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Philippe Vasset
NIGERIA Editor in Chief
OIL WATERS UNRUFFLED
The supposed putsch in Nigeria on Dec. 21 stirred some media interest but only briefly. From the oil standpoint, however, the re-appearance of oil minister Don Etiebet in the government formed on Dec. 16 when he had been scheduled to step aside for the director of his ministry, Mohammed Jega, appeared far more significant. (...)   [687 words]   [$11,2]
OIL & GAS
NIGERIA
OIL WATERS UNRUFFLED
   The supposed putsch in Nigeria on Dec. 21 stirred some media interest but only briefly. From the oil standpoint, however, the re-appearance of oil minister Don Etiebet in the government formed on Dec. 16 when he had been scheduled to step aside for the director of his ministry, Mohammed Jega, appeared far more significant.  (...)  [687 words]   [$11,2]
ANGOLA
SECOND GIANT FOR CHEVRON
   Chevron and its partners in the Cabinda offshore had every reason to celebrate this Christmas. The California-based group announced a second "giant" discovery after the D14-2X well on the Kuito field which was initially announced in March and was estimated as having reserves of at least one billion barrels.  (...)  [395 words]   [$7]
ANGOLA
ACCORD ON SEMI-SUB FOR GIRASOL
   Elf signed a long-awaited letter of intent in mid-December with Sedco Forex for a second long term contract concerning drilling on Girasol and, beyond that, for exploration and development elsewhere in Angola's rich block 17.  (...)  [1088 words]   [$7]
CAMEROON
THREE LICENCES IN TWO WEEKS
   The Societe Nationale des Hydrocarbures (SNH) last week announced an agreement allowing CMS Nomeco and Globex Cameroon to operate on the offshore blocks 1 to 6 in the Douala basin, with Nomeco as operator.  (...)  [214 words]   [$7]
NIGER
IMF PUSHES FOR EXPLORATION
   The timetable for Niger's structural adjustment program approved by the IMF calls for initiatives to identify "high potential areas" for oil exploration.  (...)  [248 words]   [$7]
ERITREA/TUNISIA
AGIP IN ERITREAN OFFSHORE
   Agip celebrated the Christmas holidays with a few days in advance by signing a stake-swap agreement with Anadarko that will give it a foothold in acreage awarded in two stages to the American company in the Eritrean offshore.  (...)  [393 words]   [$7]
GUINEA BISSAU/SENEGAL
AGC OPTIONS FOR JUNIORS
   Two little-known companies that, to our knowledge, haven't yet worked in Africa have signed an agreement with the Agence de Gestion et de Cooperation entre la Guinee-Bissau et le Senegal (AGC).  (...)  [742 words]   [$7]

AT A GLANCE
ALGERIA    DISCOVERY ON TINHERT LICENCE
 [142 words]   [$2,1]
CANADA    HIGH ISLAND IX TO TAKE OVER FROM ROY BUTLER FOR CHEVRON
 [139 words]   [$2,1]
CONGO    KITINA ON STREAM
 [86 words]   [$2,1]
CONGO - B/GABON    ARCO TO RING IN 1998 WITH ITS TOLO-OTITI WELL
 [154 words]   [$2,1]
CONGO - B/GABON    FORCENERGY DRILLS SECOND PROSPECT ON PHENIX MARIN
 [98 words]   [$2,1]
CONGO - B/GABON    OCELOT STARTS PRODUCING
 [106 words]   [$2,1]
CONGO - B/GABON    PIONEER O&G ACQUIRES OLD Q93 BLOCK
 [93 words]   [$2,1]
IVORY COAST    RANGER NOW OPERATES ON FIVE BLOCKS
 [94 words]   [$2,1]
IVORY COAST    IFC LOAN FOR FOXTROT
 [51 words]   [$2,1]
NIGERIA    WESTERN ATLAS SIGNS TWO YEAR CONTRACT WITH FORAMER
 [45 words]   [FREE]
LIBYA    ELF SEEKS SEMI-SUB FOR 18 MONTHS
 [84 words]   [$2,1]
ELECTRICITY
GHANA
POWER-SHEDDING IN JANUARY
   Power shedding is going to become widespread on Ghana's electricity grid in January. It began in July at the same time as a new rise in rates was postponed and when a low water level  (...)  [242 words]   [$7]
NIGER
PRIVATIZATION UNDERWAY IN MAY
   Invitations to tender for the privatization of Niger's power sector, and specifically the operating concession for Nigelec, will be issued in May under a timetable established as part  (...)  [254 words]   [$7]
BURKINA FASO
PRIORITY TO ENERGY EFFICIENCY
   A number of efforts will be carried out in Burkina Faso in 1998 to reduce energy costs. A major drive is to begin in June with the start of a study on energy efficiency that will  (...)  [208 words]   [$7]

AT A GLANCE
BENIN    LOAN FOR TRANSMISSION LINE IN NORTH
 [141 words]   [$2,1]
IVORY COAST    INVITATIONS TO TENDER FOR IVORY COAST-MALI LINE
 [64 words]   [$2,1]

MINING
SOUTHERN AFRICA
NEW FACILITY FOR DUFERCO
   Duferco plans to commission a plant it is building downstream from the ISCOR's new steel works (hot rolling) at Saldanha Bay as soon as the latter comes on line at the end of 1998  (...)  [432 words]   [$7]
CANADA
ANVIL TO WIDEN EXPLORATION
   Australia's Anvil Mining company, which has a 12,900 sq.km. concession in Shaba near the Zambian border -- and which includes the Dikilushi mine -- appears to be targeting a second  (...)  [466 words]   [$7]
CANADA
A RED LIGHT FROM SPOORNET
   Katanga's mining industry is likely to remember New Year's Day, 1998 for a long time barring a last-minute -- and unlikely -- about-face by the Kinshasa government regarding Spoornet's  (...)  [576 words]   [$7]
KENYA/TANZANIA
TANGANYIKA BUYS PANORAMA
   Falling gold prices have forced two Australian companies with interests in Africa, Panorama Resources and Tanganyika Gold, to merge. Panorama holds a major gold exploration licence  (...)  [356 words]   [$7]

AT A GLANCE
BURKINA FASO    A $25 MILLION TARGET FOR EXPLORATION
 [100 words]   [$2,1]
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