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Spotlight CONGO-B 13/06/2017

Iskandar Safa’s oil package

Burdened by debt that has its oil production tied up for the next five years (AEI 778), Congo-B has found an unexpected saviour in Iskandar Safa. The Lebanese industrialist and owner of Constructions mecaniques de Normandie (CMN), has offered to [...]

Oil

Petralon's all-star ex-Afren and Shell recruits get to work in Niger Delta

According to our sources, Nigerian junior Petralon Energy is hoping to sell the first barrels from the Nigerian Dawes Island [...]

Ministers come and go but Muganza's netwoks stay put

Behind the changing line-up of hydrocarbon ministers, the country’s oil sector is still under the thumb of the same powerful networks. [...]

Mboumba: GOC preens feathers to seduce in Moscow

Ready to do what it takes to diversify his partners, president Ali Bongo’s administration is forging oil ties with the powers-at-be in Moscow. [...]

Who is African Petroleum’s mystery partner?

Evicted by Total on its Rufisque Offshore profond permit, African Petroleum has found a partner for Senegal Offshore Sud profond but is being tight lipped over its name. [...]

Who are the new kids on the offshore block?

Out of the seven new offshore permits granted by the Equatorial Guinean government to foreign firms in early June (see [...]

Is crude export putting a damper on Kenyatta’s reelection?

The Kenyan government’s plans to start exporting crude from its permits operated by Tullow Oil in the Lokichar basin in [...]

Emirati oil distributor Alsaa drops anchor in Maputo

Emirati trading firm and oil product distributor Alsaa Petroleum and Shipping FZC registered a new affiliated in the Mozambican capital [...]

Sahara Group readies its troops to take over local market

Nigerian firm Sahara Group has decided to step up its game and expand its entire portfolio in Guinea, encompassing oil [...]

Sonangol’s recovery strategy put on hold by presidential elections

Vital oil sector reforms, a lifeline for the regime, will need approval from the incoming president to have any effect. [...]

New CNPC boss in Niamey will have to hit the ground running

According to our sources, a new boss has been at [...]

Minister Thierry Tanoh to put on the charm in Paris

Ivorian minister of energy and oil, Thierry Tanoh, will travel [...]

Relations easing between Clontarf Energy and Accra

Irish junior Clontarf Energy is at last on the verge [...]

PetroSA deserted by its own

South Africa’s state-run oil firm PetroSA has been paralysed by [...]

Ontario Oil & Gas plays trump card at supreme court

The appeal hearing opposing Lagos-based junior Ontario Oil & Gas [...]

BP responds to demands for local content

So that it will have a pool of qualified local [...]

Gas

Rhino Resources won’t admit defeat in schist gas

Rhino Resources is banking on South African schist gas and is going all out to explore the subsoil of the [...]

Filipe Nyusi showcases launch of Coral sud FLNG Free

As Africa Energy Intelligence was able to reveal, ENI held a ceremony in early June attended by all the oil bigwigs for the signing of its flagship project after knocking aside the last remaining hurdles. [...]

Electricity

Ex-minister Kachamila pulls strings in Frelimo for his Nacala plant

John Kachamila has found new investors to help carry his coal plant in the north of the country. [...]

All-clear for Nyong power plant workers

Two years after signing a MoU with Cameroonian water and energy minister, local law firm Nyong Power Plants Corp (NPPC) [...]

Will STS’s Belgians be driven out of Kivu?

A group of Kivu citizens, led by Gilbert Kambale, a leading figure of Beni’s civil society, have been demonstrating against [...]

Power minister pulls out all the stops in Copenhagen

Ethiopia’s minister of water, irrigation and electricity, Seleshi Bekele, drummed [...]

Kigali brings an Israeli on board to head Rwanda Energy Group

Ron Weiss, the brand new boss of national power utility [...]

Corridors of power

Total and Lukoil GIVEN preferential treatment for Ronda 2016

As we announced (AEI 794), Equatorial Guinea’s minister of oil, [...]

OneLNG, a SECURE ally for Gabriel Obiang’s gas ambitions

Jeff Goodrich, the CEO of OneLNG (JV between Schlumberger and [...]

Gabon Oil Co’s daylight robbery of the state jewels

In late May, Gabon’s minister of economy Regis Immongault took [...]

Business circles

AFRICA

Strategia Worldwide's men stride into oil & gas

Strategia Worldwide, a consultancy founded by two former British Army officers, has set up a new division entirely focused on oil and gas projects. [...]

Cobalt tries to mitigate damage through insurers

With its shareholders demanding compensation for share price losses they blame on investigations into corruption in Luanda, Cobalt International is trying to get its insurers to help ease its finances. [...]

AfDB helps government with gas deals

In late May, the African Development Bank (AfDB) validated the [...]

Elephant Oil looking for funds to drill on block B

British junior Elephant Oil is on the hunt for funds [...]

AFRICA

Oman finances Hass’ expansion into continent

Oman Trading International, which is controlled by the sultanate, has [...]

Clyde & Co’s new oil arbitrators David Hesse and Peter Stewart

In early May, American lawyers David Hesse and Peter Stewart, [...]

African Development Bank extols South Korea’s expertise in oil

While the Mozambican and Tanzanian governments have their sleeves rolled [...]

Power brokers

Technocrat minister Guitouni will let president’s office handle oil

Mustapha Guitouni can thank his good relations with the new head of government Abdelmadjid Tebboune for his appointment as energy [...]

AFRICA

Guus Klusener on tenterhooks at Addax Petroleum?

According to our sources, Addax Petroleum’s powerful legal director Guus Klusener may have his days at the company numbered. After [...]

Safiatou Ba N’Daw speaks up for Quest Energy

The former Ivorian energy minister Safiatou Francoise Ba-N’Daw has been hired by British firm Quest Energy to take over blocks [...]

Charles Mwijage, once again called in to rescue power and GNL sector

Minister of trade and industry since 2016, Charles Mwijage has now also been asked to temporarily oversee a portfolio he [...]

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