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Philippe Vasset
SAO TOME AND PRINCIPE Editor in Chief
Fast Bidding Round
No sooner had the licensing round in the Joint Development Zone between Sao Tome and Nigeria been called off than it was launched again, and is to close on Dec. 15. At the same date, ChevronTexaco will have finalized its production sharing agreement. (...)   [714 words]   [$11,2]
Tightening Squeeze on Total
   The failure of Paris and Luanda to reach agreement on the ?Angolagate? affair is weighing ever-more heavily on the French group's operations in Angola. (...)  [158 words]   [$7]
OIL & GAS
ETHIOPIA
Petronas to Exercise Option
   After conducting surveys in the Ogaden basin over the past two years, Petronas is about to acquire a block in the region.  (...)  [244 words]   [$7]
CAMEROON
Rhind Promoting Newcomer
   A former adviser to South Africa's Tokyo Sexwale is preparing a public share offering for Scotland's Bowleven, which owns three concessions in Cameroon's shallow offshore.  (...)  [384 words]   [$7]
EQUATORIAL GUINEA
Sasol to Wave Goodbye
   South Africa's Sasol is gradually withdrawing from Equatorial Guinea's offshore in order to focus on Nigeria.  (...)  [333 words]   [$7]
NIGERIA
Hydro Enters by Back Door
   Norway's Norsk Hydro is expected to debut in Nigeria by teaming up with Syntroleum to liquefy gas from the Aje field.  (...)  [211 words]   [$7]
ALGERIA
Sonatrach Locks Up Gassi Touil
   Although Repsol and Gas Natural were awarded the development contract for Gassi Touil, Sonatrach retained a lock on the transportation and sale of the sale of the gas.  (...)  [452 words]   [$7]
TUNISIA
Soco Pulls Out
   Highly active in Libya, where the group is trying to obtain acreage through Odex, Soco has just sold off its interests in Tunisia to PA Resources.  (...)  [303 words]   [$7]

AT A GLANCE
AFRICA/INDONESIA    Pertamina Quits Africa
 [79 words]   [$2,1]
WEST AFRICA    Who'll win the WAGP Contract?
 [107 words]   [$2,1]
BENIN    Contract for DiamondWorks
 [169 words]   [$2,1]

WHO'S WHO
ALGERIA
Abdelhafidh Feghouli
   Sonatrach has named Abdelhafidh Feghouli as head of its downstream operations in succession to Bachir Achour who was appointed adviser to the state-owned Algerian firm's chairman, Mohamed Meziane.  (...)  [88 words]   [$7]
NIGERIA
Todd Creeger
   Conoco has named Todd Creeger as head of its affiliate in Lagos following the departure of Rob Smith who is now financial director of a joint venture between the American group and Russia's Lukoil.  (...)  [132 words]   [$7]
WEST AFRICA
Neale Taylor
   A veteran of Australia's oil industry, Neale Taylor, who worked for Esso Australia, Terra Gas Trader and Nexus Energy, has just been named to the board of the Zari Resources mining company.  (...)  [146 words]   [$7]
GABON
William Farish
   Operator on the Etame oil field in Gabon, which it is developing with funding from the World Bank, the U.S.  (...)  [208 words]   [$7]

AGENDA
LIBYA    The Inaugural US-Libyan Economic Summit
 [150 words]   [$2,1]
EQUATORIAL GUINEA    Oil & Gas in Equatorial Guinea
 [100 words]   [$2,1]
ELECTRICITY
AFRICA/PORTUGAL
Lisbon Finalizes its Pull-Out
   Portugal is preparing to withdraw from the power sector in Cape Verde Islands and is endeavouring to obtain recognition of Mozambique's debt for the Cahora Bassa dam.  (...)  [219 words]   [$7]
MAURITIUS
BWSC Lands 2nd Contract
   Denmark's BWSC, a subsidiary of Mitsui, is doing specially well with Mauritius' Central Authority Board.  (...)  [152 words]   [$7]


GOVERNMENT STRATEGIES
EQUATORIAL GUINEA
London's Embarrassment
   The pro-active stance adopted by the law firm Pennington's, which is representing Equatorial Guinea in moves against the British sponsors of an abortive coup d'etat in March, could  (...)  [293 words]   [$7]
AFRICA/EUROPE
Loans with Strings
   Now that the World Bank no longer finances power stations in Africa the baton has been passed to European governments which bankroll projects that benefit their own companies.  (...)  [204 words]   [$7]
AFRICA/RUSSIA
Prospecting in Pretoria
   Russian natural resources minister Yuri Petrovitch Trutnev travelled to Pretoria two weeks ago with officials from Gazprom and Stroytransgaz as well as the Vnesheconom bank, the only  (...)  [166 words]   [$7]
AFRICA/INDIA
Oil Diplomacy
   Following setbacks in its competition with China for oil acreage in Angola and Nigeria, the Indian government has formed a diplomatic panel aimed at helping the country win contracts  (...)  [125 words]   [$7]

STATE-OWNED COMPANIES
Groupe Projet Chinguetti    Embryon of National Oil Co.
 [102 words]   [$2,1]
SNPC    New Headquarters
 [64 words]   [$2,1]
Sonatrach    Dip in Gas Exports
 [102 words]   [$2,1]
NNPC    Chinese Partnership
 [130 words]   [$2,1]

FINANCIAL OPERATIONS
CONGO-K
   Oil-Backed Loan Makes Waves
 [228 words]   [$7]
CONGO-B
   $100 Million at Stake
 [246 words]   [$7]
NIGERIA
   New Terms for Ultra Deep
 [151 words]   [$7]

CONSULTANTS
BKSH    Representing Kosmos
 [203 words]   [$2,1]
U.S Libya Chamber of Commerce    Rival Chambers
 [123 words]   [$2,1]
Econergy    Consultant to TDA
 [94 words]   [$2,1]
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