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	Africa Energy Intelligence /Latest Issue

N°607 Paris,  24/06/2009 Subscribe  | Country Channels Philippe Vasset ANGOLA Editor in Chief China Sonangol Out to Conquer the World Founded in 2004 to push through several oil projects in Angola and China, China Sonangol International Holding Ltd quickly diversified into other businesses than oil and is now active in Africa, Latin America and South-East Asia. Africa Energy Intelligence takes a closer look at the hidden side of Sino-Angolan cooperation. (...)   [633 words]  [$8.2]       CONGO-B Chicken King’s Wings Clipped    Prestoil, a French petroleum firm founded in 2005 by Gerard Bourgoin, has sold the 55% it owns on the offshore Marine III license to countryman Maurel & Prom. (...)  [238 words]  [$4.7]     NIGER CNPC’s Plans for Abadem    Recent drilling has confirmed the reserves of the huge Agadem field. The oil could be exported by a pipeline via Benin and supply an eventual refinery at Zinder.  (...)  [394 words]    SOMALIA Puntland Keeps Eye on Oil Firms    The new president of the breakaway Somali province of Puntland is honoring his electoral promises by keeping close checks on work carried out by oil companies.  (...)  [226 words]  [$4.7] KENYA New Play for Lundin Family    Two years ago Lundin Petroleum was beaten out for a license by a Kenyan company. Africa Oil, which is controlled by the Lundin family, has now won it back by buying out the Kenyan concern.  (...)  [224 words]  [$4.7] Kampala    Dry Well for Tower  [124 words]  [$1.5] Bujumbura    Terra Seis Awarded Two Blocks  [72 words]  [$1.5] BURUNDI A Powerful South African Dynasty    After a number of setbacks in Congo-K, the wealthy South African family Moseneke has built up its oil interests in the Great Lakes region.  (...)  [356 words]  [$4.7] TUNISIA PetroAsian Plants its Flag    An indirect affiliate of China Oil Resources, which makes most of its money from manufacturing and selling paint, has bought into the Tunisian concession of Ksar Hadada.  (...)  [210 words]  [$4.7] NAMIBIA Crucial Choices for Kudu    The fate of the Kudu field hangs entirely on the price of its gas. The field’s operator, Tullow Oil, will shortly present its first estimate of that price.  (...)  [223 words]  [$4.7] NIGERIA Abuja Wields Stick and Carrot    In a bid to persuade Chevron and Shell to sell it gas for Nigeria’s power plants, the Nigerian government has won a financial guarantee from the World Bank.  (...)  [202 words]  [$4.7] Tripoli    More Gas from Greenstream  [80 words]  [$1.5] Kinshasa    Agreement with Rwanda on Lake Kivu  [146 words]  [$1.5] ALGERIA Repsol’s Consolation Prize    Africa Energy Intelligence understands Algiers is about to offer Repsol some consolation for its loss of the contract for the huge Gassi Touil field.  (...)  [235 words]  [$4.7] MOZAMBIQUE Energia Capital Down but Not Out    A Mozambique company close to the government has won a consolation prize after losing the contract for Mpanda Nkuwa.  (...)  [200 words]  [$4.7] IVORY COAST World Bank Back in Business    After a 10 year hiatus, the World Bank has begun to invest modestly in Ivory Coast’s power sector and other bigger projects are in the works.  (...)  [262 words]  [$4.7] Lusaka    Huge Power Blackout  [154 words]  [$1.5] CONGO-K Billiton May Get Nod for Inga 3    Africa Energy Intelligence understands that Congo’s deputy prime minister in charge of construction, Emile Bongeli, recently indicated he was highly favorable to a project by BHP Billiton to build the 4,300 MW Inga 3 dam.  (...)  [313 words]  [$4.7] MADAGASCAR Desire Rasidy    Madagascar’s new strong-man, Andry Rajoelina, named a new boss of JIRAMA, the company’s water and power utility, on June 8.  (...)  [113 words]  [$4.7]   NIGER Dean Callaway    The appointment of Dean Callaway as new financial director of TG World Energy Corp put an end to a hiatus lasting nearly ten months since the former director, George Chelico, left the company last August.  (...)  [144 words]  [$4.7]   MAURITANIA Camara Bakary    The oil portfolio in Mauritania’s national union government that will soon take office formally in Nouakchott will be held by Camara Bakary.  (...)  [176 words]  [$4.7] UNITED KINGDOM/ANGOLA Antonio Monteiro    A former Portuguese diplomat in Angola and Democratic Republic of Congo, Antonio Monteiro, has replaced John Snyder on the board of the British oil company Soco.  (...)  [153 words]  [$4.7] ANGOLA Sonangol  [92 words]  [$1.5]   LIBYA NOC  [144 words]  [$1.5]   NAMIBIA Namcor  [93 words]  [$1.5] CONGO-K/UGANDA Tension on the Border    In mid-June, the police commissioner in the Uganda district of Nebbi north of Lake Albert accused Congolese soldiers of establishing an illicit border post in Goli in the Ituri re  (...)  [190 words]  [$1.5]   NIGERIA/CAMEROON New Bickering Over Bakassi    Meeting for the first time since Bakassi was awarded to Cameroon in August, 2008, delegations from Nigeria and Cameroon found themselves arguing over the peninsula again in New York  (...)  [156 words]  [$1.5]   RUSSIA/AFRICA Medvedev Versus the EU    A visit to Africa by Russian president Dimitri Medvedev between June 23-27 could well be marked by significant headway on the Trans Saharan Gas Pipeline (TSGP) project.  (...)  [230 words]  [$1.5] GHANA/NIGERIA Abuja Keeps Accra Waiting    Visiting the 200 MW Sunon Asogli power station at Tema some 25 km from Accra, in early June, Ghanaian president John Atta Mills voiced concern over delays in deliveries of gas from  (...)  [147 words]  [$1.5] MOZAMBIQUE/LESOTHO Sweco  [140 words]  [$1.5]   KENYA/UGANDA Mott MacDonald  [94 words]  [$1.5]   CONGO-B Goldwyn International Strategies  [79 words]  [$1.5] CONGO-K King & Kings’ Case Dismissed    On June 8, Congo-K’s supreme court threw out a suit that the Polish group King and King had filed against the awarding of oil licenses to Surestream, Soco and Energulf.  (...)  [139 words]  [$1.5] NIGERIA Shell’s Envoys    Part of the USD 15.5 million that Shell will pay to the Ogoni community in Nigeria will be managed by Nigerian lawyers and oil companies.  (...)  [147 words]  [$1.5]   CENTRAL AFRICAN REPUBLIC Grynberg Battles Bangui    Initiated in 2007, an arbitration procedure between the U.S. oil firm Grynberg and Central African Republic had long been stalled because of foot dragging on Bangui’s part (AEI 46  (...)  [158 words]  [$1.5]   ALGERIA Sonangol on Buying Spree    Stepping up its acquisitions outside of Angola, Sonangol has just bought a stake in Oil Spill Response Company (OSPREC), a firm founded by Sonatrach in 2004 and specializing, as its  (...)  [110 words]  [$1.5] AFRICA The M&A Kings    On May 26 Africa Energy Intelligence predicted that the sale of Heritage Oil and Addax was imminent (AEI 605).  (...)  [142 words]  [$1.5] Abuja Ho Sook Wah  [94 words]  [$1.5]   Cape Town Victor Boblai  [62 words]  [$1.5]   Berlin Yoweri Museveni  [69 words]  [$1.5]

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