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Africa Energy Intelligence /Archives

Archive n° 597 - 01/28/2009

Philippe Vasset

AFRICA

Editor in Chief

Dubai World Untouched by Crisis

In an oil industry hit by the free-fall in crude prices and the credit squeeze, the financial firepower of the state-owned United Arab Emirates group Dubai World has helped it to become a force to be reckoned with in Africa. (...) [589 words] [$9.5]

	BURUNDI/NIGERIA
	A Golden Deal for Trader MGG
	Leonidas Hatungimana, spokesman for Burundi’s president, told the Burundi parliament in early January that Nigeria was about to double its oil grant to the country. (...) [232 words] [$5.4]



LIBERIA
A Whiff of Sulphur over Oil
Instead of organizing a third licensing round, Liberia has opted to award reconnaissance licenses. The first company to step forward is a mining group specializing in sulfur. (...) [209 words]


ZAMBIA
A Bad Moment to Start Exploring?
Zambia has decided to carve much of the country into blocks so that exploration can begin. But companies aren’t banging on the door for licenses. (...) [262 words] [$5.4]


ETHIOPIA
Epsilon Presses Ahead
The small Canadian company is seeking to make the most out of the huge reconnaissance license it was awarded some months ago in north-east Ethiopia. (...) [206 words] [$5.4]


Sudan Inauguration of New Field
[82 words] [$1.8]


UGANDA
Neptune Finally Free to Act?
With Tullow Oil and Heritage making discovery after discovery on Lake Albert, it seems Neptune can start drilling as well. (...) [283 words] [$5.4]


GABON
Mitsubishi Ups The Ante
The Japanese group is about to put a new field into production in Gabon, its main production center in Africa. (...) [249 words] [$5.4]


NIGERIA
Oando Continues Shopping Spree
With the withdrawal of companies from E&P operations beginning to make itself felt in Africa, Oando is continuing to systematically buy up acreage. (...) [224 words] [$5.4]


gulf of guinea
Malabo Sees Itself as Gas Hub
Equatorial Guinea has by no means dropped its project to centralize gas production in the Gulf of Guinea and has formed a consortium with E.On, Galp and Union Fenosa. (...) [353 words] [$5.4]


MAURITANIA
Shell Turns Up Heat on GDF-Suez
Mauritania’s government and Shell have signed a memorandum of understanding to explore the possibility of producing gas in the country. That could spark competition between Shell and GDF Suez. (...) [247 words] [$5.4]


Algiers Discovery for Edison
[103 words] [$1.8]


EQUATORIAL GUINEA
Ophir Saves the Day
In the past several years Equatorial Guinea has been seeking gas reserves that would warrant building a second train at the EG LNG liquefaction plant. (...) [170 words] [$5.4]


CONGO-K
SNEL/Mag Deal Under Scrutiny
Congo-K’s parliament is examining a contractual dispute between Societe National d’Electricite and Mag Energy over the rehabilitation of the Inga dam. (...) [203 words] [$5.4]


IVORY COAST
World Bank Rescues CIE
Up until the end of 2007 the Compagnie Ivoirienne d’Electricite (CIE) supplied the north of the country without being paid. The World Bank is going to make up the shortfall. (...) [225 words] [$5.4]


Abuja New Plan to Improve Power Production
[85 words] [$1.8]


Kinshasa First Quantum Minerals to Work on Inga 2
[89 words] [$1.8]


SOUTH AFRICA
Eskom Sees Upturn on Cards
The former boss of the Anglo-Gold mining group Robert Godsell, who was called in urgently in July to take over as head of the power utility Eskom, presented a first report on his operations at the end of January. (...) [287 words] [$5.4]


NIGERIA
John Orange
The Canadian firm Exile Resources has named BP veteran John Orange to its board. Orange is already a member of the board at Britain’s Premier Oil. (...) [108 words] [$5.4]



TUNISIA
James Buckee
James Buckee is scheduled to replace Ed Story, the chief executive of the British firm Soco, as a non-executive director of the firm Cairn Energy Plc. (...) [120 words] [$5.4]


NIGERIA
Mohammed Sanusi Barkindo
As Africa Energy Intelligence had anticipated (AEI 478), the appointment of Rilwanu Lukman as Nigeria’s oil minister at the end of December quickly benefited 50-year-old Mohamed Sanusi Barkindo who was named managing director of the Nigeria National Petroleum Co (NNPC) in mid-January. (...) [177 words] [$5.4]


NIGERIA
Billy Agha
In late January, Godwin Ukpaima Billy Agha was appointed director of Nigeria’s Department of Petroleum Resources (DPR) that awards oil blocks and negotiates contracts with the majors. (...) [171 words] [$5.4]


ALGERIA
Naftal
[77 words] [$1.8]



ALGERIA
Sonatrach
[136 words] [$1.8]


MOROCCO
ONHYM
[100 words] [$1.8]


	SAO TOME AND PRINCIPE/NIGERIA
	Disappointed with the JDZ
	Sao Tome president Fradique de Menezes travelled to Nigeria in mid-January for talks with Nigerian head of state Umaru Yar’Adua concerning the state of play with work on the Joint (...) [166 words] [$1.8]



	GUINEA
	Kadhafi Backs Putsch
	Libyan leader Muammer Kadhafi has just sent two generators producing 800 kVA each by special ship to Conakry. (...) [127 words] [$1.8]


	WESTERN SAHARA
	Creating an EEZ
	The Sahrawi Arab Democratic Government (SADG) in Western Sahara officially announced on Jan. (...) [197 words] [$1.8]


	AFRICA
	Singapore and Africa
	International Enterprise, a government agency that helps Singapore’s companies to set up operations abroad, has stated that it wants to focus on Africa which it views as the lone area (...) [201 words] [$1.8]


AFRICA
Fulbright & Jaworski
[123 words] [$1.8]



NIGERIA
Control Risks Group
[88 words] [$1.8]


ANGOLA/GERMANY
Gauff Ingenieure GmbH
[96 words] [$1.8]


	MADAGASCAR
	Correction
	Contrary to what Africa Energy Intelligence has reported on several occasions, the Africa Oil Corp founded by Lukas Lundin does not own 9. (...) [147 words] [$1.8]


	CONGO-K
	SNEL’s Profits to be Seized
	For the past two years, the American firm FG Hemisphere has held debt of Congo-K’s Societe Nationale d’Electricite and has been taking action to recover the money. (...) [174 words] [$1.8]



	UNITED KINGDOM
	Financiers flock to Tullow
	The Irish group Tullow Oil took only one day to raise USD 565 million in a cash infusion it had thought might theoretically take three or four weeks to complete. (...) [270 words] [$1.8]


	FRANCE
	Maurel & Prom Convicted
	France’s Autorite des Marches Financiers revealed on Jan. (...) [125 words] [$1.8]


Abuja
Kenneth Julien
[72 words] [$1.8]


New Delhi
Emmanuel O Egbogah
[80 words] [$1.8]


Luanda
Miguel Trovoada
[64 words] [$1.8]

Archive n° 597 - 01/28/2009

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