Spotlight WEST AFRICA 05/12/2017

BP sets up commando unit to make comeback

After showing little interest in sub-Saharan Africa for a good number of years, British major BP is decidedly back in the game and has already started to flex its muscles. New dynamic - As a sure sign of its [...]

Oil

General Electric bends Museveni's hand over refinery financing

Since the American giant General Electric (GE) became the main go-between for president Yoweri Museveni over the construction of the [...]

Cheikh Gadio, amateur oil lobbyist to Deby for Chinese oil firms

Paid to facilitate relations between the Chadian power and Chinese firms, the former Senegalese minister has fumbled his way into being arrested in New York. [...]

Double trouble for Addax Petroleum

Barely free of its legal tussle in Nigeria, Sinopec's subsidiary is now having to deal with free-falling production from its assets in the country. [...]

ExxonMobil sends signature bonuses skyrocketing

The American major is all set to pick up three offshore blocks but not at any price! [...]

Why Yi Zhang decided to shift Addax out of Geneva

Deloitte's explosive audit of Addax Petroleum, in which it explains its reasons for refusing to validate the Sinopec unit's 2015 financial statements, has shed led on its organisation in Gabon. [...]

Lord Energy's string of bad luck

Panamanian crude oil tanker DS Valentina, chartered by Swiss trader Lord Energy, headed out on its journey along the West [...]

Bongo behind the scenes at Sogara

As Africa Energy Intelligence understands, Societe gabonaise de raffinage (Sogara) is about to undergo a hard-hitting audit by the ministry [...]

Lucien Ebata's secret Russian trip to save SNPC

As Africa Energy Intelligence anticipated (see our special report here), oil trader Lucien Ebata, propelled mid-year into the role of [...]

NNPC and Agip-Oando playing hush-hush over OML 125/134 talks

After more than a decade of barbed relations with Nigerian National Petroleum Corp (NNPC) over tax rates applied to the [...]

Laures, SBM Offshore's mysterious French agent

A key name is missing from the long indictment unsealed on November 29 by the US Department of Justice (DoJ) [...]

Perenco backed into a corner and forced to renegotiate Free

Cornered into its long-term Bas-Congo fief, the family oil firm has to front up to the Congo-K government's ambitions to come to an agreement on its production terms and conditions. [...]

OML 25: who is Crestar trying to secure new partnerships with?

Nigerian junior Crestar, which in 2014 took Shell's 45% share [...]

Oryx Energies counts on Mass Jobe family in Banjul

By taking a 75% interest in distributor Atlas Energy (formerly [...]

Taleveras hounded by maritime giant GAC

The first hearing of the case pitting maritime Gulf Agency [...]

Denis Christel's Israeli adventures

While his counterpart Lucien Ebata is looking for financing in [...]

Offshore waters still turbulent for Hyperdynamics

Since it was announced in early November, the purchase of [...]

Onshore newcomer Stamper carefully plots its course

Canadian junior Stamper Oil & Gas, which purchased 50% of [...]

Electricity

Why Inga III is giving investors cold feet

Previously a hot favourite for financial institutions, the Inga III dam is feeling the brunt of NGOs' criticism. [...]

AFRICA

Yosef Abramowitz, Israeli energy sales rep in Africa

Through his company Energyia Global, American-Israeli solar energy bigshot, Yosef Abramowitz, is the lead hand behind the memorandum of understanding [...]

Engie short on Ivorian electricity deals

Engie is continuing to put on the pressure in Abidjan to pick up electricity contracts. The French energy group is [...]

Niara Holding fostering Dos Santos' interests in Caculo Cabaca

Three months after president Joao Lourenço stepped into office in [...]

Kudu power project still short on private funds

Some 43 years after Chevron's discovery, the Kudu gas deposit [...]

Corridors of power

ExxonMobil still waiting in the wings of offshore party

Announced as one of the main partners of the Oil [...]

Why the world bank is backing oil ministry

Africa Energy Intelligence understands that Senegalese state-run firm Petrosen is [...]

Energy and mines ministry's lng strategy shrouded in confusion

The Mozambican ministry of energy and mines launched a call [...]

Business circles

Vaalco on the market

Unable to shoulder its development obligations and bowing under the weight of its debt, Vaalco has tasked a corporate banker to find a buyer. [...]

"Biovea": Ivorian State and SIFCA-EDF reach rate deal

The biomass power project has been brought back off the shelf by a new kWh rate deal. [...]

Ministry lays down conditions for ADX's change of programme

While Tunisia's Direction generale des hydrocarbures (DGH) has accepted that [...]

Bourbon court case to take place next year

As Africa Energy Intelligence had anticipated (AEI 796), the court [...]

Wentworth begins new chapter of its story in London

In an effort to reduce costs, Wentworth Resources has decided [...]

ONGC, Stellar Energy Advisors consultant's best buddy

British consultancy concern Stellar Energy Advisors didn't have far to [...]

In-VR polishes Bechir Madet's image

Until recently, British public relations firm In-VR had specialised in [...]

Power brokers

Pontes and Santos, two guardians ofoffshore permits

After basking in a first wave of interest from foreign firms when the country created the joint development zone with [...]

Christian Georges Diguimbaye taken out by Glencore case

Idriss Deby's now ex minister of finance, Christian Georges Diguimbaye, has been shown the door, along with secretary of state [...]

Adama Kamara sent to test waters on continental shelf bid

To move on from its defeat over its maritime border dispute with Ghana, the Ivory Coast has its hopes riding [...]

Petrosen boss Mamadou Faye picks Schlumberger

Several weeks ago, Senegalese State firm Petrosen named Franco-American services concern, Schlumberger as the successful bidder for a technical consultancy [...]

By continuing your visit to this site, you accept the use of cookies allowing us to adapt and enhance your experience.