previous Archive n° 452  - 11/21/2007 next  
Philippe Vasset
NIGERIA Editor in Chief
The Three Faces of Dan Etete
Convicted of money-laundering in Paris, former Nigerian oil minister Dan Etete has paradoxically made a comeback in Abuja by managing to regain control of one of the country’s most promising petroleum concessions. In a striking manner his case illustrates the swings in the balance of power in Nigeria’s oil industry as well as the somewhat dubious nature of Nigeria’s transparency and good governance policies. (...)   [620 words]   [$11,2]
Buyers for Devon’s Acreage
   As Africa Energy Intelligence anticipated in its last issue (No. 451), some of the assets of the U.S. oil group Devon have been sold to a Dutch company, in the instance Oranje-Nassau Energie. (...)  [250 words]   [$7]
OIL & GAS
SUDAN
ONGC to Flesh Out Portfolio
   India’s ONGC Videsh is offering to buy into a concession owned by Petronas of Malaysia.  (...)  [225 words]   [$7]
CAMEROON
Back to Africa for Mol
   Hungary’s state-owned Mol has just acquired an interest in a block in Cameroon’s Rio del Rey.  (...)  [218 words]   [$7]
NIGERIA
Centrica Takes Bull By Horns
   After trying in vain to barge into a consortium mounting an LNG project in Nigeria, Britain’s Centrica has decided to put together its own program with Norway’s StatoilHydro.  (...)  [230 words]   [$7]
GUINEA
Terralliance Tests the Waters
   Officials from the American group Terralliance have paid a visit to Guinea and could acquire acreage in the country.  (...)  [193 words]   [$7]
NIGER
A Last-Minute Guest at Party
   A new firm is expected to make a last-minute bid for the Agadem concession.  (...)  [363 words]   [$7]
MAURITANIA
Malaysians On the Move
   State-owned Petronas has bought into Mauritania but it was beaten to the draw by two Malaysian juniors.  (...)  [267 words]   [$7]
WESTERN SAHARA
Firm Quietly Buys Up Acreage
   A company registered in Jersey and linked to the Irish group Island Oil is discreetly acquiring acreage in Western Sahara.  (...)  [255 words]   [$7]
MOROCCO
Sphere Extends its Reach
   The Qatar-based company Sphere Petroleum has just acquired a second concession in Morocco.  (...)  [221 words]   [$7]

AT A GLANCE
CAMEROON    Bowleven & Addax in Tie-Up?
 [67 words]   [$2,1]
NIGERIA    New Consortium on Aje
 [152 words]   [$2,1]
SAO TOME AND PRINCIPE    Addax’s Major Commitments
 [96 words]   [$2,1]
TANZANIA    Aminex Set to Drill Two Wells
 [73 words]   [$2,1]
MOZAMBIQUE    Licensing Round Starts in December
 [82 words]   [$2,1]

WHO'S WHO
CANADA
Duncan Nightingale
   Canada’s Artumas group has just appointed British national Duncan Nightingale as senior vice president in charge of exploration.  (...)  [116 words]   [$7]
FRANCE
Ghislain Lescuyer
   France’s Areva has appointed Ghislain Lescuyer as the new executive vice president of its Transmission et Distribution (T&D) department which designs, manufactures and installs goods necessary for power transmission.  (...)  [139 words]   [$7]
UNITED STATES
John Ridens
   Based in Denver, Colorado, Forrest Oil has just appointed John Ridens to the post of executive vice president and chief operating officer.  (...)  [147 words]   [$7]
UNITED STATES
James Spear
   The U.S. oil company Hyperdynamics has appointed James Spear to the post of vice president and chief geophysicist of SCS Corporation, its subsidiary in Guinea.  (...)  [123 words]   [$7]
SUDAN
Paulino Matip
   The representative of the Nuer South Sudan Defence Forces (SSDF), general Paulino Matip, has just been named to the advisory board of Jarch Management Group as its vice chairman.  (...)  [206 words]   [$7]

AGENDA
UNITED KINGDOM    East and Southern Africa Oil & Gas
 [32 words]   FREE
UNITED KINGDOM   
 [3 words]   FREE
UNITED KINGDOM    African Petroleum Forum
 [49 words]   FREE
NIGERIA    Nigeria Oil & Gas 2008
 [78 words]   FREE
ELECTRICITY
RWANDA
Feasibility Study for Ruzizi 3
   The European Commission is financing the extension of the Ruzizi power plant which will supply Burundi, Rwanda and Congo-K and help stabilize the region.  (...)  [215 words]   [$7]
NAMIBIA
ABB Lands Interconnection Deal
   After several delays in the competition, the national utility Nampower has finally awarded part of the contract for the Caprivi interconnection project.  (...)  [164 words]   [$7]
CONGO-K
Tata Seeks to Restore Tshopo
   A group made up of engineers from India’s Tata group and the Congo-K-registered firm Beltexco (its managing director is Mazhar Rawji, also an Indian) travelled to Kisangani in early  (...)  [171 words]   [$7]

AT A GLANCE
ETHIOPIA    Three Studies on New Dams
 [40 words]   [FREE]
UGANDA    New Power Plant on Nile
 [98 words]   [$2,1]
MADAGASCAR    Tender for Rehabilitation
 [77 words]   [$2,1]
SOUTH AFRICA    Eskom Gives Nod to Alstom and Hitachi
 [106 words]   [$2,1]

GOVERNMENT STRATEGIES
SUDAN
Machar Tries Again
   The vice president of South Sudan, Riek Machar, and other representatives of the Juba government met last week with officials from Britain’s White Nile company.  (...)  [255 words]   [$7]
GHANA
Norway Offers Expertise
   Ghanaian president John Kufuor met with a delegation of Norwegian oil experts in the presence of Norway’s ambassador to Accra, Tore Nedrebo.  (...)  [141 words]   [$7]
ITALY/ALGERIA
Extensive Gas Pact
   Algerian energy minister Chakib Khelil and Italy’s economic development minister, Pier Luigi Bersani, signed a major gas agreement in Sardinia on Nov.  (...)  [278 words]   [$7]
MOROCCO
New Oil Legislation
   By the end of the year, Morocco's Office National des Hydrocarbures et des Mines (Onhym) is to choose a law firm to carry out a study on new petroleum legislation.  (...)  [96 words]   [$7]

STATE-OWNED COMPANIES
SHT    Board Appointed
 [120 words]   [$2,1]
JIRAMA    Power Cuts Resume
 [182 words]   [$2,1]
Sonatrach    Arbitration in Geneva
 [101 words]   [$2,1]

FINANCIAL OPERATIONS
UGANDA
No Refinery Plan for Tullow
   A rumour sweeping the oil departments of leading Western investment banks that Tullow Oil was seeking finance to build a refinery in Uganda was quashed by the Irish concern early this  (...)  [123 words]   [$7]
IVORY COAST
Money for Oil Transparency
   According to our sources, the World Bank will present a project to lend USD 275 million to Ivory Coast when its board meets at the end of January.  (...)  [107 words]   [$7]
ALGERIA
Total Looks to HSBC
   According to our sources, HSBC is examining the idea of financing Total’s project to build an ethane steam cracking unit at Arzew in Algeria.  (...)  [154 words]   [$7]
AFRICA
Artumas Raising Funds
   Founded in 2004 by Steve Mason, a former executive of First Calgary, Canada’s Artumas has just raised USD 170 million in a rights issue to finance its operations in Africa.  (...)  [110 words]   [$7]
AFRICA
ENI Drops Burren Bid
   After offering USD 3 billion for the British oil firm Burren last month, Italy’s ENI upped the ante to USD 3.  (...)  [71 words]   [FREE]
AUSTRALIA/AFRICA
Is BHP Petroleum for Sale?
   Looking for cash to finance its unsolicited takeover bid of its rival Rio Tinto, the Australian mining group BHP Billiton could be tempted to sell BHP Petroleum.  (...)  [185 words]   [$7]

CONSULTANTS
Core International Inc.    Namibian Contract
 [88 words]   [$2,1]
Societe Generale    New Project Manager
 [98 words]   [$2,1]
Nanes Delorme    Advising Surestream
 [198 words]   [$2,1]
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