| AFRICA ENERGY INTELLIGENCE n° 318 - 13/03/2002 |
|
|
|
CONGO - B Congo-B: The Real Oil Bosses With presidential elections scheduled for May 10, Congo-Brazzaville's Societe Nationale des Petroles du Congo (SNPC), which has remained largely in the shadows since it was set up in 1998, has been asked by the World Bank to open its books (AEI 304/317). (...). [Total : 602 Words].
(8,2USD)
|
|
MIDROC Al Amoudi's African Strategy
Owner of the Midroc group, Mohamed Al Amoudi recently set up a new company, Arab-African Petroleum Company (ARAPCO) specifically to snap up concessions in Africa and develop them with foreign partners. (...). [Total : 257 Words].
(4,7USD)
|
ENCANA New Junior Could Make Africa Push PanCanadian and Alberta Energy announced a plan to join forces in early March and their shareholders will be asked in April to approve the merger. (...). [Total : 292 Words].
(4,7USD)
|
ENTREPOSE CONTRACTING Maintenance Contract for Warri Refinery Formed out of a merger between the French concerns Entrepose and Delattre Bezons, the group Entrepose Contracting has just won a $21. (...). [Total : 33 Words].
(FREE!)
|
CMS New License in Tunisia
Named Takrouma, it will call for a $4.2 million investment over a five year period. (...). [Total : 32 Words].
(FREE!)
|
ERHC Partnership with Western Geco The U.S. firm Environmental Remediation Holding Corporation (ERHC) which owns extensive rights on the joint Nigeria-Sao Tome maritime zone (AEI 413-4`2) had just formed a partnership with Western Geco. (...). [Total : 70 Words].
(1,5USD)
|
AMERADA HESS New Find in Equatorial Guinea Amerada Hess, which bought Triton last year, has made a new discovery named Akom on Equatorial Guinea's block G. (...). [Total : 61 Words].
(1,5USD)
|
ENDESA Cutback on Investment The Spanish utility Endesa intends to cut its investment budget by 35% and spend no money outside of Spain for the coming three years. (...). [Total : 55 Words].
(1,5USD)
|
IBERDROLA LNG Contract in Algeria Spain's second-ranking power utility, Iberdrola, has inked a contract to purchase a billion cu. (...). [Total : 47 Words].
(1,5USD)
|
|
MALI New Exploration Push Africa Energy Intelligence has learned that Mali's government is to issue an invitation to tender for 15 blocks this coming autumn. (...). [Total : 235 Words].
(4,7USD)
|
AFRICA IFC Backs ex Energy Africa Men As Africa Energy Intelligence reported (AEI 302), the International Finance Corp. began some time back to invest in African oil. (...). [Total : 254 Words].
(4,7USD)
|
MOROCCO Skidmore vs Dallah Albaraka
As reported by Maghreb Confidential (Indigo Publications), the U.S. group Skidmore, which previously held a majority stake in the Lone Star oil company, has hired the Texas-based law firm Haynes & Boone and the well-known American lawyer Robert Shapiro to represent its interests. (...). [Total : 457 Words].
(4,7USD)
2
|
SUDAN Talisman's Slow Motion Pull-Out
In presenting Talisman's financial results for 2001 in early March, the Canadian firm's boss, Jim Buckee, spelled out the figures for the Greater Nile Petroleum Corporation (GNPC) which exploits the Heglig fields, and in which Talisman holds a 25% stake. (...). [Total : 293 Words].
(4,7USD)
|
TOGO Medex in Phosphates Deal? According to the trade mission at the French embassy in Abidjan, the Cypriot firm Medex is now running the show in Togo's phosphates sector. (...). [Total : 223 Words].
(4,7USD)
|
TANZANIA Aminex Makes its Debut With $24 million in hand from the sale of its gas licenses in the Komi Republic in the Russian Federation to Russia's Lukoil group, the Irish firm Aminex has bought the Tanzoil company for GBP 3. (...). [Total : 244 Words].
(4,7USD)
|
MADAGASCAR Triton On Way Out? The U.S. firm Triton Energy, now an affiliate of Amerada Hess, is thinking of pulling out of the Ambilobe concession which it has held off the island's north-west shore since 1997. (...). [Total : 128 Words].
(4,7USD)
|
LIBYA European Firms Air Grievances A number of European oil companies took advantage of the first oil summit meeting of the Community of Sahel-Saharan States (CENSAD), an organization set up by Libyan leader Muammar Kadhafi in 1998 to represent 18 nations in the Sahel and central Africa, in Casablanca last month to vent their frustration over Libya's slowness in awarding oil concessions. (...). [Total : 161 Words].
(4,7USD)
|
ALGERIA China National Petroleum's Big Plans for Algeria The China National Petroleum Corporation (CNPC) is bidding for two new projects on top of its efforts to win a contract to build a refinery at Adrar in the Sbaa basin in partnership with CNODC, Cepsa and TotalFinaElf. (...). [Total : 98 Words].
(1,5USD)
|
MAURITANIA New Estimate for Chinguetti's Reserves Following our article on the conflicting estimates of potential reserves on block 4 on which the Chinguetti field is located, Alain Stein, chairman of Fusion Oil & Gas says that a new study of reserves had been made by the British firm Scott Pickford. (...). [Total : 123 Words].
(1,5USD)
|
NIGER Who's To Buy SONIDEP? The Societe Nigerienne des Petroles (SONIDEP) is one of Niger's rare money-making companies but the government dips into its profits. (...). [Total : 119 Words].
(1,5USD)
|
GUINEA Seismic Survey in Offshore Guinea is the only non-oil producing nation in West Africa to omit to organize a bidding round this year (AEI 314) but it is now trying to make up for lost time in exploring for oil. (...). [Total : 131 Words].
(1,5USD)
|
|
AFRICA Cloud Over World Bank Trust Funds African Intelligence Energy's sources in Washington report that the World Bank is planning a major overhaul of its trust fund system under which 850 funds receive money directly from donor governments each year for specific purposes and spend $1 billion annually without needing a green light from the Bank's board. (...). [Total : 259 Words].
(4,7USD)
|
CONGO - K/ZIMBABWE Power at Unbeatable Price According to information gleaned by Africa Energy Intelligence in London and Brussels, the British Foreign Office and a Belgian Senate panel inquiring into the situation in the Great Lakes are keenly interested in the billing system that Congo-K's Societe National d'Electricite uses to sell power to the Zimbabwe Electricity Supply Authority. (...). [Total : 228 Words].
(4,7USD)
|
UGANDA Government Cancels Sell-Off Under the auspices of the World Bank, the Uganda government pledged last year to privatize two companies formed from the break-up of the Uganda Electricity Board, the Uganda Electricity Distribution Company (UED) and the Uganda Electricity Generation Board (UEG). (...). [Total : 311 Words].
(4,7USD)
|
|
|
|
AFRICA Financial Woes for AES The U.S. group AES faces a lot of financial troubles in its African affiliates as it pursues negotiations to take over Senegal's Senelec following Vivendi's withdrawal. (...). [Total : 149 Words].
(1,5USD)
|
MALI Gulf Nations to Bankroll Tassaye Dam Several Arab development funds are to put up half of the $150 million needed to build a new dam and 80-100 MW power station on the Niger river at Tossaye in Mali. (...). [Total : 83 Words].
(1,5USD)
|
NIGERIA U.S. ExIm Bank Offers Guarantee to Nigerian Banks The U.S. ExIm Bank has signed an agreement with six Nigerian banks that will enable them to finance energy projects and specially the purchase of American oil equipment. (...). [Total : 70 Words].
(1,5USD)
|
NIGERIA Fallout from Break with IMF Announced last week, Nigeria's rejection of the monitoring accord it signed with the International Monetary Fund in 2001 could have a major impact on the oil sector. (...). [Total : 144 Words].
(1,5USD)
|
CHAD $30 Million for STEE In April the World Bank will examine a $30 million loan to the Societe Tchadienne de l'Eau et de l'Electricite and for the rehabilitation of the power grid in N'Djamena, Moundou, Sahr and Abeche. (...). [Total : 107 Words].
(1,5USD)
|
EQUATORIAL GUINEA IMF Drops in on Oil Ministry Keen on having the IMF initiate a program in Equatorial Guinea, the government was all smiles when a mission from the institution headed by Donald Donovan turned up in Malabo last week. (...). [Total : 112 Words].
(1,5USD)
|
KENYA KPLC Posts $28 Million Shortfall The Kenyan Power and Lighting Corporation (KPLC) posted a $28 million loss in the second half of 2001. (...). [Total : 59 Words].
(1,5USD)
|
ALGERIA Khelil in Moscow for Energy Talks
Russia's Lukoil and Surgutneftgaz could well follow their fellow Russian concerns, Stroytransgaz and Rosneft, in setting up operations in Algeria. (...). [Total : 133 Words].
(1,5USD)
|
LIBYA Oil Deliveries to Pakistan? Anxious to reduce its dependency on the Gulf for its energy supplies, Pakistan appears keen on importing crude from Libya. (...). [Total : 46 Words].
(1,5USD)
|
CAMEROON Australia's Oil Diplomacy Australia and Cameroon have just established diplomatic relations and Australia's ambassador in Nigeria will shortly be accredited to Yaounde. (...). [Total : 78 Words].
(1,5USD)
|
SOMALIA Libyan Experts for Mogadishio Power Station Libya could help Somalia restore the power station at Mogadishio that was destroyed in 1991 and never re-built (electricity in the capital is supplied only by generators). (...). [Total : 46 Words].
(1,5USD)
|
|
WORLD BANK Ian Wright A Canadian, Ian Wright, has been put in charge of overhauling the Trust Funds system at the World Bank which involves funds directly allocated to the bank by donor countries (see P. (...). [Total : 87 Words].
(4,7USD)
|
OMVS Mohamed Salem Ould Merzoug Former Mauritanian minister of health, justice and energy, Mohamed Salem Ould Merzoug has just been named high commissioner of the Organisation pour la Mise en Valeur du Fleuve Senegal (OMVS) which also manages the Societe de Gestion de l'Energie de Manantali (SOGEM) that operates the Manantali dam. (...). [Total : 116 Words].
(4,7USD)
|
UNITED STATES Michael Glanz Head of the international department at the lobbying concern Foley, Hoag & Eliot, Michael Glanz is going to work on behalf of the Canadian firm Talisman (see P. (...). [Total : 117 Words].
(4,7USD)
|
UNITED STATES Robert McKee III
Following the merger between Conoco and Phillips (AEI 311), Robert McKee III, vice president of Conoco since 1996, will run the future ConocoPhillips group's exploration and production department. (...). [Total : 60 Words].
(FREE!)
|
SOUTH AFRICA Reuel Khoza Chairman of Eskom since 1997, Reuel Khoza will shortly be named chairman of the South African utility's board of directors. (...). [Total : 125 Words].
(4,7USD)
|
NIGERIA Jude O. Amaefule Head of the Nigerian firm Vision Reservoir Management Technologies, Jude O. Amaefule has benefited from a government ruling that local firms be handed more oil industry contracts. (...). [Total : 82 Words].
(4,7USD)
|
|
ANGOLA/UNITED KINGDOM Angola Oil & Gas Summit IBC Global Conferences is organizing a conference on Angolan oil in London on May 23-24. (...). [Total : 77 Words].
(1,5USD)
|
WEST AFRICA Oil and Gas in the Gulf of Guinea The CWC Group is organizing a conference in London on May 21-22 on the latest oil and gas developments in West Africa. (...). [Total : 89 Words].
(1,5USD)
|
|