previous Archive n° 407  - 12/21/2005 next  
Philippe Vasset
NORTH AFRICA Editor in Chief
Juniors Lying in Ambush
After making inroads in the Gulf of Guinea, western oil juniors seeking marginal fields and under-explored acreage are turning their attention to North Africa. Independent Resources, a North African Specialist. Set up a few months ago, Britain's Independent Resources has just made its debut on the Alternative Investment Market in London. (...)   [616 words]   [$11,2]
Soco Lands Basin Acreage
   Africa Energy Intelligence understands Britain’s Soco has become the second oil company to win an exploration license in the Congolese region known as the coastal basin lying just south of the Cabinda South permit in Angola operated by Australia’s ROC Petroleum. (...)  [172 words]   [$7]
OIL & GAS
ANGOLA
List of Bidders for Acreage
   Twenty two companies have been pre-qualified to bid for seven licenses that were put up for grabs early this month by Sonangol.  (...)  [301 words]   [$7]
ETHIOPIA
First Juniors Turn UP
   A new junior, South West Energy, has followed the U.S. firm Afar Exploration in buying a concession in Ethiopia.  (...)  [146 words]   [$7]
NIGERIA
ONGC Throws in Towel
   State-owned ONGC has failed to win approval from the Indian government to acquire the assets of South Atlantic in Nigeria.  (...)  [250 words]   [$7]
NIGERIA
Four Bidders for Port Harcourt
   The NNPC’s first operation to sell a refinery has spurred the interest of Indian, Taiwanese, Dutch and Nigerian companies.  (...)  [217 words]   [$7]
NIGERIA
Intels Hit by Political Squabbles
   Rivalry between president Olusegun Obasanjo and vice-president Atiku Abubakar has put a halt to operations by the oil logistics group Intels, linked to Abubakar.  (...)  [300 words]   [$7]
TUNISIA
Tunis Turns to Gulf for Refinery
   Tunisia has just issued a call to bids for the construction of a 120,000 bpd refinery at Skhira in the Gulf of Ghabes and wants investors in the Gulf to bankroll the project.  (...)  [275 words]   [$7]
ALGERIA
Enagas Set to Enter Medgaz
   Spain’s Enagas company had long sought in vain to acquire a holding in Medgaz, a company that is to build a gas pipeline between Algeria and Spain. Now it looks likely to inherit Endesa’s stake in the project.  (...)  [267 words]   [$7]
ALGERIA
New Takeoff for Tassili Airlines
   Several foreign groups are bidding to buy into Sonatrach’s airline unit, Tassili Airlines.  (...)  [187 words]   [$7]

AT A GLANCE
ALGERIA    Bir Berkine to Start Producing in Spring
 [99 words]   [$2,1]
IVORY COAST    Gas Find on Foxtrot
 [72 words]   [$2,1]
GHANA    Iran to Build Refinery?
 [55 words]   [$2,1]
CAMEROON    Kosmos Teams up with Perenco
 [73 words]   [$2,1]
NIGERIA    Second Marginal Field for Afren
 [87 words]   [$2,1]
NIGERIA    Final Decision on Brass LNG in 2006
 [137 words]   [$2,1]
NIGERIA    Footdragging with Bonus Payments
 [94 words]   [$2,1]
CONGO-B    Final Contracts for Moho-Bilondo
 [103 words]   [$2,1]

WHO'S WHO
ALGERIA
John van der Welle
   The Canadian junior First Calgary, which is trying to develop its 405B concession in Algeria, has just proceeded with a management overhaul.  (...)  [138 words]   [$7]
CAMEROON
Jerry Anthony
   The British junior Bowleven, which works in Cameroon, has just hired former Chevron executive Jerry Anthony to take charges of its exploration programs.  (...)  [134 words]   [$7]
KENYA
Kiraitu Murungi
   Kenya’s former justice and constitutional affairs minister Kiraitu Murungi was named energy minister in a government re-shuffle on Dec. 8.  (...)  [168 words]   [$7]
UNITED KINGDOM
Caroll Bell
   After a long career in investment banking, Caroll Bell has joined the board of the British group Hardy Oil & Gas which made its debut in October in Nigeria’s offshore.  (...)  [153 words]   [$7]
NIGERIA
Afolabi Oladele
   In floating its shares on the Toronto Stock Exchange, Addax Petroleum provided a lot of detail about the way it functions and its board of directors.  (...)  [200 words]   [$7]

AGENDA
WEST AFRICA    Nigeria Oil & Gas 2006
 [270 words]   [$2,1]
ELECTRICITY
UGANDA
IPS the Leading Producer
   An affiliate of the Aga Khan Fund, IPS, has signed up for the long-stalled Bujagali project and will build another dam in northern Uganda.  (...)  [171 words]   [$7]
CONGO-B
Mazzi Costruzioni Unveils Plans
   Italy’s Mazzi Costruzioni group has offered to build a gas-fuelled power station and windmills in Congo-B.  (...)  [174 words]   [$7]
Details of GE’s Contract
   Contracted in September to equip five new power plants for Nigeria, GE Energy is to deliver a total of 18 turbines to the country.  (...)  [166 words]   [$7]
NIGERIA
Daewoo Picked for Afam
   South Korea’s Daewoo has won the contract to extend RoyalDutch/Shell’s Afam power plant.  (...)  [192 words]   [$7]
IVORY COAST
Government Handed Stake in CEI
   Less than two months after winning a 15 year extension of its management concession at Compagnie Ivoirienne d’Electricite (CIE), France’s Bouygues turned a 15% stake in the company  (...)  [132 words]   [$7]


GOVERNMENT STRATEGIES
SAO TOME AND PRINCIPE
Oil Probe
   Launched in September, a preliminary investigation by Sao Tome’s prosecutor-general, Adelino Pereira, into the way in which licenses were awarded in the Joint Development Zone (JDZ)  (...)  [185 words]   [$7]
NIGERIA
U.S. in the Delta
   On Dec. 8, the American ambassador to Nigeria, John Campbell, signed an agreement on security in the Niger Delta with Funsho Kupolokun, CEO of the Nigeria National Petroleum Corporation  (...)  [204 words]   [$7]
CHAD
Rebellion Gathers Steam
   Confronted with a rebel movement in the eastern part of the country for the past six months, the government of president Idriss Deby found itself fighting off an attack on an army  (...)  [262 words]   [$7]
AFRICA
Sino-American Conclave
   The assistant secretary of state for African affairs, Jendayi Frazer, traveled to Beijing at the end of November to discuss American and Chinese strategy in Africa and the potential  (...)  [151 words]   [$7]

STATE-OWNED COMPANIES
noc    Lining Up to Sign Up
 [95 words]   [$2,1]
jirama    Now Run on Commercial Basis
 [146 words]   [$2,1]
nnpc    New Contracts for Netco
 [153 words]   [$2,1]

FINANCIAL OPERATIONS
Last Stab for Energem
   Rejected in its bid to operate the Marine XI offshore license in Congo-B, Energem is pulling out all the stops to recover the $5 million it advanced to the Congolese government to  (...)  [138 words]   [$7]
7 Banks to Back SAMIR
   A syndicate of seven banks has put together the $605 million needed to upgrade and increase the capacity of the Societe Anonyme Marocaine de Raffinage (SAMIR) at Mohammedia near C  (...)  [112 words]   [$7]
Tug-of-War Over Oasis
   Libyan oil minister Fathi Omar bin Shatwan indicated on the sidelines of the OPEC summit in Kuwait last week that talks between Tripoli and the Oasis consortium (Marathon, ConocoPhillips  (...)  [152 words]   [$7]
Compromising with EU
   Sonatrach is on the verge of accepting a compromise with the European Commission on the question of destination clauses. After more than three years of horse-trading, an agreement  (...)  [154 words]   [$7]
Addax Seeks Listing on TSX
   As Africa Energy Intelligence anticipated would be the case (AEI 405), Addax Petroleum, an affiliate of Jean-Claude Gandur’s Addax/Oryx Group, submitted a preliminary prospectus for  (...)  [196 words]   [$7]

CONSULTANTS
hunton & williams    Kampala’s Adviser
 [107 words]   [$2,1]
citac    Push for Africa Refiners Association
 [72 words]   [$2,1]
Gaffney Cline    Sonara’s Auditors
 [200 words]   [$2,1]
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