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Global Energy Advisory - 3rd October 2014

Licenses & Tenders

•    Shell and Statoil have been awarded the Timissit Permit License in the Illizi-Ghadames Basin onshore Algeria. This was the first licensing round in Algeria since the 2013 attack on the BP/Statoil Amenas gas facility. The license area is in southeastern Algeria and covers 2,730 square kilometers. Statoil oil is the operator with a 30% interest, while Shell holds a 19% interest, with the largest share, 51%, held by Algeria’s state-run Sonatrach. This is a shale gas play that could be significant for Europe.

•    France’s Total SA has been awarded a license to explore for natural gas in the Nile Delta, offshore Egypt.

•    Edgo Energy has secured licenses for two blocks (Qarordon and Surkhsimo) in Tajikistan, close to the Tajik-Afghan border and part of the proven Tajik hydrocarbon basin. The Surkhsimo license area has produced gas and is connected by pipeline to the Tajik capital, Dushanbe. Wells have been drilled in both blocks, testing a mixture of gas and oil. Edgo is focused on the Middle East, Africa and Asia.

•    A new arrival on the oil and gas scene, UK-based Delonex Energy Limited, has acquired two oil exploration blocks in the Ogaden basin, eastern Ethiopia. The license area covers blocks 18, 19, and 21, located in the Abred-Ferfer area, with a total area of 29,865 square kilometers.

Discovery & Development

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