Spotlight IVORY COAST 10/10/2017

Post-mortem of maritime border debacle with Ghana

By ruling in favour of Ghana on its maritime border dispute with the Ivory Coast, the International Tribunal for the Law of the Sea in Hamburg has effectively stripped Abidjan of significant reserves but also of its exploration potential (see [...]

Oil

Guitouni taking his time on hydrocarbon law reform

Despite having the green light from prime minister Ahmed Ouyahia to revise the country's hydrocarbon legislation, the ministry of energy [...]

IMF dissects SNPC's $900 million loan

The institution's Washington delegation, which has been in Brazzaville for the past two weeks, has taken a particular interest in a $914 million loan subscribed by Congo-B's state-run oil firm. [...]

Kachikwu and Baru's umpteenth battle over marginal fields

Contradictory lists of which marginal fields about to go on sale are being circulated around Nigeria. The best informed local juniors are trying to play their cards right. [...]

ExxonMobil prepares offshore revenge

The American major is working on a top secret project to take over a strategic block. [...]

Hydra Offshore, international oil players' partner of choice

The Ghanaian oil engineering company Hydra Offshore Group is enjoying a wave of success with international oil and para-oil companies [...]

Impact Oil & Gas doing swimmingly in offshore

French major Total's soon-to-be entry into permit 2913B further confirms the renewed interest international oil firms have been showing in [...]

Former BP exec Stephen Staley plans offshore comeback

UK-based junior Upland Resources is hoping to soon see an outcome from its lengthy talks with the Moroccan government to [...]

Joao Lourenco gives Sonangol free rein of oil sector

With a bulky minister of natural resources operated by a little-known mining expert, the new Angolan president is likely to allow Sonangol to steer the largest sector of the country's economy. [...]

Bluestar gets ready to sell block after border decision Free

According to our sources, the operator of the Offshore South-West Tano block, ideally located between Tullow Oil's Jubilee and TEN [...]

AFRICA

Ex-Afren bosses unite against the courts

On October 25, Osman Shahenshah and Shahid Ullah, respectively former [...]

Salva Kiir invites all the hobnobs to his first oil get-together

For the first time in its short history, South Sudan [...]

Alison-Madueke's yacht won't anchor in Washington easily

The US Department of Justice (DoJ)'s attempt to seize $144 [...]

Gas

LNG: Gazprom signs deal of the century

The Russian colossus has struck a deal with Ghana to supply the country with liquefied gas, but not at any price. [...]

Aminex fills coffers and prepares for battle

The British junior active in Tanzania is out of the red this year and can calmly plan its future. In [...]

End of the road for former gas princess: Esperanca Bias

Mozambique's former defence minister Alberto Chipande, a man with his [...]

CGG's hunt for new Mozambican Eldorado

French concern CGG (Compagnie generale de geophysique) has launched into [...]

Imminent cash injection for ADX Energy to move forward on Dougga

Australian junior ADX Energy, which hopes to start drilling a [...]

Electricity

Siemens' sweet dreams in Antananarivo

The German group has signed a memorandum of understanding with the Malagasy state to bulk up the country's power grid. But it's far from in the bag! [...]

Kenyatta's final leg up for Lamu power station

The state-run pension fund National Social Security Fund (NSSF) appears to be ready to invest in the future 900 MW [...]

Cahora Bassa dam champion in top Frelimo role

One of the new members of ruling party Frelimo's political commission, appointed during the party congress held in Matola from [...]

Abidjan in a power pickle with Accra

Ghana's Volta River Authority (VRA) has continued to rack up [...]

REG lowers its output expectations

Five months after appointing Israeli expert Ron Weiss as its [...]

Corridors of power

Oil firms pulling out of offshore as output continues to freefall

Next year will be a boon for Ghana. Its Jubilee [...]

Operators lament complete halt to Hyrdocarbon code revision

The number of meetings between oil companies interested in Gabon's [...]

Business circles

Consultancy bigwigs in the running to help Sonatrach reboot

BCG, EY, Deloitte and PwC are battling it out to help the Algerian state-run firm overhaul its financial management. [...]

Assala Energy's week of hazards

Shell has managed to round off its deal with the Gabonese government on the sale of their shared permits just at the last minute. The buyer, Assala Energy, has 21 days to announce its decision. [...]

Cofarco and Zeus out hunting for funds for OPL 226

Canadian junior Canadian Overseas Petroleum (COPL), which aims to drill [...]

San Leon's dividends hanging on NNPC's payments

Shareholders of Irish junior San Leon Energy, which in 2016 [...]

Victoria Oil playing with Bowleven's nerves

Scottish junior Bowleven, whose new management has been trying to [...]

Davis Polk, helps out Maersk Oil negotiate with Total

Hoping to close the deal by the first quarter of [...]

Jeantet courts continent's oil players in Warsaw

In late September, French lawyer Thierry Lauriol, oil industry expert [...]

Power brokers

Isabel dos Santos ever more unimpeded at head of Sonangol

The reshuffle of state-run firm Sonangol's board of directors at the end of September should give the company chairwoman Isabel [...]

Moustapha Ould Bechir, the invisible hydrocarbons director

A good number of officials in Mauritania's ministry of oil and mines were pleased to see the back of hydrocarbons [...]

Medard Kaleman, last unchallenged gas man at ministry

The discreet Tanzanian deputy minister for energy and mines, Medard Kaleman, who has held his post since 2015, is one [...]

Robert Kasande now in pole position to take over energy ministry

Petroleum Authority of Uganda boss, Ernest Rubondo, may have been the red-hot favourite a few weeks ago, it now seems [...]

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