Africa Intelligence : The information you need on " Africa Oil Corp"

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AFRICA ENERGY INTELLIGENCE N°633 - 07/28/2010
SPOTLIGHT
How Vitol is Making its Way in Africa
Long the “third man” in trading in Africa , Vitol is now competing on an equal foot with its two rivals, Trafigura and Glencore, which fought among themselves for years for oil business on the continent. (...). [650 words] [7€]

AFRICA ENERGY INTELLIGENCE N°633 - 07/28/2010
OIL
Soco Focuses on Lake Edward
Even though Britain’s Soco had just begun in July to drill its first well on the Ngazi block in Congo-K the firm announced on July 15 it had sold 20% of its stake on the acreage to Japan’s Inpex Corp . (...). [255 words] [4€]

AFRICA ENERGY INTELLIGENCE N°633 - 07/28/2010
FINANCIAL OPERATIONS
Deutsche Bank Tries Again
After failing in its efforts to syndicate a USD 400 million loan for the Equatorial Guinea government (AEI 480), Deutsche Bank is making a fresh stab at winning business on West Africa’s oil market, this time on behalf of the Ghana National Petroleum Corp (GNPC). (...). [197 words] [1.3€]

AFRICA ENERGY INTELLIGENCE N°633 - 07/28/2010
FINANCIAL OPERATIONS
Funding for Puntland Well
The Canadian firm Africa Oil Corp has moved to raise a total of USD 25 million in two separate cash infusions, on July 20 and at the end of the month. (...). [215 words] [1.3€]

AFRICA ENERGY INTELLIGENCE N°633 - 07/28/2010
CONSULTANTS
Bank of America Merrill Lynch
Having successively failed to acquire Maurel & Prom, Burren Energy and Addax Petroleum, the Korea National Oil Corp (KNOC) is now training its eyes on Dana Petroleum which is present in Mauritania and Guinea. (...). [100 words] [1.3€]

AFRICA ENERGY INTELLIGENCE N°632 - 07/14/2010
OIL
Gazprom On The Move
Gazprom Neft, the oil arm of the Russian gas behemoth, finalized a contract with Equatorial Guinea on June 25 that amounted to its first-ever direct deal outside of Russia . (...). [342 words] [FREE]

AFRICA ENERGY INTELLIGENCE N°632 - 07/14/2010
GAS
Some Jubilee Gas to be Flared
Africa Energy Intelligence understands that, contrary to claims by the Ghanaian government, some of the Jubilee field’s associated gas will be flared off until collection networks can be built. (...). [274 words] [4€]

THE INDIAN OCEAN NEWSLETTER N°1288 - 06/26/2010
BUSINESS CIRCLES/COMPANIES
Red Emperor Resources
The Canadian company Africa Oil Corp has persuaded the Australian firm Red Emperor Resources to acquire 10% of its oil search permit in Puntland (self-administered province in the north east of Somalia). (...). [69 words] [1.3€]


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