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)
 Reader Rating : 5/5 Reader Rating : 5/5

MIDROC
Al Amoudi's African Strategy

Sheik Mohamed Al Amoudi
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)
 Reader Rating : 4/5 Reader Rating : 4/5

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!)
 Reader Rating : 3/5 Reader Rating : 3/5

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!)
 Reader Rating : 3/5 Reader Rating : 3/5

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)
 Reader Rating : 5/5 Reader Rating : 5/5

MOROCCO
Skidmore vs Dallah Albaraka

See attached documents
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 Related Documents2
SUDAN
Talisman's Slow Motion Pull-Out

Greater Nile Petroleum Corp. in Soudan
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

Chakib Khelil visited Moscow between March 10-13
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

Robert E. 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!)
 Reader Rating : 3/5 Reader Rating : 3/5

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)