Top Stories

TotalEnergies is targeting a final investment decision on the Orange Basin discovery by late 2026, having moved it once from late 2025. Revised projections put output around 150,000 barrels a day, and the reservoir’s gas content is among the reasons the timetable slipped.

Four bids totalling around 2,800MW were submitted against a 2,000MW target when the window closed on 29 May. IPP Office head Precious Edward has said the programme remains on the timeline communicated to the market, which put preferred bidders roughly three months after close.

Luanda has selected Société Maghrébine de Génie Civil to build and operate a line connecting Angola to the Southern African Power Pool, the first private transmission investment since Angola amended its general electricity law in January. Around 2GW would run toward the Copperbelt mining corridor rather than to Kinshasa.