previous Archive n° 321  - 04/24/2002 next  
Philippe Vasset
POWER Editor in Chief
How Eskom Tightens its Grip on Continent
Founded in 1999, Eskom Enterprises (EE), the international arm of the South African utility Eskom, has made a lightning advance across the continent in just three short years. (...)   [678 words]   [$11,2]
OIL & GAS
ANGOLA
Race to Develop Giant Fields
   After marking time for months, development programs for blocks 14, 15, 18 and 19 are beginning to win approval from Sonangol. On which blocks will development work start first?  (...)  [306 words]   [$7]
ANGOLA
The Real Story of Russian Debt
   Angola's repayment of its debt to Russia -it borrowed heavily against future oil production in 2001 to meet payments -has intrigued the IMF, banks and judicial circles. Here are some milestones in the saga:  (...)  [275 words]   [$7]
GUINEA
US Oil Roars Back
   A "dormant" investor since 1994, US Oil Corporation is making a high-profile return to Guinea in conjunction with Hyperdynamics just as Washington is throwing more support behind Conakry.  (...)  [253 words]   [$7]
CHAD
Oil Before 2004
   Scheduled to begin in 2004, oil production on the Doba fields could start, in fact, in the autumn of 2003.  (...)  [361 words]   [$7]
MOROCCO
Petronas Gains Sway
   Malaysia's Petronas group now holds the upper hand on Morocco's upstream with four concessions, two of which it acquired last week. Its influence could counter that of the Saudis.  (...)  [287 words]   [$7]
NORTH AFRICA
A Spotlight on Medex Petroleum
   The small Cyprus-based firm Medex which is already active in Tunisia and Libya has made a number of acquisitions in Algeria and Togo in recent months while remaining discreet about its corporate background.  (...)  [202 words]   [$7]
CHAD
Cliveden Finds a Partner
   Africa Energy Intelligence indicated when a merger between two Canadian firms PanCanadian and Alberta Energy recently led to the founding of Encana that the new group would shortly build up its African portfolio.  (...)  [224 words]   [$7]

AT A GLANCE
TUNISIA    Lukoil Could Pull Out
 [58 words]   [$2,1]
LIBYA    Bula's Efforts Fizzle Out
 [81 words]   [$2,1]
NIGERIA    No Licenses for States
 [63 words]   [$2,1]
NIGERIA    Okpoho to Produce in December
 [67 words]   [$2,1]
EQUATORIAL GUINEA    Step-Up for Zafiro Development
 [72 words]   [$2,1]
GABON    Pioneer Confirms Olowi's Potential
 [65 words]   [$2,1]
GABON    New License for Energy Africa
 [74 words]   [$2,1]
CONGO-K    Perenco Dominates Onshore
 [73 words]   [$2,1]
TANZANIA    Antrim Clinches New PSA Pact
 [78 words]   [$2,1]
NAMIBIA    Vanco to Drill First Wells Next Year
 [49 words]   [$2,1]
EQUATORIAL GUINEA    Plant Closedown Because of Equipment Hitch
 [92 words]   [$2,1]
SUDAN    Pipeline to Kenya
 [49 words]   [$2,1]

WHO'S WHO
NIGERIA/SAO TOME AND PRINCIPE
Chude Mba
   President of Chrome Energy, Chude Mba will be a key figure in the bidding round organized this year in the Joint Development Zone (JDZ) between Nigeria and Sao Tome, in which his company holds significant rights (see P.  (...)  [131 words]   [$7]
CHAD
Peter Felter
   Chairman of Cliveden Petroleum (see P. 3), Peter Felter, a lawyer of Danish origin, is a former director of the London-based firm Clyde & Co's energy department.  (...)  [90 words]   [$7]
UNITED STATES
Henry McGee
   The African operations of ConocoPhillips, which was formed out of a merger between the two companies, are to be headed by a former Phillips executive, Henry McGee.  (...)  [112 words]   [$7]
NIGERIA
Alhaji Zubairu Abdulhamid
   Former executive director of the Nigeria Port Authority, Alhaji Zubairu Abdulhamid has just been named special adviser to president Olusegun Obasanjo for the entire oil downstream.  (...)  [147 words]   [$7]
TANZANIA
Daniel Yona
   A man used to taking on difficult jobs - he was named minister of state for eradicating poverty in a government reshuffle in November 2000-Daniel Yona has been named energy and mineral resources minister.  (...)  [113 words]   [$7]
UNITED STATES
James Bruchs
   Former executive at the metals brokerage First Commodity Corp, James Bruchs has just been named head of a new American independent on the look-out for marginal fields relinquished by the majors, Voyager Petroleum International.  (...)  [122 words]   [$7]

AGENDA
BOOKS    The Paradox of Plenty
 [103 words]   [$2,1]
ANGOLA    Angola Oil & Gas Summit
 [68 words]   [$2,1]
AFRICA    Gas to Liquids
 [79 words]   [$2,1]
ELECTRICITY
ETHIOPIA
EEPCO May Get $170M Loan
   The World Bank could vote in favor of a loan in June to overhaul the Ethiopian Electric Power Corporation. The aim isn't to privatize EEPCO but rather to revamp it and bring private operators into the Ethiopian market.  (...)  [350 words]   [$7]
NIGERIA
World Bank Project Frozen
   AEI has learned that a $100 million loan for NEPA that was approved by the World Bank last summer has been frozen. The Bank wants to see better management of the utility's accounts.  (...)  [302 words]   [$7]
SUDAN
Alstom to Bid for Merowe?
   The announcement last summer that several Arab development funds were ready to finance the construction of the Merowe dam on the Nile north of Dongola (AEI 304) has revived interest  (...)  [168 words]   [$7]

GOVERNMENT STRATEGIES
NIGERIA/SAO TOME AND PRINCIPE
Joint Development Authority Meets for 2nd Time
   Rilwanu Lukman, president Olusegun Obasanjo's adviser on oil issues, last week chaired the second meeting of the authority which manages the Joint Development Zone between Nigeria  (...)  [179 words]   [$7]
NIGERIA
Standoff on Oil Share-Out Continues
   Although a finding by the Nigerian Supreme Court early this month put paid to hopes by the states of directly sharing oil revenue from offshore blocks with the federal government,  (...)  [158 words]   [$7]
NIGERIA
Oil Cases Pile Up
   In addition to a suit filed by Malabu Oil & Gas in New York - the company is seeking $2.8 billion in damages - Nigeria's Department of Petroleum Resources is facing a number of other  (...)  [137 words]   [$7]
AFRICA/UNITED STATES
Mixed Signals on Gulf of Guinea
   While working to strengthen its bonds with oil-producing nations in the Gulf of Guinea, as Africa Energy Intelligence reported (AEI 316), the U.  (...)  [193 words]   [$7]
AFRICA/CHINA
Jiang Zemin's Oil Visit
   Accompanied by several heads of oil companies, and particularly those from Sinochem, Sinopec and Shengli, Chinese president Jiang Zemin travelled last week to Nigeria and Libya.  (...)  [103 words]   [$7]

STATE-OWNED COMPANIES
GEPETROLE    A Bidding Round Soon?
 [61 words]   [$2,1]
ETAP    Flurry of Awards
 [88 words]   [$2,1]
NNPC    Nigeria's Plans for African Refineries
 [79 words]   [$2,1]
NOC    Partnership with Petronas
 [59 words]   [$2,1]
SONELGAZ    Invitation to Tender in Two Months
 [75 words]   [$2,1]

FINANCIAL OPERATIONS
IVORY COAST
   IFC to Join Infrastructure Fund?
 [54 words]   [FREE]
SOUTH AFRICA
   Absa to Finance Trading Operation with Zambia
 [112 words]   [$7]
UGANDA
   MIGA Could Replace EKN in Funding Bujagali
 [73 words]   [FREE]
SUDAN
   Fiscal Agreements with Emirates
 [96 words]   [$7]
NIGERIA
   Concern Over Budget
 [123 words]   [$7]
NIGERIA
   Agreement on Abacha's Loot
 [101 words]   [$7]
IVORY COAST
   CitiBank Prepares Bond Issue for SIR
 [56 words]   [FREE]

CONSULTANTS
KPMG    Delay in Completing Angola Probe
 [56 words]   [$2,1]
EXPLORATION CONSULTANTS GROUP    Advisers to Equatorial Guinea
 [67 words]   [$2,1]
JP MORGAN    In the Running for NEPA Sell-Off
 [54 words]   [$2,1]
EMERGING MARKET PARTNERSHIP    New Fund to Manage
 [117 words]   [$2,1]
MURRAY AND ROBERTS    Feasibility Study for Cogegaz
 [47 words]   [$2,1]
  previous Archive n° 321  - 04/24/2002 next  

top of the page |  Last edition  |  French Edition  |  My account  |  Subscribe  |  Terms and Conditions  |  FAQ  |  Contacts  |   Legal Notices  | top of the page

Africa Intelligence | West Africa Newsletter | The Indian Ocean Newsletter | Maghreb Confidential |
Africa Energy Intelligence | Africa Mining Intelligence | Top African Leaders |
Africa Business Intelligence | African Government & Political News | Intelligence Online