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Africa Energy Intelligence /
N°711 - Paris,
Editor in Chief
Oil and Politics still bed fellows
With the discovery of huge gas reserves in Mozambique (some estimates put them at 180 TCF), oil companies are now turning their attention to Madagascar. However, the political climate on the island just a month before the run-off in the presidential election isn’t exactly favourable to them.
Sinopec pops champagne corks
The drop in Algeria’s oil output over the past five years appears to have prodded the authorities into taking action.
Seplat bets on buy before IPO
The Nigerian oil company has postponed a listing on the stock exchange in the hope of buying some of Chevon’s assets in the Niger Delta.
OGS’ logistics deal with Petromoc
New players in the oil services industry are moving into ports in East Africa to handle gasoline supplies.
Vanoil vs Kigali, a tough call
A conciliation proceeding launched by the Canadian firm augurs badly for exploration in the country with largely unknown geological characteristic. An amicable settlement could come.
Présidential pals for Heritage
A field for the king of Nembe
Flaunting his title as king of Nembe, a former oil adviser to Olusegun Obasanjo is trying to buy an oil field from Shell that lies on his community’s territory.
Peters seeks upstream venture
The Nigerian trader Benedict Peters is in the running to buy several of Shell’s licences.
Okay for CNPC export push
The Chinese major has won a green light from Niger’s authorities to develop numerous fields whose output will be earmarked for exportation.
Sasol joins the new party
Long deserted by the big oil companies, South Africa’s offshore is suddenly the centre of much attention.
Thumbs up from Biya for Victoria
The British company has won the official support of Cameroon’s president and the regime’s dignitaries for its development work on the Logbaba field.
Gas could calm border spat
Ivory Coast’s energy and oil minister, Adama Toungara, met his Ghanaian counterpart Emmanuel Buah in Abidjan on Nov. 6 to resume talks on the maritime boundary dispute between the two nations.
Consultant sought for Inga 3
With studies on the huge Inga 3 dam project piling up, Congo-K needs to quickly find a consulting firm to pin down the technical and financial choices once and for all.
ContourGlobal wants guarantee
A guaranteed supply of gas for the Abatta power plant ought to enable the American firm to start construction work on it quickly.
EDF still bidding for Mphanda
The meeting between French president Francois Hollande and his Mozambican counterpart Armando Guebuza on Sept. 27 seems to have borne fruit:
The acting managing director of Petroleum Agency of South Africa, Lindiwe Mekwe, could well be the last to run the institution that awards oil and gas blocks in the country.
An adviser to the board of directors of Jacka Resources, Bob Cassie, will shortly take over as managing director of the company.
According to our sources, Tullow Oil is to appoint a managing director of its affiliate Tullow Guinea Ltd. in December.
Onno van Kassel
Shell’s executives travel regularly to Maputo to try to root out market opportunities. According to our sources, Onno van Kassel, an official in charge of new gas liquefaction business, was in the Mozambique capital in mid-November to meet with the authorities (from ENH, INP and the mineral resources ministry) as well as with aides from private companies.
Libya Oil & Gas Corp.
Trading dams for minerals
The governor of West Kasai province, Alex Kande, and the managing director of China Railways Engineering Corporation Seventh Group (CREC-7), Li Shanyu, signed a memorandum of understanding
Kenya as future oil producer
Nairobi has every reason to celebrate. Indeed, the country is all but certain to become an oil producer before the end of the current decade.
Sapetro gets French nod
Nigeria’s South Atlantic Petroleum Co. (Sapetro) and the American firm Marex, have had to wait for nearly two years to win a green light from the French government to buy into the
Waiting game for oilmen
For some weeks Sonatrach and ALNAFT have been receiving appeals for clarification about the implementation of amendments to oil legislation adopted by Parliament in 2012.
Herbert Smith Freehills
Yaounde picks its judge
Cameroon has chosen its judge in the arbitration proceedings pitting it against the American oil company RSM, which picked its defender last month (AEI 710).
Guarantee for power plant
Lying on the outskirts of Benin City, the capital of Edo state, a future, 450 MW private power station at Azuro-Edo is expected to become the first to profit from a huge project by
Auction drums up $2 billion
The latest auction of Shell’s stakes in the Niger Delta is generating offers worth $2 billion, a lot higher than the sell-off organized by Chevron which nonetheless topped the $1.
ERDB to finance Kulczyk
With its remit now expanded to take in North Africa, the European Bank for Reconstruction and Development (EBRD), which initially focused on the East European nations, is financing
Mahaman Laouan Gaya
Tug of war between Addax and GOC on Obangue
Shell spearheads drive for shale gas
Shell vs Malabu: The OPL 245 Saga
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