previous Archive n° 287  - 11/22/2000 next  
Philippe Vasset
Oil Editor in Chief
Sonangol Bares its Teeth
In ordering ExxonMobil, the world's leading oil group, to cancel a tender for the development of part of its discoveries on block 15 in Angola's deep offshore, Sonangol ushered in a new phase in its relations with foreign companies in a striking manner. (...)   [673 words]   [$11,2]
OIL & GAS
NIGER
Exploration Rights Offered
   Niger hasn't been explored all that much despite its proximity to oil-rich neighbors Algeria, Libya, Nigeria and Chad. In an attempt to whet the industry's appetite it is now offering exploration rights on four blocks, two of them in the eastern basin and two in the western.  (...)  [308 words]   [$7]
MOROCCO
France Replies for TotalFinaElf
   Questioned recently by a French senator about the Talsinnt find, French foreign minister Hubert Vedrine replied that "since the Skidmore company's estimates weren't considered credible, the TotalFinaElf group didn't bother following up" the matter.  (...)  [230 words]   [$7]
MOROCCO
Lone Star Optimistic
   The horizontal drilling underway on the Talsinnt license operated by Lone Star Energy – affiliate of Skidmore Energy – is advancing normally and tests are expected to begin shortly, the American company informed AEI on Nov.  (...)  [375 words]   [$7]
MOROCCO
New Exploration Contracts
   Three new exploration contracts could be signed by the end of November and a fourth is expected to follow in December, officials in Onarep's oil participations department told AEI.  (...)  [339 words]   [$7]
MAURITANIA
Brimax Hopeful About Block 12
   Mauritania has come into favor with the oil industry, managing recently to woo a number of explorers such as Woodside (AEI 286), Hardman Resources, Dana Petroleum and others.  (...)  [291 words]   [$7]
GABON
34-35 000 bpd for Perenco
   Oil production operated by Perenco in Gabon amounts to 34,000 to 35,000 bpd compared to roughly 32,000 bpd in 1998, the company indicated to AEI.  (...)  [219 words]   [$7]
MOZAMBIQUE
Exploration: Hope Despite Flop
   Mozambique's invitation to tender for 14 offshore blocks in the Mozambique basin and in the offshore part of the Zambezi river delta gave rise to no firm bids even though the closing date was put back from Aug.  (...)  [258 words]   [$7]

AT A GLANCE
LIBYA    New Headway for WLGP
 [183 words]   [$2,1]
NIGERIA    NNPC Pays $9.5 per barrel
 [100 words]   [$2,1]
EQUATORIAL GUINEA    Countdown for Ceiba
 [156 words]   [$2,1]
CENTRAL AFRICAN REPUBLIC    End to Petroca-Cohydro Dispute in Sight
 [86 words]   [$2,1]
GABON    Marathon to Start Producing on Tchatamba West
 [76 words]   [$2,1]
SUDAN    Production Set to Rise to 50,000 bpd
 [89 words]   [$2,1]

WHO'S WHO
MOZAMBIQUE
Guilhermino Fortes
   Exploration manager for Empresa Nacional de Hidrocarbonetos, Mozambique's national oil company, Guilhermino Fortes, has the difficult task of wooing foreign groups to his country at a time when many African nations and producer countries in other parts of the world are doing everything in their power to attract investors.  (...)  [246 words]   [$7]
SOUTH AFRICA
Joggie Heuser
   South Africa's energy sector has undergone radical changes since the collapse of white-rule and further upheaval can be expected in both the power and oil industries.  (...)  [328 words]   [$7]
IVORY COAST
Yves Yao Kouame
   The recent change of government in Ivory Coast has led to several appointments in the oil sector. Energy and mines minister Leon-Emmanuel Monnet (AEI 286) has called on Yves Yao Kouame to take over as new general manager of Petroci, the national oil company.  (...)  [124 words]   [$7]

AGENDA
ALGERIA    Algerian Oil, Gas And Condensates
 [82 words]   [$2,1]
UNITED KINGDOM    Moroccan And Tunisian Petroleum
 [58 words]   [$2,1]
ELECTRICITY
CONGO - K/CONGO - B
SNEL Wants its Money
   The Democratic Republic of Congo's energy minister, Babi Mbayi, and the chairman of Societe Nationale d'Electricite (SNEL), Nestor Mwemena Kamabwe, traveled across the river to Brazzaville  (...)  [427 words]   [$7]
ERITREA
Turning the Lights On Again
   A project by the European Development Fund to rehabilitate transmission lines, sub-stations and power distribution in the area around Massaoua port could get off the ground with the  (...)  [360 words]   [$7]

AT A GLANCE
ALGERIA    Four Billion Dinars for Rural Electrification
 [119 words]   [$2,1]
SOUTH AFRICA    Distribution Shakeup
 [81 words]   [$2,1]

STRATEGIES
ALGERIA
Petro-Canada Digs In
   Petro-Canada appears unswerving in its commitment to its gas development program in Algeria following its finds on the Tinrhert license, and particularly Timellouline South (TMLS)  (...)  [355 words]   [$7]
LIBYA
All Eyes on Libyans
   Libya is determined to become the world's leading host country for investment in the oil industry, Ahmed Abdel-Karim, current head of the National Oil Corporation (NOC) told a seminar  (...)  [308 words]   [$7]

AT A GLANCE
SOUTH AFRICA/ALGERIA    Soekor's Cooperation with Sonatrach
 [128 words]   [$2,1]
SOUTH AFRICA    Growth Strategy for Energy Africa
 [94 words]   [$2,1]
GHANA    Nuevo Reduces Stake on Accra-Keta
 [89 words]   [$2,1]
SOUTH AFRICA    Gas Cooperation
 [99 words]   [$2,1]

LEGAL ISSUES & FUNDING
NIGERIA
70 Billion Nairas for Power Sector
   The allocation set aside by the Nigerian government for the country's power sector in 2001 amounts to 70 billion nairas (roughly $640 million) compared to 20 billion this year.  (...)  [143 words]   [$2,1]
UGANDA
Contraband's Impact
   According to energy minister Syda Bbumba, fuel smugglers cost Uganda around 20 billion shillings in lost revenue, or roughly $12 million, per year.  (...)  [33 words]   [FREE]
CONGO-K
Cohydro Seeks Way Out
   A dispute has erupted between the new Congolaise des Hydrocarbures (Cohydro) company and the finance ministry over disbursement of 15 months back-pay and severance pay for 315 former  (...)  [346 words]   [$2,1]
NIGERIA
Squabble Over Block 110
   Once again a domestic company finds itself squaring off against a foreign group in the oil sector.  (...)  [139 words]   [$2,1]
NIGERIA
Joint Exploration Accord
   Nigeria and Sao Tome & Principe hope to sign a final agreement in December on joint oil exploration in the disputed sea areas between them, Sao Tome's foreign minister, Rafael Branco,  (...)  [59 words]   [$2,1]
NIGERIA
TDA Funding Sought
   The Nigerian Gas Company Ltd. (NGC) has appealed to the American Trade and Development Agency (TDA) for funding to help it evaluate pipeline expansion, higher LPG output and other  (...)  [114 words]   [$2,1]
NORTH AFRICA
Amerada Hess' Acquisition of Lasmo
   If Amerada Hess' buy-out of Lasmo is approved the American firm will make significant headway towards its goal of becoming an E&P company and of greatly increasing its assets in North  (...)  [161 words]   [$2,1]
LIBYA
Lundin Lands Bank Loan
   Lundin Oil has raised a $50 million loan from the Arab Banking Corporation and the Arab Petroleum Investments Corporation (Apicorp) to finance the bulk of its development costs in  (...)  [95 words]   [$2,1]
NIGER
Tax Exemptions
   With the government putting four exploration blocks up for grabs, (see P4), Niger's mines and energy ministry is drawing the attention of potential investors to the tax exemptions  (...)  [162 words]   [$2,1]
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