previous Archive n° 454  - 12/19/2007 next  
Philippe Vasset
ANGOLA Editor in Chief
Luanda Set to Emerge as Big Gas Player
Highly dependent on its offshore oil output, Luanda has been working for some years to utilize its gas reserves, which are currently flared off, to supply a gas liquefaction plant. Approved by the Angolan government last week, the Angola LNG project promises to generate major development contracts and will tie in with the construction of a re-gasification terminal in the United States. (...)   [705 words]   [$11,2]
Short List for Abadem
   The 12 companies that put in bids for the Agadem concession received a letter from Niger’s Direction des Hydrocarbures late last week to say five of them had been short-listed for the auction. (...)  [189 words]   [$7]
OIL & GAS
MOZAMBIQUE
Markmore on the Move
   Pushing ahead in West Africa, the Malaysian conglomerate Markmore has gained a foothold in Mozambique.  (...)  [157 words]   [$7]
KENYA
Canadian Junior Knocks on Door
   A Canadian concern, Lions Petroleum, has just won its first license in Africa, in Kenya’s onshore.  (...)  [212 words]   [$7]
GABON
Harvest Plants its Flag
   The American group Harvest is seeking to reduce its exposure in Venezuela by acquiring acreage in Gabon’s offshore.  (...)  [184 words]   [$7]
CONGO-K
Compromise on Spat in East
   Locked in a dispute with Tullow Oil and Heritage over their two concessions on the banks of Lake Albert, the Congo-K government has withdrawn one of the consortium’s blocks.  (...)  [151 words]   [$7]
GHANA
First African Venture for Celtique
   Financed by the buy-out firm Avista Capital, Celtique Energie has just made its debut in Ghana’s offshore.  (...)  [172 words]   [$7]
IVORY COAST
Edison Trades in Licence
   Italy’s Edison group is withdrawing from its CI-104 license because it failed to find sufficient reserves but is poised to acquire a new block in the country.  (...)  [214 words]   [$7]
LIBYA
Mixed Fortunes for Russian Firms
   Although Russia’s Lukoil failed to win the least license - and is facing an investigation, to boot - Gazprom has been awarded three blocks.  (...)  [391 words]   [$7]
TUNISIA
Juniors Test the Waters
   Tunisia’s ETAP awarded a raft of reconnaissance licenses to juniors in 2007.  (...)  [390 words]   [$7]

AT A GLANCE
LIBYA    New Contract for Petrocanada
 [96 words]   [$2,1]
ALGERIA    Gas Pipeline Project for Touat Field
 [4 words]   [FREE]
ALGERIA    Kuwaitis to Bid for Tiaret Refinery?
 [93 words]   [$2,1]
NIGERIA    Port Harcourt Airport Opens After Crash
 [118 words]   [$2,1]
ETHIOPIA    New American Junior
 [140 words]   [$2,1]
UGANDA    Seismic contract for Orca Exploration
 [144 words]   [$2,1]

WHO'S WHO
NIGERIA
Chima Ibeneche
   Managing director of Shell Nigeria Exploration and Production Co (SNEPCO), the branch of Shell Nigeria that oversees ultra deep projects, Nigeria’s Chima Ibeneche is to become boss of Nigeria Liquefied Natural Gas (NLNG), the company that operates the liquefaction plant at Bonny island.  (...)  [78 words]   [FREE]
AFRICA
Abbas I. Yousef Al Yousef
   Named president last month of Pilatus Energy and Pilatus Resources, two companies run from behind the scenes by France’s Loik Le Floch-Prigent, Abbas Ibrahim Youself Al Yousef is a former civil aviation pilot from Abu Dhabi who was asked in the 1990s to renew the fleet of the United Arab Emirates.  (...)  [120 words]   [$7]
NIGERIA
Mutiu Sunmonu
   On reaching retirement age, the managing director of Shell Nigeria, Basil Omiyi, turned over most of his functions to others in October and became country chair of Shell Nigeria (AEI 540).  (...)  [104 words]   [$7]
NETHERLANDS
Janos Matyas
   The Dutch company Delta Hydrocarbons has hired Janos Matyas, current development director for Africa of the Hungarian group MOL which is still rumoured to be a takeover target of Austria’s OMV.  (...)  [200 words]   [$7]
UNITED KINGDOM
Ted Giletti
   The key African specialist of the Standard Chartered Bank in the 1990s and the man who orchestrated major oil-backed loans on behalf of Angola during the decade, Theodore “Ted” Giletti has reappeared on the London oil scene.  (...)  [247 words]   [$7]

AGENDA
NIGERIA     Nigeria Oil & Gas 2008
 [74 words]   FREE
UNITED KINGDOM     5th African Petroleum Forum
 [82 words]   FREE
TUNISIA     6th Maghreb & Mediterranean Oil & Gas Conference
 [56 words]   FREE
ELECTRICITY
UGANDA
Power Plant for Electromaxx
   A Uganda-South Korean consortium has plans to build a 10 MW power station.  (...)  [120 words]   [$7]
CONGO-K
China to Restore Plant?
   Built in the 1980s on the Ubangi river, the Mobayi-Mbongo dam needs to be restored.  (...)  [167 words]   [$7]
MAURITANIA
Government Lays Out Power Plans
   During a meeting of the consultative group for Mauritania that was held at the World Bank’s office in Paris on Dec.  (...)  [220 words]   [$7]

AT A GLANCE
LIBYA    New Contract for Hyundai
 [165 words]   [$2,1]
MADAGASCAR    Power Cuts to End in 2008?
 [102 words]   [$2,1]
BOTSWANA    Swedish Consultant for BPC
 [95 words]   [$2,1]

GOVERNMENT STRATEGIES
CONGO-K/UGANDA
Teaming Up in Energy
   A 60-member Congolese delegation that included six ministers travelled to Uganda last week to negotiate cooperation pacts. The two countries decided to re-open their respective diplomatic  (...)  [217 words]   [$7]
SUDAN
SPLM & Khartoum in Deal
   The Sudan People’s Liberation Movement (SPLM) will return to the coalition government that it quit in September. The south Sudanese movement decided on the measure after a meeting  (...)  [152 words]   [$7]
MOROCCO
Libyan Project for W. Sahara
   The Moroccan affiliate of Libya’s state-owned Tamoil plans to conduct an oil prospecting program in Western Sahara, a territory claimed by both Rabat and by the Sahrawi Democratic  (...)  [233 words]   [$7]
ALGERIA/RUSSIA
Gas Accord Falls Through
   The chief executive of Algeria’s state-run oil company Sonatrach, Mohamed Meziane, announced that a memorandum of understanding that Sonatrach signed with Russia’s Gazprom in 2006  (...)  [186 words]   [$7]

STATE-OWNED COMPANIES
Sonatrach    Four Licenses in Mauritania
 [152 words]   [$2,1]
Petrogas    Cooperating with Angola
 [84 words]   [$2,1]
ZESA    Seeking to Drum Up Money
 [174 words]   [$2,1]

FINANCIAL OPERATIONS
TANZANIA
Major Loan
   The World Bank’s board last week approved an Energy Development and Access Expansion Project for Tanzania that is worth USD 105 million and aimed at rehabilitating the power grids  (...)  [155 words]   [$7]
KENYA
India in Refinery Buy?
   The Kenyan government is thinking of selling off part of its stake in Kenya Petroleum Refineries Ltd (KPRL) to help finance the modernization of the refinery in Mombasa.  (...)  [183 words]   [$7]
LIBYA
Firms Call on Libyan Funds
   As Libya’s National Oil Corporation proceeded with its fourth licensing round (see P. 3), several oil companies chose to team up with state-run Libyan equity funds to win acreage in  (...)  [130 words]   [$7]
ALGERIA
No More Long Term Deals
   Sonatrach’s decision in early December to renew its LNG supply and sales contract with Gaz de France for only six years forms part of a new and wider policy:  (...)  [136 words]   [$7]
AFRICA
KNOC Leaves Burren to ENI
   The Korea National Oil Corporation (KNOC) decided against upping its bid to compete with an offer by Italy’s ENI to acquire Burren Energy.  (...)  [157 words]   [$7]

CONSULTANTS
Cohen & Woods International    Fighting in Hyperdynamics Corner
 [223 words]   [$2,1]
Denton Wilde Sapte    Partnership in Algeria
 [175 words]   [$2,1]
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