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GABON

Thomas Assogba, Addax’s hired hand

Relations between the Chinese firm Addax Petroleum (part of the Sinopec group) and Gabon’s government have been highly complicated in [...] (331 words)

Issue dated 17/03/2015 Reading time 2 minutes

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Energy

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GABON
Addax Petroleum
Alex Stewart International
Ali Bongo
Challenge Enterprise
Etienne Ngoubou
Guus Klusener
Maixent Accrombessi
Sinopec
Thomas Assogba
Yi Zhang

How Maixent Accrombessi switched allegiance from Ali Bongo to Patrice Talon

Ali Bongo's former chief of staff, who relocated to Benin two years ago, took his fortune with him and has forged friendly relations with the president and his family there.

Former Ali Bongo chief of staff Maixent Accrombessi.

SOUTH SUDAN Energy 08/05/2018

Alex Stewart tries to fire up Salva Kiir against CNPC

Once hired by the Gabonese government to conduct long and painful audits of oil firms in the country, the US firm now wants to work for Juba.

GABON Energy 05/12/2017

Why Yi Zhang decided to shift Addax out of Geneva

Deloitte's explosive audit of Addax Petroleum, in which it explains its reasons for refusing to validate the Sinopec unit's 2015 financial statements, has shed led on its organisation in Gabon.

AFRICA Energy 27/06/2017

Addax sweeps the cobwebs out of its official networks

From Geneva to Africa, heads have been rolling as the company steels to shield itself against the fallout of the pending Swiss court case over its activities in Nigeria.

CHAD Energy 19/07/2016

Alex Stewart leaves under a cloud, but with its reports

Arriving in the country three years ago to audit the books of CNPC the American firm didn’t turn over all of its reports to the government.

Spotlight

GABON Energy 05/07/2016

Oil industry bogeyman Alex Stewart throws new grenades Free

After operating for five years in Gabon, the U.S. audits firm Alex Stewart International (ASI), has just turned its latest findings concerning Shell and Perenco over to the government. While some firms have already paid penalties based on ASI's audits

GABON Energy 07/06/2016

Explosion on Obangue field: Addax muddies the water

A services company that lost a worker and Gabon’s government have put the fatal explosion on Obangue behind them. Here’s why.

GABON Energy 22/03/2016

Blast on Obangue field could jeopardize Addax’s future

The storage tank containing part of the Obangue field’s crude that blew up on March 12 had been watched for years by Addax’s workers who called in vain for it to be replaced.

AFRICA Energy 29/09/2015

Addax Petroleum's staff waiting for the chop

Employees of the Chinese major have received some uncomfortable news. Nearly a quarter of them at the firm’s Geneva headquarters are to be shown the door.

GABON Energy 15/09/2015

Thierry Normand will grasp the nettle for Addax

According to our sources, Thierry Normand has been hired as the new managing director of Addax Gabon. While most of

GABON Energy 14/07/2015

Addax caught up in new wrangle with government

Relations between the Chinese group and Libreville could worsen once again with a new scandal. And this time Addax’s supporter in presidential circles could allow the matter to run its course.

GABON Energy 16/06/2015

Chinese communist party shows an interest in Addax

The management of Addax Petroleum (bought by Sinopec in 2009)

GABON Energy 14/04/2015

Addax switches headquarters

Addax Petroleum, a troubled affiliate of China’s Sinopec, is expected

GABON Energy 14/04/2015

Troubles pile up for Addax

Gabonese oil minister Etienne Ngoubou is reportedly on the verge of pressing charges against certain executives of Addax Petroleum in

GABON Energy 31/03/2015

Addax ordered to explain role of its middle-man

Executives from the Chinese major are currently in Libreville to tell the president why they have been paying a mysterious lobbyist.

AFRICA Energy 17/03/2015

Christopher Clucas, another former Shell man at Addax

The firm Addax Petroleum, which has been owned by China’s Sinopec since 2009, is hiring new executives to fill the

GABON Energy 03/03/2015

Philippe Menegatti finds it hard settling in at Addax

Addax Gabon’s technical director, the 57-year-old French national Philippe Menegatti, feels uncomfortable in his job. For months he has been

GABON Energy 03/03/2015

The knives are still out among Addax staffers

The Chinese company, dispirited by its poor performances in 2014, is pursuing its probe into dubious recruitments in its Gabonese affiliate.

GABON Business 17/12/2014

ONEP on warpath against bosses

It is bad idea to cross the Organisation Nationale des

GABON Energy 16/12/2014

Simeon Edzo Mezui, whiff of nepotism at Addax

The maintenance and production manager for Addax Petroleum, Simeon Edzo Mezui, has come under fire for hiring members of his

AFRICA Energy 02/12/2014

Sophie Schindler parts ways with Addax

The atmosphere at the Geneva headquarters of Addax Petroleum seems increasingly frigid. According to our sources, the woman in charge

GABON Energy 18/11/2014

Ngoubou fears strike call at Addax

According to our sources, a strike notice was submitted to

Spotlight

CHINA Politics 24/09/2014

Beijing endures backlash in Africa

Kidnappings of its nationals in Cameroon, expulsions from Chad, contracts cancelled in Gabon, conflicts with local communities – China has not been having an easy time of it in Africa. While these events are not likely to see Chinese investment

Spotlight

GABON Energy 25/03/2014

Addax faces crushing government demands

The end to the legal battle between Gabon’s authorities and the Chinese firm Addax Petroleum in 2013 was by no means the end to the saga. Some articles in the new, 10-year accord on the Obangue, Tsiengui and Autour fields

GABON Energy 11/03/2014

Obangue producing again but workers feel aggrieved

According to our sources, production on the Obangue field that

Spotlight

GABON Energy 28/01/2014

Ngoubou gets the better of Addax

Taking over as oil minister in February, 2012, Etienne Ngoubou succeeded in making himself indispensable to president Ali Bongo and his chief-of-staff Maixent Accrombessi. And he has finally won the tug of war he began a year ago with China’s

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GABON
Addax Petroleum
Alex Stewart International
Ali Bongo
Challenge Enterprise
Etienne Ngoubou
Guus Klusener
Maixent Accrombessi
Sinopec
Thomas Assogba
Yi Zhang

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Thomas Assogba, Addax’s hired hand

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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create a free account

Set up email notifications for these topics

How Maixent Accrombessi switched allegiance from Ali Bongo to Patrice Talon

Alex Stewart tries to fire up Salva Kiir against CNPC

Why Yi Zhang decided to shift Addax out of Geneva

Addax sweeps the cobwebs out of its official networks

Alex Stewart leaves under a cloud, but with its reports

Oil industry bogeyman Alex Stewart throws new grenades Free

Explosion on Obangue field: Addax muddies the water

Blast on Obangue field could jeopardize Addax’s future

Addax Petroleum's staff waiting for the chop

Thierry Normand will grasp the nettle for Addax

Addax caught up in new wrangle with government

Chinese communist party shows an interest in Addax

Addax switches headquarters

Troubles pile up for Addax

Addax ordered to explain role of its middle-man

Christopher Clucas, another former Shell man at Addax

Philippe Menegatti finds it hard settling in at Addax

The knives are still out among Addax staffers

ONEP on warpath against bosses

Simeon Edzo Mezui, whiff of nepotism at Addax

Sophie Schindler parts ways with Addax

Ngoubou fears strike call at Addax

Beijing endures backlash in Africa

Addax faces crushing government demands

Obangue producing again but workers feel aggrieved

Ngoubou gets the better of Addax

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