Chariot Ltd Share News (CHAR)

IN BRIEF: Chariot takes 25% stake in new South Africa power trader

Chariot Ltd - London-based, African-focused company working on energy transition and green hydrogen projects - Takes 25% interest in Etana Energy (Pty) Ltd, a new South African company that has been granted an electricity trading licence by the National Energy Regulator of South Africa. The licence allows Etana to buy and sell electricity on the national transmission grid and within some municipal areas. The remainder of Etan is owned by the Neura Group with 49%, H1 Holdings with 21%, and Meadows Energy with 5%, all with experience of the South African electricity market, Chariot says.

TRADING UPDATES: VSA Capital backs outlook; Zephyr starts drilling

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Chariot enters Morocco hydrogen pilot collaboration

(Sharecast News) - Africa-focussed energy group Chariot announced on Friday that it had agreed to collaborate with Mohammed VI Polytechnic University (UM6P) and Oort Energy on green hydrogen pilot projects in Morocco.

Chariot expands to Morocco with green hydrogen partnership deal

(Alliance News) - Chariot Ltd on Friday said it was looking forward to expanding its work beyond Mauritania, as it entered a partnership to collaborate on green hydrogen pilot projects in Morocco.

TRADING UPDATES: Epwin lifts interim payout; Anpario profit falls

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Chariot inks tie-in deal to secure Moroccan pipeline access

Chariot Ltd - Devon, England-based transitional energy company focused on Africa - Signs a pipeline tie-in agreement with the Office National des Hydrocarbures et des Mines securing access to Maghreb Europe gas pipeline in Morocco. The pipeline, which is owned and operated by ONHYM, runs from eastern Morocco through to Tangiers and across to Spain. Says the agreement will enable the gas produced from the Anchois gas project, offshore Morocco, to be transported via the GME to different potential offtakers.

Chariot working with Total Eren at Mauritania green hydrogen project

(Alliance News) - Chariot Ltd and Total Eren on Tuesday announced a feasibility study to co-develop the Nour project, a large scale green hydrogen project in Mauritania.

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Angle hails study find; Eqtec buys plant in France

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Chariot reports 'material upgrades' to Morocco portfolio

(Sharecast News) - Chariot announced the results of independent assessments on its gas resources offshore Morocco on Wednesday, incorporating the results of the recent successfully-drilled Anchois-2 appraisal and exploration well.

Air Products, Gunvor plan to build hydrogen terminal in Rotterdam

AMSTERDAM, June 28 (Reuters) - Air Products and Gunvor have signed a joint development agreement to build a green hydrogen import terminal in Rotterdam port by 2026, they said on Tuesday.

IN BRIEF: Chariot narrows loss in 2021 as operating expenses fall

Chariot Ltd - Devon, England-based transitional energy firm focused on Africa - Narrows annual loss in 2021 on falling operating expenses. Annual pretax loss reduces to USD7.0 million from USD70.6 million in 2020. Operating expenses fall to USD6.4 million from USD71.1 million. Regarding its future, firm is focused on its strategic partnering in Morocco to "accelerate growth from a portfolio of high value, low risk upsides". "Green hydrogen is predicted to play a vital role in the global energy transition," it says.

Chariot inks deal with Schlumberger and Subsea 7

(Sharecast News) - Chariot has signed a front-end engineering and design (FEED) with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco, it announced on Monday.

IN BRIEF: Chariot signs engineering and design agreement for Anchois

Chariot Ltd - Devon, England-based transitional energy company focused on Africa - Signs a front-end engineering & design agreement for the Anchois gas development project in Morocco. Signs agreement with US oilfield services company Sclumberger Ltd and subsea engineering firm Subsea 7 SA as part of a consortium. The scope of the agreement covers, but is not limited to, work for offshore and onshore components, and the generation of deliverables such as engineering and installation. Beyond this agreement, Chariot is managing the additional FEED scopes required for development to deliver gas to customers.

IN BRIEF: Chariot raises USD29.5 million to fund projects and pipeline

Chariot Ltd - Devon, England-based Africa-focused transitional energy company - Raises USD29.5 million through an oversubscribed placing, subscription and open offer. Net proceeds will be used to advance the engineering and design of the Anchois Gas Development project and to progress its renewable power pipeline.