Anadarko stares Shell down on marine concession
The Anglo-Dutch major's efforts to convince the Mozambican government to force Anadarko into sharing the Palma marine concession have fallen on deaf ears. [...]
Gas was not explored to its full potential in Africa until recently. Now, especially in its liquefied form, it has enabled several African countries stake a claim for themselves on the global energy market. Gas production requires hefty infrastructure, forcing states to undertake extensive work, part of which is sub-contracted to local industry. This gives politically-connected companies an opportunity to cut themselves a sizeable chunk of these mega-contracts.