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Spotlight GABON 23/01/2018

Another DGH boss falls victim to Perenco-Total deal

When Perenco bought several of Total's offshore assets in Gabon in May 2017, the transaction came with a cut to the Gabonese State' share of production. Africa Energy Intelligence examines an affair that has cost the head of hydrocarbons his [...]

Oil

Biya's risky bet to douse Anglophone fire with petrol

To stifle a pro-independence movement in the south, Paul Biya's administration is playing both good cop and bad cop to local businessmen active in oil. [...]

Block 4: EHRC braces itself against Kosmos

ERHC has picked out its defence squad to put its best foot forward during the arbitral process launched by former partner Kosmos Energy. [...]

Colossal Zaba Zaba field (OPL245) blocked by Italian court

Shell and ENI's grilling by an Italian court for "corruption" is obstructing the development of OPL 245's massive gas resources. [...]

Fortuna: who is Ophir's mystery Chinese partner?

AEI revealed the name of the Chinese financial institution that has been negotiating with Ophir to develop the LNG project. [...]

Nigerian Pelfaco hears Rovuma's siren song

After expanding into West Africa, Nigerian junior Pelfaco has turned its eyes to the shores of the Indian Ocean. In [...]

Tanzanian Mount Meru Petroleum banking on Beira

Tanzanian Mount Meru Group (MMG), named after the country's northern volcano, a specialist in importing and distributing oil products, is [...]

Hyperdynamics out of the picture, CLNG holds steady in offshore

According to our information, a few days ago representatives of Hong Kong based China LNG Corp (CLNG) reportedly met with [...]

AFRICA

Glencore gradually gives up on exploration dreams Free

The trading giant has been selling off its E&P assets one after the other to focus on downstream. [...]

Court of Appeal upholds sanctions against Glencore Energy

In a recent decision, judge of appeal Justice Garuba Haruna [...]

Is Turkana beginning to bog down Tullow Oil?

Tullow Oil is facing increasing headache from the Turkana region [...]

Partnerless Sigmund Oilfields gains ground on OPL 2012 regardless

Nigerian junior Sigmund Oilfields, which started looking for a technical [...]

Luftur Rahman Khan starts over at Stamper with same line-up

In mid-January, Vancouver-based junior Stamper Oil and Gas, which recently [...]

Gas

Hush-hush talks between Trident Energy and ENI

According to our information, Trident Energy, the junior founded in 2016 by six Perenco managers and backed by private equity [...]

Secret Aziz-Sall pact over Tortue

According to our information, meeting on the outside of the ECOWAS summit held in Abuja in mid-December, Mauritanian president Mohamed [...]

Pura Vida in deep introspection to dodge crisis

To start 2018 out on the right foot after a lengthy difficult spell (AEI 777), Australian junior Pura Vida Energy [...]

Kosmos Energy names new strongman

Following the departure of Kosmos Energy's Mauritanian country director Mohamed [...]

Eskil Jersing finds new heights with Wentworth

Wentworth Resources' new CEO (AEI 806), Eskil Jersing, appointed on [...]

Electricity

Power projects stagnate as Eneo battles with Yaounde

Faced with the State's incapacity to reimburse its debt, the power production and distribution utility has ramped up its line of attack. [...]

Karpowership opening doors for Ankara

After expanding its operations into Zambia and Ghana, Karpowership, owned by Turkish holding Karadeniz Energy, has managed to secure a [...]

SNEL feels World Bank's wrath

In an internal document Africa Energy Intelligence was able to consult, the World Bank painted a calamitous picture of the [...]

Elecnor-Eiffage's power joker Ernest Hughes

Liberia has received its first delivery of equipment for the [...]

Violent outbreaks hold up Ruzizi projects

The Ruzizi River hydropower projects are currently on stand-by due [...]

Corridors of power

As its oil output freefalls, how did snh generate stable revenue in 2017?

The Societe nationale des hydrocarbures (SNH), still headed by the [...]

Mixed reactions to national hydrocarbon agency project

The idea of creating a national hydrocarbons and biofuels agency [...]

Spectrum ready to open new promising basin in the east

According to our sources, Norwegian geophysical firm Spectrum will being [...]

Business circles

Sonhaby claims deal with Octogone too costly

Societe nationale burkinabe d'hydrocarbures has been struggling to make a profit off its storage capacity and wants to review its contract. [...]

Kola Aluko posturing to avoid foreclosure in Washington

With the US government breathing down its neck to seize certain assets, Atlantic Energy's CEO is pulling out all the stops to avoid foreclosure. [...]

Puma wins round against BPS shareholder Vlavo Koundo

Puma Energy, of which Trafigura owns 48.4%, was recently granted [...]

Panoro reaches settlement with partners over OML 13

The amicable settlement made in January between Yinka Folawiyo Petroleum [...]

K&L Gates snaps up Ince & Co energy disputes trio

In early January, three Ince & Co partners specialised in [...]

Hogan Lovells touts its expertise in African energy

As a sign of the growing position Africa's energy sector [...]

Power brokers

T. Tanoh tries to sidestep Toungara's oil networks

Ivorian minister of oil, energy and the development of renewable energy, Thierry Tanoh, has a somewhat solitary task ahead of [...]

John Munyes: Kenyatta's buddy handles Turkana's oil

With the re-election of Josephat Nanok, one of Kenyan president Uhuru Kenyatta's most fervent critics, as governor of the oil-rich [...]

Bernardin Assoumou takes over from Massassa in DGH

By firing Paul Massassa from his post as managing director of Direction generale des hydrocarbures (DGH), the council of ministers [...]

Lourenco places Marcolino Moco in Sonangol as final blow against Dos Santos clan

By appointing Marcolino Jose Carlos Moco and Fortunato Ferreira do Nascimento, two long-standing MPLA members, as non-executive directors of Sonangol, [...]

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