previous Archive n° 634  - 09/01/2010 next  
Philippe Vasset
GHANA Editor in Chief
Fight Narrows Down for Giant Jubilee Field
After a year of squabbling with Ghana’s government, ExxonMobil has finally dropped the idea of laying out USD 4 billion for Kosmos Energy’s assets in Ghana, and particularly for its shares in the huge Jubilee field that is due to produce 120,000 bpd starting from next year. (...)   [689 words]   [$11,2]
   
 
NIGER
Question Over Agadam Reserves
   The China National Petroleum Corp. (CNPC), operator of the Agadem field, has identified around 20 new pockets of oil in the area since 2008. (...)
 [206 words]   [$7]
 
 
UGANDA
Short End of Stick for Regions
   A new version of draft oil legislation promises only a fraction of petroleum revenue to the producer areas.  (...)  [252 words]   FREE
 
ZAMBIA
Key Tank Farm at Livingstone
   Britain’s EBFI and the South African group Engen want to build a tank farm to store 400 million liters at Livingstone.  (...)  [206 words]   [$7]
CONGO-K
ENI Takes its Revenge
   The Italian major’s debut in August on the Ndunda coastal block is only the first step towards other investments in Democratic Republic of Congo.  (...)  [266 words]   [$7]

Banjul    Buried Hill Finds a Partner
 [156 words]   [$2,1]
Tripoli    GB to Pull Out
 [145 words]   [$2,1]
Maputo    ENH Debuts in Sofala
 [73 words]   [$2,1]
NIGERIA/IVORY COAST
Strains in MRS- Petroci Tandem
   Two years after buying Chevron’s service stations in West Africa, Nigeria’s MRS and its Ivory Coast partner, Petroci, are finding it hard to work together.  (...)  [277 words]   [$7]
ALGERIA
Bidding Round at Year’s End
   After an abortive attempt last year, Algeria plans to put new exploration licenses up for sale at the end of this year.  (...)  [234 words]   [$7]

CONGO-K/ANGOLA
End to Chevron Pipeline Saga
   Chevron will pay only USD 39.7 million for the right to cross Congolese waters with a pipeline to its Soyo plant.  (...)  [294 words]   [$7]
ALGERIA
Gas for Export Could be Lacking
   A government report indicates that gas consumption is increasing in Algeria, but not production. As a result, some export projects could fall flat.  (...)  [378 words]   [$7]

Yaounde    Bowleven in Gas Find
 [49 words]   [$2,1]
NIGERIA
New Movement on Brass LNG
   President Goodluck Jonathan’s interest in the Brass LNG project in the Niger Delta - he is a native of the region - has helped to revive the project over the past months (AEI 623/624 and 628).  (...)  [224 words]   [$7]

CONGO-K
Nobody Wants to Operate SNEL
   Congo-K’s state-owned utility SNEL is in such poor condition that no company has stepped forward to help restructure it.  (...)  [228 words]   [$7]
BURKINA FASO/GHANA
Ouagadougou Turns to Accra
   With its Ivory Coast supplier hit by chronic shortfalls, Burkina Faso is to buy its electricity from Ghana via a new power line.  (...)  [228 words]   [$7]

Pretoria    Kusile Project Could be Dropped
 [117 words]   [$2,1]
TOGO
Hefty Penalty For Government
   After legal proceedings lasting four years, an arbitration court has ordered Togo to pay EUR 60 million to France’s GDFSuez, former operator of CEET.  (...)  [315 words]   [$7]

MADAGASCAR
Zhuo Ze Fan
   China’s Zhuo Ze Fan was named the new chairman of the board of Sunpec, a company listed on the Hong Kong stock exchange, on July 30.  (...)  [104 words]   [$7]
 
CAMEROON
Don Nelson
   Victoria Oil & Gas hired Don Nelson as head of its operations in Cameroon on Aug. 18. An oil industry veteran aged 61, Nelson began his career as project manager for Amoco in the United Kingdom.  (...)  [159 words]   [$7]
 
AFRICA
Tutu Agyare
   Although the Irish group Tullow Oil is active pretty well everywhere on the continent, no African sat as a director of the company.  (...)  [129 words]   [$7]
SAO TOME AND PRINCIPE
Carlos Manuel Vila Nova
   On the heels of legislative elections on Aug. 1 that brought Patrice Trovoada to office as prime minister, Carlos Manuel Vila Nova was named Sao Tome and Principe’s natural resources and public works minister on Aug.  (...)  [199 words]   [$7]

NIGERIA
PHCN
 [93 words]   [$2,1]
 
SOUTH AFRICA
PetroSA
 [127 words]   [$2,1]
 
ANGOLA
Sonangol
 [101 words]   [$2,1]

UGANDA
Tullow Loses Kingfisher
   Uganda still hasn’t confirmed Tullow Oil’s acquisition of the shares of Heritage on blocks 1 and 3A.  (...)  [210 words]   [$2,1]
 
SUDAN
Southerner Against Split
   During a private visit to Washington in late August, the central government’s new oil minister, Lual Deng, a member of the Sudan People’s Liberation Movement (SPLM) told the Al Sharq  (...)  [202 words]   [$2,1]
 
ALGERIA/INDIA
Grim Outlook for TSGP
   In calling on New Delhi at the end of August to take part in building and financing the Trans Saharan Gas Pipeline (TSGP), the Algerian ambassador to India, Mohammed Hacene Echarif,  (...)  [202 words]   [$2,1]
ALGERIA
Oil Firms Under Scrutiny
   The Algerian government issued a decree on Aug. 25 setting up an Office Central de Repression de la Corruption.  (...)  [99 words]   [$2,1]

ALGERIA
Standard Chartered
 [79 words]   [$2,1]
 
CAMEROON
GoodWorks International
 [118 words]   [$2,1]
 
GHANA
Stellar Energy
 [113 words]   [$2,1]

MOZAMBIQUE
EIB Okays Big Power Scheme
   The state-owned utility Electricade de Mocambique (EDM) represented by Augusto Fernando, and the European Investment Bank (EIB) and its southern Africa director, David White, signed  (...)  [220 words]   [$2,1]
CONGO-K
Big Plans up India’s Sleeve
   A memorandum of understanding was signed on Aug. 5 in Kinshasa for the disbursement of USD 42 million by Eximbank of India for the construction of the 9.  (...)  [189 words]   [$2,1]
 
GHANA
Kosmos Owes USD 1.25 Bn
   Having failed to sell its stakes in Ghana (see Page 1), the American group Kosmos must now pay its share in developing the Jubilee field that is due to start producing oil at the end  (...)  [144 words]   [$2,1]
 
MOROCCO
Circle Oil Raises Cash
   The Irish group Circle Oil proceeded with a cash injection in early August in order to raise around USD 61.  (...)  [144 words]   [$2,1]

Seoul
Henry O. Ajumogobia
 [83 words]   [$2,1]
 
Vienna
Simon D’Ujanga
 [59 words]   [$2,1]
 
Nampula
Salvador Namburete
 [72 words]   [$2,1]
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