Africa Surveyors November-December 2022 digital issue

Angola and Sierra Leone sign
agreement on oil and gas
collaborations
Angola’s National Agency for Oil,
Gas and Biofuels (ANPG) and Sierra
Leone’s Petroleum Directorate signed
a cooperation agreement at the Angola Oil &
Gas (AOG) 2022 Conference & Exhibition in
Luanda, with a view to establishing a shared
commitment to promoting and intensifying
collaboration across the oil and gas sector
The MoU was signed by Paulino Jerónimo,
president of the ANPG, and Foday Mansaray,
director general of Sierra Leone’s Petroleum
Directorate.
The memorandum of understanding (MoU)
serves to outline opportunities for bilateral
trade and investment; position oil and
gas cooperation as mutually beneficial
economically, technologically, socially and
environmentally for both countries, and
reaffirm stronger economic, cultural and
social ties between Angola and Sierra Leone.
As the largest oil producer on the African
continent, Angola has been on a path of
fostering pan-African energy diplomacy,
executing diplomatic visits to and signing a
series of cooperation agreements with new
and existing hydrocarbon producers across
the region. These agreements have targeted
policy alignment, knowledge sharing and
enhanced trade and investment across
energy and non-energy sectors like.
“The MoU signals new opportunities for
bilateral cooperation across the trade,
energy and economic sectors between
Angola and Sierra Leone. We are proud to
collaborate with the Petroleum Directorate
and are excited for what lies ahead for
both nations. With this agreement, we can
enhance the very industries that will drive
Africa into a new era of economic progress,”
stated Jerónimo.
Sierra Leone, for its part, is seeking to
advance in its nascent oil and gas sector,
having launched a licensing round last
May, offering over 63,000 sq km of highly
prospective acreage. The West African
country is home to a working petroleum
system that was supported by small-scale oil
and gas discoveries, before exploration was
put on pause around 2015-2016.
Eni has signed a contract with Wison
Heavy Industry for the construction
and installation of a Floating Liquefied
Natural Gas (FLNG) unit with a capacity of 2.4
MTPA (million tons per annum). The FLNG will
be deployed offshore the Republic of Congo.
The 380m long and 60m wide vessel will be
anchored at a water depth of around 40m and
will be able to store over 180,000m3 of LNG
and 45,000m3 of LPG. Preliminary activities
have already started, with long lead items
ordered and steel cuts of cryogenic tanks
occurring on Dec. 20.
This facility will be the second FLNG to be
deployed in the Republic of Congo, the first
one being Tango FLNG (0.6 MTPA capacity),
NEWS BRIEFS
Eni to increase LNG production with second FLNG project
offshore Republic of Congo
Kenya targets 30GW of green hydrogen after signing
strategic deal with UK
Kenya targets 30GW of green hydrogen after signing
strategic deal with UK |Image courtesy
Kenya’s President said it aims to
produce 30GW of green hydrogen
production after signing a KES500bn
deal with the UK to fast track green
investments.
The UK-Kenya Strategic Partnership is an
ambitious five-year agreement that aims to
unlock benefits for both countries.
The UK Government will commit KES2bn to
a new guarantee company that will lower
investment risk and unlock KES12bn of
climate finance for Kenyan projects over
the next 3 years, through collaboration with
CPF Financial Services and other private
investors.
The Malindi Solar Expansion will receive
Coral-Sul FLNG, the first floating LNG
facility ever to be deployed in the deep waters
of the African continent. Photo Credit: Eni
with LNG production expected to begin in
2023. With the second FLNG, the overall LNG
production capacity on Marine XII will reach
over 4.5 billion cubic meters per year in 2025.
Both initiatives are part of Marine XII gas
valorization plan, in line with Eni’s strategy to
leverage gas equity.
an additional KES7.5bn
investment. Plans at the 40MW
solar plant, constructed by UK
company Globeleq with finance
from British International
Investment, which was
connected to the grid in
December 2021, will double
the size of Malindi Solar and
add battery storage.
Other investments include
KES425bn in Grand High Falls Dam –
which will generate 1,000MW of hydroelectric
capacity – KES12.5bn in Menengai
Geothermal and KES31bn in United Green
crop and agro-industrial processing system.
President HE William Ruto, addressing
delegates at COP27, said Kenya’s electricity
green is 93% green and outlined the
potential of green hydrogen, before making
the 30GW target.
“There exists in Kenya the opportunity to
produce 20GW of wind power, 10GW of
geothermal electricity, and being at the
equator, considerable amounts of solar
power. In East Africa there is sufficient
hydro-electric potential to produce
100,000MW and if properly exploited,
could generate enough clean energy for the
whole of the continent.”
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November-December issue l 2022 5