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RAK Petroleum made the right choice in December when it decided after the withdrawal of Energie de Cote d’Ivoire to [...]
Rivalry between two leading executives of PetroCI has held up projects at the national oil company. And both protagonists have friends in different political clans. [...]
In mid-September, Petroci finalized its acquisition of the 49.7% stake [...]
Eighteen months after Alassane Outtara took office the oil sector remains under the control of just a handful of companies. Russian and Nigerian investments are paying off in Abidjan while Chinese groups are trying to get a foot into the [...]
In the running to acquire some of Chevron’s Nigerian assets (see here), First Hydrocarbon Nigeria (FHN) is still considered a [...]
Ivory Coast’s national oil company is doing the round of banks to find the cash needed to pay its share in drilling offshore wells. But money is also needed to finance a re-gasification plant. [...]
State-owned PetroCI and MRS have found common ground concerning the Corlay joint venture they set up when Chevron’s service stations were acquired in 2008. [...]
Afren has been in talks for over a year to sell its stakes on the CI-11 block and the Lion plant to Ivory Coast’s CIPEM. But the national oil company has burst onto the scene. [...]
Ivory Coast’s CIPEM group has acquired the Lion butane plant from Afren along with the CI-11 block that supplied it. [...]
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