N°675 - Paris, 16/05/2012
Philippe Vasset
NAMIBIA Editor in Chief
Local firms want share in potential bonanza
Namibia’s offshore, which some experts consider a geological match with the rich sedimentary basin in Brazil’s territorial waters, has only recently seen the influx of a few majors like BP and Petrobras along with some adventurous explorers such as Chariot Oil & Gas and HRT Oil & Gas. (...)   [693 words]   [$11,2]
   
 
GUINEA
Hyperdynamics under close watch
   Advisers of president Alpha Conde are keeping a close eye on efforts by the U.S. explorer Hyperdynamics to raise funds, and even examining alternatives if it fails. (...)
 [346 words]   [$7]
 
 
NIGER
Chariot sets new firm in play
   The board of Chariot Oil & Gas, which is active in Namibia, has discreetly founded a new explorer, Helios Oil & Gas.  (...)  [269 words]   FREE
 
ANGOLA/CONGO-K
Chevron in the thick of fray
   The American major is more than ever at the center of an oil dispute between Congo-K and next-door Angola.  (...)  [331 words]   [$7]
EAST AFRICA
Ophir’s conundrum over Dominion
   Ophir’s acquisition of Dominion at the end of the last year amounted to a major coup for the company in East Africa. But it also brought some headaches.  (...)  [389 words]   [$7]
GUINEA BISSAU
Bucharest drawn by troubled areas
   Romanian businessman are steadily advancing on Africa’s oil scene. They seem to have a penchant for the most unstable countries.  (...)  [223 words]   [$7]
ALGERIA/LIBYA
Mending the oil fences
   Algeria’s Sonatrach has been one of the last foreign companies to return to Libya. The reason was the new Libyan government’s misgivings concerning Algiers.  (...)  [270 words]   [$7]


IVORY COAST
PetroCI to exercise option on Lion?
   Afren has been in talks for over a year to sell its stakes on the CI-11 block and the Lion plant to Ivory Coast’s CIPEM. But the national oil company has burst onto the scene.  (...)  [229 words]   [$7]
IVORY COAST
Geogas lines up bid for Oryx
   With the equity fund Emerging Capital Partners (ECP) engaged in exclusive negotiations for the acquisition of Addax-Oryx, Geogas has barged into the process and is eyeing the trader’s Ivory Coast assets.  (...)  [259 words]   [$7]

Abuja    Uncertainty over tie between Conoco and Shell
 [92 words]   [$2,1]
Luanda    New delay on Angola LNG
 [113 words]   [$2,1]
NIGERIA
New stakeholder for Brass
   With less than six months to go before the final investment decision on the Brass LNG project (AEI 673), ConocoPhillips has put its 17% stake in the future liquefaction plant up for sale.  (...)  [216 words]   [$7]

CONGO-K
The prime minister and his dams
   Each new prime minister in Congo-K tends to promote a dam in his native region. Will a power station at Kamimbi benefit from the appointment of a new government?  (...)  [184 words]   [$7]
BURUNDI
Which Indian firm will prevail?
   The future Kabu 16 power plant in Burundi will be built by India. The question now is which company will get the nod.  (...)  [258 words]   [$7]

Lilongwe    Cahora Bassa to the rescue in energy crisis
 [96 words]   [$2,1]
BOTSWANA
Decision on knife-edge for Sese
   The moment of truth is fast approaching for a project for a 600 MW power plant that an Australian junior, Africa Energy Resources (AER), is promoting in the Francistown region of Botswana.  (...)  [306 words]   [$7]

MADAGASCAR
Zhang Kaiyong
   The Chinese firm Sunpec, which operates in Madagascar, has changed its name after being totally bought out in June, 2011 by Yanchang Petroleum Group, which is controlled by the Chinese province of Shaanxi.  (...)  [151 words]   [$7]
 
CONGO-K
Bruno Kapanji Kalala
   Like his predecessor Gilbert Tshiongo, Congo-K’s new electricity minister is very much a power industry man. Up until his recent appointment, Bruno Kapanji Kalala had been permanent secretary of the Central African Power Pool (CAPP) since 2003.  (...)  [156 words]   [$7]
 
AFRICA
Leslie Blair
   The board of directors of the American firm ERHC has been re-elected for two years as the company, headed by Peter Ntephe, is endeavoring to diversify into the Sahara region by acquiring acreage in Chad and Niger.  (...)  [145 words]   [$7]
MALAWI
Cassim Chilumpha
   Malawi’s new president, Joyce Banda, has appointed Cassim Chilumpha, who served as the country’s vice president between 2004-2009, as Malawi’s new mines and energy minister.  (...)  [132 words]   [$7]

LIBYA
AGOCO
 [109 words]   [$2,1]
 
LIBERIA
NOCAL
 [120 words]   [$2,1]
 
SUDAN
Sudapet
 [104 words]   [$2,1]

MADAGASCAR
Three vie to woo investors
   Officials in charge of Madagascar’s oil policy are each making the most of their connections abroad to boost the island’s petroleum prospects.  (...)  [192 words]   [$2,1]
CONGO-K
River in urgent need of dredging
   Bids by companies seeking contracts to dredge water leading to the Inga dam have been piling up on the desk of Congo-K’s energy ministry.  (...)  [215 words]   [$2,1]
 
SUDAN
War to cost Khartoum a mint
   Khartoum’s armed conflict with forces from South Sudan in the Heglig area (blocks 2 and 4) is going to prove expensive.  (...)  [155 words]   [$2,1]
 
NIGER
A complete oil audit
   According to our sources, Niger’s government is poised to kick off a complete audit of the country’s oil sector in June.  (...)  [125 words]   [$2,1]

MALAWI
Whitaker Group
 [104 words]   [$2,1]
 
AFRICA
Ashurst
 [100 words]   [$2,1]
 
NIGERIA
Joseph Warin
 [109 words]   [$2,1]

CONGO-K
Fresh cash from World Bank
   Having already put up $177.5 million in 2003 and a further $180.  (...)  [223 words]   [$2,1]
NIGERIA
BNP advises Conoco
   The U.S. oil group ConocoPhillips has retained the French bank BNP Paribas to sell off its assets in Nigeria.  (...)  [155 words]   [$2,1]
 
NIGERIA
Bribing or facilitating?
   Charged in February by the Securities & Exchange Commission (SEC), the American stock market watchdog, James Ruehlen, the current boss of Noble Drilling in Nigeria, has decided to  (...)  [194 words]   [$2,1]
 
ALGERIA
Anadarko deal still in air
   Even though Sonatrach reached a compromise with Anadarko and Maersk on the windfall tax in March (AEI 671), the two groups are still engaged in arbitration proceedings with Algiers  (...)  [131 words]   [$2,1]

Paris
Michael Blaha
 [97 words]   [$2,1]
 
Malabo
Randolph McClain
 [66 words]   [$2,1]
 
Douala
Neil Kendrick
 [66 words]   [$2,1]

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