Aug 2023: Zenith Energy has abandoned its negotiations with the Ministry of Water and Mines for the Block 1 PSC containing the Sèmè oilfield in shallow water with onshore facilities and a tank farm for processing oil production.
Sep 2022: Zenith Energy requested the award of a 9-year licence to operate offshore Block 1 containing the shallow water Seme oilfield. Attention will be directed towards developing the emerging Cretaceous play extending from Côte d’Ivoire to Nigeria. Zenith will also seek to use existing infrastructure installed in 2015 to restore commercial production at Seme.
No significant news in 2021.
No significant news in 2020.
Sep 2019: MAN Energy Solutions has inaugurated the 127 MW Maria Gleta gas power plant near Cotonou increasing the country’s capacity for electricity generation by over 50%. LNG from Total’s FSRU will eventually ensure a stable gas supply to the plant which will expand to 400MW..
Jul 2019: Total and power utility, Société Béninoise d’Energie Electrique (SBEE), signed an agreement to develop a floating LNG import terminal supplying of up to 0.5 mmmtpa of LNG for 15 years to power plants in Maria Gléta. Imports will begin in 2021.
No significant news in 2018.
No significant news in 2017.
No significant news in 2016.
No significant news in 2015.
Jul 2014: AGR has been awarded a contract to provide Well Project Management services to Hunt Oil for the drilling of one offshore exploration well plus one future option well. The contract includes provision of rig sourcing, drilling engineering, planning, procurement, regulatory requirements and operational support.
Oct 2013: Benin's government hopes oil production will restart in 2014 from the Seme field, offshore block 1 to the east of Cotonou in 40m of water, controlled by South Atlantic Petroleum (SAPETRO). The country started producing oil in the 1970s but ceased in 1998. Tullow Oil is also exploring 4 blocks.