider the fraternal relationship among our common people’s and the already existing economic activities to reach an agreement based on negotiations in good faith,” Mr. Yaw Osafo Maafo, Senior Minister said.
Mr Maafo was addressing the two-day fifth meeting of the committee on Ghana/Togo boundary negotiations last Thursday.
The Senior Minister informed that the Presidents of Ghana and Togo, in their bid to solve the unpass, desired that the good neighborliness and peaceful co-existence between the two countries became the framework and basis on which the entire process of negotiations was done.
“The underlying principle is to derive an equitable outcome that is grounded in international law, utilizing all the established principles governing matters of this nature,” Mr. Osafo-Maafo said.
He informed that significant progress was made during the last meeting held in Lome during which both parties agreed that survey teams should jointly explore various possibilities to establish the Land Boundary Terminus (LBT) or Border Pillar 1 as a prerequisite for drawing the maritime boundary between the two countries.
Mr. Osafo-Maafo indicated that the survey teams met at Aflao to adopt a common methodology for the conduct of the fieldwork to establish the LBT.
He informed that both survey teams presented a report of the 1929 Boundary Commission signed by the French and British Commissioners and the related map, and agreed to use the report as their working document.
Endorsing the working document as a good reference point, Mr. Osafo-Maafo said, “I wish to emphasize that Ghana views these processes as essential in ensuring that the interests of our two countries are protected and optimised.
The Senior Minister drew the attention of the parties at the meeting to the outstanding issue of Provisional Arrangements which should be agreed in accordance with the United Nations Convention on the Law of the Sea (UNCLOS), whilst negotiations for the formal delimitation of the maritime boundary continued.
He added that, “In this regard, I wish to suggest that the two countries continue to work in the maritime domains that they have hitherto been working until the protest by Togo in December, 2016.
He wished that the two days meeting would build on previous meetings “and lead us closer to bringing finality to the matter.”
In an interview with the Ghana News Agency, Mr. Osafo-Maafo indicated that quest for hydro-carbons which was prevalent at the crest of the ocean has made nations rise up to the challenge of protecting their territorial waters.
He, therefore, indicated that a final determination on the matter was necessary to prevent possible disputes over rights to mine minerals on a country’s sea bed.
The Republic of Togo raised concerns in 2016 about the demarcation of the maritime boundary between Ghana and Togo.
The Presidents of the two countries intervened to prevent a conflict situation from developing and a committee was set to agree on a common boundary demarcation.
The outcome of the current two-day committee meeting would determine whether the matter would be settled amicably or would have to be sent to an international forum for determination.
Other Ghanaian dignitaries at the opening meeting were the Minister of Energy, Mr. John Peter Amewu, the Minister of Lands and Natural Resources, Mr. Kweku Asomah-Cheremeh, and the Deputy Minister of Foreign Affairs and Regional Integration, Mr. Mohammed Habibu Tijani.
Source: GNA
US: Sanders’ $16.3 Trillion Climate Plan Takes On Oil Industry.
U.S. presidential candidate Bernie Sanders has released a $16.3 trillion plan to tackle climate change. He promises the U.S. will reach 100 percent renewable energy for electricity and transportation by no later than 2030. The plan also sees “taking on” the fossil fuel industry, by slapping it with massive taxes and penalties, and prosecution for damage caused.
Sanders’ plan – labeled the most progressive, or the most radical, or “budget annihilating,” depending on who you ask – envisions a ban on fracking, mountaintop removal coal mining, offshore drilling, and imports and exports of fossil fuels, among others.
“Our coal and natural gas are contributing to increased emissions abroad. We will also end the importation of fossil fuels to end incentives for extraction around the world. We can meet our energy needs and ensure energy security and independence without these imports,” the text of the plan released Thursday says.
Furthermore, Sanders would end all new and existing fossil fuel extraction on federal public lands, and end all new federal fossil fuel infrastructure permits.
“We will ensure fossil fuels stay in the ground by stopping the permitting and building of new fossil fuel extraction, transportation, and refining infrastructure,” the plan labeled “Green New Plan” reads.
Sanders would if elected, work to see offshore drilling banned: “If we are serious about moving beyond oil toward energy independence, lowering the cost of energy, combating climate change, and cutting carbon pollution emissions, then we must ban offshore drilling.
“If there is a lesson to be learned from the 2010 BP oil spill disaster, it is that Congress must not open new areas to offshore oil drilling.”
$16.3 trillion budget for green energy transition
Sanders, U.S. Senator from Vermont, promises to spend $16.3 trillion as part of the plan to employ 20 million people in steel and auto manufacturing, construction, energy efficiency retrofitting, coding and server farms, and renewable power plants, sustainable agriculture, engineering, a reimagined and expanded Civilian Conservation Corp.
He would aim to transform the U.S. energy system away from fossil fuels to 100 percent renewable energy, like wind, solar, and geothermal, and also to “fully decarbonize the economy by 2050 at latest”
The plan envisions $2.09 trillion in grants to low- and moderate-income families and small businesses to trade in their fossil fuel-dependent vehicles for new electric vehicles; $85.6 billion building a national electric vehicle charging infrastructure network; $407 billion in grants for states to help school districts and transit agencies replace all school and transit buses with electric buses; $216 billion to replace all diesel tractor-trailer trucks with fast-charging and long-range electric trucks
He would commit to reducing emissions throughout the world, including providing $200 billion to the Green Climate Fund, rejoining the Paris Agreement, “and reasserting the United States’ leadership in the global fight against climate change.”
The plan is also to reduce domestic emissions by at least 71 percent by 2030 and reduce emissions among less industrialized nations by 36 percent by 2030 — the total equivalent of reducing our domestic emissions by 161 percent.
The text of the plan released on Thursday slams the fossil fuel bosses, calls them greedy and says they’re standing in the way of climate action.
“We need a president who has the courage, the vision, and the record to face down the greed of fossil fuel executives and the billionaire class who stand in the way of climate action. We need a president who welcomes their hatred. Bernie will lead our country to enact the Green New Deal and bring the world together to defeat the existential threat of climate change,” the text says.
“Just transition” for oil workers
The plan, in which “fossil fuel” appears 82 times, mostly in the negative context, envisions “a just transition” for workers employed in the fossil fuel industry.
“This plan will prioritize the fossil fuel workers who have powered our economy for more than a century and who have too often been neglected by corporations and politicians. We will guarantee five years of a worker’s current salary, housing assistance, job training, health care, pension support, and priority job placement for any displaced worker, as well as early retirement support for those who choose it or can no longer work,” the plan reads.
Who will pay for it?
“We cannot accomplish any of these goals without taking on the fossil fuel billionaires whose greed lies at the very heart of the climate crisis. These executives have spent hundreds of millions of dollars protecting their profits at the expense of our future, and they will do whatever it takes to squeeze every last penny out of the Earth,” Sanders’ manifesto reads. It adds: “Bernie promises to go further than any other presidential candidate in history to end the fossil fuel industry’s greed, including by making the industry pay for its pollution and prosecuting it for the damage it has caused.” According to the text, the plan would pay for itself over 15 years, by among others, making the fossil fuel industry pay for pollution, through litigation, fees, and taxes, and eliminating federal fossil fuel subsidies, and collecting new income tax revenue from the 20 million new jobs created by the plan. “As president, Bernie will…make the fossil fuel industry pay for their pollution by massively raising taxes on corporate polluters’ and investors’ fossil fuel income and wealth; Raising penalties on pollution from fossil fuel energy generation…Prosecute and sue the fossil fuel industry for the damage it has caused…End fossil fuel subsidies…Keep fossil fuels on public lands in the ground…Ban offshore drilling…end all new federal fossil fuel infrastructure permits.”African Petroleum, Petronor To Merge Next Week As Final Hurdle Cleared
Independent oil and gas exploration firm African Petroleum has said it has crossed the final hurdle ahead of its proposed merger with a privately held Africa-focused company PetroNor.
Oslo Axess-listed African Petroleum agreed to combine with PetroNor for an all-share consideration of around 816 million shares in African Petroleum in March 2019.
African Petroleum had late in June said that “that documentation required by Oslo Børs to confirm the listing status of the combined company was still being finalized. “
This has now been completed as the company on Friday said: “African Petroleum advises that Oslo Børs today has confirmed that the company will retain its listing on Oslo Axess following completion of the Transaction.”
The company said: “…subject to the fulfillment of the conditions for completion as further set out in the extended stock exchange announcement, completion is now targeted to occur during next week.”
Eyas Alhomouz, Chairman Designate of the combined company, said: “We are delighted to have received this approval, representing the final material condition to complete the merger of the two companies.
The Board and management team of the enlarged Company are excited to formalize the merger and look forward to setting in motion the strategies designed to deliver material and sustainable value for the Company’s shareholders.”
Jens Pace, CEO of African Petroleum, commented: “This is an exciting development. We look forward to closing the final chapter as African Petroleum and starting our new story as PetroNor E&P – a company underpinned by reserves and steady production, an experienced team and a well-defined strategic vision to achieve long-term growth.”
As previously reported, PetroNor holds a 10.5% indirect interest in the PNGF Sud fields and the right to negotiate entry into a 14.7% indirect interest in an exploration license covering the PNGF Bis fields, both offshore Congo.
African Petroleum has said that the merger would provide it with diversified, low-risk, long-life, and high-quality producing assets with current net production of around 2,300 bbl/d and medium-term exploration upside in a well-established operating jurisdiction, the firm said.
The company has also said that the deal would enable it to strengthen its ability to preserve and develop the company’s portfolio in The Gambia and Senegal through access to PetroNor’s existing cash, future cash flow, and assets with additional debt capacity.
The Gambia and Senegal arbitration
The situation with offshore assets in The Gambia and Senegal is a complex one with arbitration underway for several of the company’s assets there.
Namely, oil major BP earlier in May struck an offshore exploration deal with the Gambian government for Offshore Block A1, previously held by African Petroleum.
The Gambian government in 2017 said it had ended talks with African Petroleum for the extension of exploration rights over blocks Block A1 and Block A4, stripping the company of its rights in the blocks.
The company replied by stating that it still reserved its rights in relation to the A1 license and would continue with its efforts to protect its interest in the A1 license through an ongoing ICSID arbitration process which also includes arbitration for the A4 license.
In Senegal, operatorship over Rufisque Offshore Profond block was awarded to Total after it was taken away from African Petroleum. The company also initiated an arbitration process last year over its rights there as well as over the Senegal Offshore Sud Profond block.
Tullow To Spud Joe-1 Well Off Guyana ‘In The Coming Days’
Following a recent oil discovery at the Jethro well offshore Guyana, oil firm Tullow is set to spud the second well, Joe-1, within days.
Eco Atlantic, Tullow’s partner in the Orinduik block where the Jethro-1 discovery-180.5 feet (55 meters) of net high quality oil pay – was made, said the drillship is currently moving to the Joe-1 location.
Gil Holzman, President and Chief Executive Officer of Eco Atlantic, said on Friday:” [ Jethro-1 discovery] was the first well of our 2019 drilling program and begins a period of significant exploration activity.
“The drillship is on its way to our next target in Guyana, Joe-1, where we will, together with our partners Total and Tullow Oil (operator), commence the spudding of our second well in the coming days and expect to have results in the second half of September.”
The Joe-1 location, in a water depth of 650 meters, is a shallower target and is expected to spud by the end of August 2019, using the Stena Forth drillship.
As for the discovery made, Tullow is currently evaluating the data from the Jethro discovery to determine appropriate appraisal activity expected in 2020.
Tullow is the operator of the Orinduik block with a 60% stake. Total holds 25% with the remaining 15% being held by Eco(Atlantic) Guyana Inc.
Guyana has been placed on the offshore oil exploration map following a series of large oil discoveries by ExxonMobil in the past three years at the Stabroek offshore block.
Tullow is hoping to replicate ExxonMobil’s success, as the Orinduik block is located next to Exxon’s Stabroek block where more than a dozen discoveries have been made.
Guyana is set to become an oil-producing nation in March next year upon the arrival and the hook-up of the Lisa Destiny PFSO to Exxon’s Lisa field.
The FPSO is expected to reach Guyana in September and will be deployed at Exxon-operated Liza field as part of the first phase of the development offshore Guyana. First oil is expected in the first quarter of 2020.
The Liza field is expected to start producing up to 120,000 gross bopd by the first quarter of 2020. The first phase is expected to develop around 500 million barrels of oil.
The FPSO, the first of several to be deployed in Guyana, will be spread moored in a water depth of 1,525 meters and will be able to store 1.6 million barrels of crude oil.
Guyana has been placed on the offshore oil exploration map following a series of large oil discoveries by ExxonMobil in the past three years at the Stabroek offshore block.
Tullow is hoping to replicate ExxonMobil’s success, as the Orinduik block is located next to Exxon’s Stabroek block where more than a dozen discoveries have been made.
Guyana is set to become an oil-producing nation in March next year upon the arrival and the hook-up of the Lisa Destiny PFSO to Exxon’s Lisa field.
The FPSO is expected to reach Guyana in September and will be deployed at Exxon-operated Liza field as part of the first phase of the development offshore Guyana. First oil is expected in the first quarter of 2020.
The Liza field is expected to start producing up to 120,000 gross bopd by the first quarter of 2020. The first phase is expected to develop around 500 million barrels of oil.
The FPSO, the first of several to be deployed in Guyana, will be spread moored in a water depth of 1,525 meters and will be able to store 1.6 million barrels of crude oil.
Africa’s Energy Problems Will Be Resolved By Private Sector If-Energy Expert
The energy challenges the African continent is currently facing are going to be solved by entrepreneurs or private sector players and not governments.
This is according a Ugandan-based entrepreneur and project coordinator at Power Africa, Dominic Mark Mugisha.
He argued that it is going to be difficult for African governments to be able to resolve power challenges without private sector players because it requires a lot of money.
In his view, entrepreneurs or the private businesses are the ones who have the resources and technology to turn things around, stressing that what the private sector players need is for government to create enabling environment by removing certain bottlenecks that frustrate and impede the efforts of the private sector players.
“We want a clear regulatory framework. We want certainty. There should be clear guidelines and we want prompt response to our requests from regulators,” he stated.
Sharing his experience with participants during a panel discussion at the IEEE Power Africa Conference, in Abuja, Nigeria, Mr Mugisha, whose company is into mini-grid development, enumerated a number of challenges they go through to get things done.
He said in the past, it could take one between two or more years to get a permit to start a solar power project in Uganda.
He, however, said the situation is changing.
“Because of the proactive engagement between industry players and the regulatory the time has now reduced tremendously. We can now get a project licence or permit in about six or eight months, depending on the project side,” he explained.
He said the private sector knows how to use the latest technology and resources to address energy challenges and urged governments in Africa to do well to make things easier for them.
Suleiman Yusuf, founder of Blue Camel Energy, Nigeria, and CEO of REI, Cameroon, Jude Numfor, were other panel members who shared their experiences as entrepreneurs in the energy sector in their respective countries.
Source. www.energynewsafrica.com/courtesy: Energy Commission of Ghana


