TotalEnergies

Mozambique
ExxonMobil reorganises its staff as Rovuma shifts to 100% offshore

The US major does not intend to leave more than 100 trillion cubic feet of gas in the depths of the Mozambique Channel. To extract them, a new crack team of executives is at work to overturn the company's initial choices.

Australia, Morocco, Western Sahara
OCP resumes Western Sahara phosphate exports to Australia

Faced with supply difficulties linked to Russia's war on Ukraine, the Australian fertiliser producer Incitec Pivot has restarted its imports of phosphates from the Boucraa mine in the Sahara, operated by OCP. It had stopped sourcing there in 2016, after protest from Scandinavian shareholders.

Namibia
Chevron's Orange Basin acquisition is part of wider Namibia strategy

The acquisition of Block 2813B by Chevron, which is expected to be announced soon, is the first step in the US oil major's wider strategy to conquer Namibia.

Mozambique, South Africa
South Africa looks to Maputo for its medium-term gas needs

The Matola LNG import terminal project, on the outskirts of Maputo, is progressing quietly. Pretoria, which has no alternative medium-term solution for importing gas, should be the main beneficiary.

DRC
Oil giant ADNOC deploys supertankers to boost trade in Africa

The Emirati firm has since 2018 been strengthening and diversifying its oil trading business, including by poaching staff from TotalEnergies. Since the invasion of Ukraine, it has been making inroads in Africa by dispatching supertankers to countries with no storage capacity of their own.

Namibia
Noronex expands foothold in Kalahari copper

Less known than its fellow Australians Rio Tinto and Sandfire Resources, the mining firm Noronex Resources is expanding in the Namibian Kalahari with five new permit applications in the pipeline. By early 2023, the company should have over 70,000 hectares to explore in this disputed copper region.

Namibia
TotalEnergies and Shell step on the gas in Orange Basin

A second TotalEnergies well, called Venus-2, is expected to begin drilling in Namibia's Orange Basin in the coming weeks.

Central African Republic
Fuel shortages persist in Bangui

Fuel shortages remain acute in Central African Republic, despite the recent arrival of barges carrying fuel supplies.

South Africa
PetroSA and oil ministry feel industry pressure over South Africa petroleum bill

With the adoption of a new oil law still far off, companies are losing patience - and missing no opportunity to take the state oil company and energy ministry to task over the project.

Somalia
Somali officials apologise to ousted UN envoy Haysom in political ploy

The South African diplomat Fink Haysom was declared persona non grata in Somalia by the former president Farmajo in 2019. Some regional officials have now apologised to him, in an apparent ploy to undermine South West state president Abdiaziz Laftagareen.

Uganda
Museveni fears fuel shortage after turning down Russian oil

Under pressure from the United States, Uganda has declined to import fuel from Russia, but its reserves are now getting dangerously low.

Angola
Oil minister gives official approval to Somoil's acquisitions in blocks 14 and 14T

Le ministre du pétrole Diamantino Azevedo a entériné le 8 septembre le rachat par la junior angolaise Somoil des participations du japonais Inpex et du français TotalEnergies sur les blocs 14 (20 %) et 14T (10 %).

Algeria
Three subcontractors bid for polypropylene Arzew plant deal

TotalEnergies and Sonatrach have received offers from three international subcontractors for work on the polypropylene facility project. The plant, so crucial to the Algerian state, is running behind schedule.

The New Guard
Guinea, Cameroon, Egypt and Zimbabwe

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

GuineaMoussa Moise Sylla, the former journalist who earned Doumbouya's trust

CameroonGuy Gweth, catalyst of Francophone economic intelligence

EgyptRami El-Dokany, from the Arab Federation of Capital Markets to the Egyptian Exchange.

ZimbabweJoana Mamombe, a youthful asset for Nelson Chamisa's presidential ambitions.

Libya
TotalEnergies still battling to get Libyan green light for Hess stake in Waha

Ten months after announcing it had increased its stake in Waha via the purchase of half of Hess's shares in the concession, the French oil major is still struggling to get Libya's oil ministry to give the deal its green light.

Cameroon
Chinese-made motorway price tag raises eyebrows in Douala

The Kribi-Lalobé motorway, Cameroon's first-ever toll road, has been up and running smoothly for a month. It cost $453m to build.