Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

DRC
Dig Oil steps up pressure on Tshisekedi to obtain $600m compensation for blocks 8, 23 and 24

The oil junior has opened up a new front against the Congolese state, which kept it waiting for a decade before greenlighting its production sharing contracts in Cuvette Centrale. [...]

Published on 08/05/2020 at 05:00 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Energy

Set up email notifications for these topics

DRC
Caprikat
Corral Morrocco Holding
Covid-19
Dan Gertler
Dig Oil
Felix Tshisekedi
Foxwhelp
Gibson, Dunn & Crutcher
ICSID
International Chamber of Commerce
Joseph Kabila
Matthew McGil
Mohammed Hussein al-Amoudi
Rahim Moloo
Samir

DRC
Dig Oil takes advantage of Kinshasa's silence in US court

Dig Oil has asked a US court for a ruling in default to confirm the International Chamber of Commerce's (ICC) 2018 order for the DR Congo to pay the firm more than $600m for withdrawing an oil block from it and delaying production contracts on others.

Subscribers only Energy 09.04.2021

Spotlight | DRC
Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

Though some of the Congolese president's advisors are still pushing to counter the South African firm's arbitration award with another lawsuit, others would prefer Tshisekedi to accept a secret deal that comes with financial compensation.

Subscribers only Energy 26.03.2021

Nicolas Kazadi, Tshisekedi's roving ambassador and negotiator of a possible settlement with Dig Oil.

Morocco, United States
Carlyle vs Morocco arbitration bogged down, Washington seeks to intervene

Carlyle wants to make sure that the confidentiality of its "sensitive information" is respected in its arbitration with the Moroccan government over the liquidation of Samir refinery.

Subscribers only Energy 23.12.2020

Spotlight | DRC
Dig Oil comes up against unflappable state negotiators over $619m arbitration

The South African oil firm is beginning to believe the president's office is dragging its heels so it won't have to pay, while the state hopes to reach a compromise with the promise of a new permit.

Subscribers only Energy 17.12.2020

DRC
Dig Oil arbitration: Tshisekedi snubs US court

Congolese president Félix Tshisekedi's clan simply didn't respond to summons sent by a District of Columbia court as part of its dispute with South Africa's Dig Oil.

Subscribers only Energy 30.09.2020

Spotlight | DRC
Tshisekedi inner circle fragmented over handling of $619m Dig Oil arbitration

The sharing of power between the pro-Kabila clan and the various factions that support the new president has turned the handling of the Dig Oil file into a delicate juggling act for the Congolese state.

Subscribers only Energy 16.09.2020

DRC President Felix Tshisekedi keeps a close watch on the Dig Oil arbitration settlement.

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Threatened with a fine equal to 10% of the national budget, the Congolese president has little choice but to negotiate with Dig Oil even as Kinshasa looks for a last ditch attempt to annul the arbitral ruling in favour of the South African oil junior.

Subscribers only Energy 19.08.2020

President Felix Tshisekedi (left) has chosen his advisor Nicolas Kazadi to negotiate with South African junior Dig Oil.

Spotlight | DRC
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

The DRC is coming under increasing pressure to comply with a 2018 arbitration award of hundreds of millions of dollars in favour of South African junior Dig Oil over the delayed attribution of Cuvette Central blocks.

Subscribers only Energy 03.07.2020

Morocco
Samir: who is defending Corral's Amoudi against Rabat?

Saudi businessman Mohamed Hussein al Amoudi's Swedish based Corral Morrocco [...]

Subscribers only Energy 04.02.2020

Spotlight | DRC
How ENI plans to snatch blocks 1 and 2 from right under Total's nose

All it took was just one visit from ENI chairman Claudio Descalzi to President Félix Tshisekedi on September 13 (AEI 849) for the wheels to start turning on the Italian major's return to the DRC.

Subscribers only Energy 19.11.2019

DRC
Emmanuel Adrupiako quietly safeguarding Kabila's oil interests

Joseph Kabila financial advisor from his first days in power in 2001 to his departure after the 2018 elections, Emmanuel [...]

Subscribers only Energy 24.09.2019

Spotlight | DRC
Total and Tullow's approach for blocks 1, 2 and 3 murkier and murkier

Total's ambiguous ambitions for its future in exploration in the country is making the Congolese authorities' heads spin. As for, Tullow Oil, the junior has already taken a swipe at the new government, allegedly with the French major's approval.

Subscribers only Energy 10.09.2019

DRC
Why Total calls it quits as Dig Oil is given breather

To everyone's surprise, the French major has decided to relinquish its only Congolese block.

Subscribers only Energy 28.05.2019

DRC
Dig Oil drags Tshisekedi into his first oil crisis

The South African junior is determined that the ruling of the arbitration it has won against Kinshasa will be upheld at Congo-K's end.

Subscribers only Energy 26.02.2019

DRC
Total/Dan Gertler - Dig Oil/Cuvette: the two files now on Tshisekedi's plate

The new president has been landed with the two oil cases Kabila's cabinet had been working to finalise - without luck - up to the last minute.

Subscribers only Energy 29.01.2019

DRC
Dig Oil scores a try in Cuvette basin two weeks before elections

Its forceful legal pressure looks set to pay off as the South African junior is tipped to take up permits in Joseph Kabila's last days in power.

Subscribers only Energy 11.12.2018

Spotlight | DRC
Kabila's chief of staff, Nehemie Mwilanya, puppet master of oil deals

President Joseph Kabila's chief of staff, Nehemie Mwilanya Wilondja, has been involved with all of the country's main oil files since first joining the president's office for another position 14 years ago. A behind-the-scenes look at the Comico, Caprikat and [.

Subscribers only Energy 08.05.2018

Spotlight | DRC
Total and Kabila play the long game on eastern frontier

The only major present on both sides of the highly prolific Congolese-Ugandan border, Total is negotiating its work programme on block III step by step, while it waits to get its hands on blocks I and II.

Subscribers only Energy 19.12.2017

Spotlight | DRC
Is Dan Gertler facing his last days in oil?

Mining Israeli tycoon Dan Gertler’s Fleurette group, which expanded into Congolese onshore in 2010 via two British Virgin Islands companies, Caprikat and Foxwhelp, to take up the most strategic blocks in Congo-K - blocks 1 and 2 -, could soon [.

Subscribers only Energy 28.03.2017

Set up email notifications for these topics

DRC
Caprikat
Corral Morrocco Holding
Covid-19
Dan Gertler
Dig Oil
Felix Tshisekedi
Foxwhelp
Gibson, Dunn & Crutcher
ICSID
International Chamber of Commerce
Joseph Kabila
Matthew McGil
Mohammed Hussein al-Amoudi
Rahim Moloo
Samir

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

DRC
Dig Oil steps up pressure on Tshisekedi to obtain $600m compensation for blocks 8, 23 and 24

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

DRC
Dig Oil takes advantage of Kinshasa's silence in US court

Spotlight | DRC
Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

Morocco, United States
Carlyle vs Morocco arbitration bogged down, Washington seeks to intervene

Spotlight | DRC
Dig Oil comes up against unflappable state negotiators over $619m arbitration

DRC
Dig Oil arbitration: Tshisekedi snubs US court

Spotlight | DRC
Tshisekedi inner circle fragmented over handling of $619m Dig Oil arbitration

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Spotlight | DRC
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Morocco
Samir: who is defending Corral's Amoudi against Rabat?

Spotlight | DRC
How ENI plans to snatch blocks 1 and 2 from right under Total's nose

DRC
Emmanuel Adrupiako quietly safeguarding Kabila's oil interests

Spotlight | DRC
Total and Tullow's approach for blocks 1, 2 and 3 murkier and murkier

DRC
Why Total calls it quits as Dig Oil is given breather

DRC
Dig Oil drags Tshisekedi into his first oil crisis

DRC
Total/Dan Gertler - Dig Oil/Cuvette: the two files now on Tshisekedi's plate

DRC
Dig Oil scores a try in Cuvette basin two weeks before elections

Spotlight | DRC
Kabila's chief of staff, Nehemie Mwilanya, puppet master of oil deals

Spotlight | DRC
Total and Kabila play the long game on eastern frontier

Spotlight | DRC
Is Dan Gertler facing his last days in oil?

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic Between business and politics, the secrets of Antoine Ndzengue's rise

Cabo Delgado: a gas Eldorado and security nightmare

West African cocoa cartel battles with the traders

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

DRC Dig Oil steps up pressure on Tshisekedi to obtain $600m compensation for blocks 8, 23 and 24

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

DRC Dig Oil takes advantage of Kinshasa's silence in US court

Spotlight | DRC Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

Morocco, United States Carlyle vs Morocco arbitration bogged down, Washington seeks to intervene

Spotlight | DRC Dig Oil comes up against unflappable state negotiators over $619m arbitration

DRC Dig Oil arbitration: Tshisekedi snubs US court

Spotlight | DRC Tshisekedi inner circle fragmented over handling of $619m Dig Oil arbitration

DRC $617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Spotlight | DRC Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Morocco Samir: who is defending Corral's Amoudi against Rabat?

Spotlight | DRC How ENI plans to snatch blocks 1 and 2 from right under Total's nose

DRC Emmanuel Adrupiako quietly safeguarding Kabila's oil interests

Spotlight | DRC Total and Tullow's approach for blocks 1, 2 and 3 murkier and murkier

DRC Why Total calls it quits as Dig Oil is given breather

DRC Dig Oil drags Tshisekedi into his first oil crisis

DRC Total/Dan Gertler - Dig Oil/Cuvette: the two files now on Tshisekedi's plate

DRC Dig Oil scores a try in Cuvette basin two weeks before elections

Spotlight | DRC Kabila's chief of staff, Nehemie Mwilanya, puppet master of oil deals

Spotlight | DRC Total and Kabila play the long game on eastern frontier

Spotlight | DRC Is Dan Gertler facing his last days in oil?

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

DRC
Dig Oil steps up pressure on Tshisekedi to obtain $600m compensation for blocks 8, 23 and 24

DRC
Dig Oil takes advantage of Kinshasa's silence in US court

Spotlight | DRC
Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

Morocco, United States
Carlyle vs Morocco arbitration bogged down, Washington seeks to intervene

Spotlight | DRC
Dig Oil comes up against unflappable state negotiators over $619m arbitration

DRC
Dig Oil arbitration: Tshisekedi snubs US court

Spotlight | DRC
Tshisekedi inner circle fragmented over handling of $619m Dig Oil arbitration

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Spotlight | DRC
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Morocco
Samir: who is defending Corral's Amoudi against Rabat?

Spotlight | DRC
How ENI plans to snatch blocks 1 and 2 from right under Total's nose

DRC
Emmanuel Adrupiako quietly safeguarding Kabila's oil interests

Spotlight | DRC
Total and Tullow's approach for blocks 1, 2 and 3 murkier and murkier

DRC
Why Total calls it quits as Dig Oil is given breather

DRC
Dig Oil drags Tshisekedi into his first oil crisis

DRC
Total/Dan Gertler - Dig Oil/Cuvette: the two files now on Tshisekedi's plate

DRC
Dig Oil scores a try in Cuvette basin two weeks before elections

Spotlight | DRC
Kabila's chief of staff, Nehemie Mwilanya, puppet master of oil deals

Spotlight | DRC
Total and Kabila play the long game on eastern frontier

Spotlight | DRC
Is Dan Gertler facing his last days in oil?