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Nigeria

PanOcean: Lining up arguments

The object of an arbitration procedure that the former owners of PanOcean have launched - they claim they were dispossessed - the Nigerian government is marshalling its rebuttal.

Subscribers only Energy 01.10.2013

Quarrel over Egina’s FPSO

After a tough competition to win the FPSO contract for the Egina field operated by Total, Samsung will have trouble delivering the vessel.

Subscribers only Energy 01.10.2013

Oando re-jigs Brass acquisition

To help finance its acquisition of ConocoPhillips in Nigeria, Oando has arranged for its parent company to carry its shares in Brass LNG.

Subscribers only Energy 01.10.2013

Local work for Bonga

. As with the case of Total’s Egina field (see [...]

Subscribers only Energy 01.10.2013

Agbaja’s iron: Kogi in higher gear

The timeline has accelerated for the tiny Australian explorer Kogi Iron which has been working under a new boss, Iggy [...]

Subscribers only Mining 24.09.2013

Addax’s Nigerian cronies

With its business in Gabon at a dead end, the Chinese company is seeking to raise its profile in the Niger Delta by tightening its ties with well-connected local interests.

Subscribers only Energy 17.09.2013

NPDC stakes claim in Chevron sale

The national oil company is to exercise its option to become operator on three of the five licenses that Chevron is trying to sell.

Subscribers only Energy 17.09.2013

New twist in Pan Ocean saga

Having failed to regain control of their firm PanOcean, which has been administered for 10 years by its Nigerian partners, Italy’s Fabri family is trying to drag Abuja into the case via arbitration.

Subscribers only Energy 17.09.2013

Seven sells gas to itself

The Amaya equity fund, which already owns a stake in Seven Energy, has invested in the firm Azura Power which is building a gas-fired power plant in Benin City. The supplier of the gas will be Seven Energy.

Subscribers only Energy 17.09.2013

Power privatization 2.0

Only days before a meeting in Abuja on Sept. 18-19 to be attended by all of the consortiums pre-qualified to [...]

Subscribers only Energy 17.09.2013

Azura to raise $654 million

To finance its project for a gas-fired power station in [...]

Subscribers only Energy 17.09.2013

Python & Peter

Jacques Jones, the executive in charge of arbitratation at the [...]

Subscribers only Energy 17.09.2013

McBee Strategic Consulting

With Nigeria's share in American oil imports continuing to fall [...]

Subscribers only Energy 17.09.2013

Zainab Kuchi

Zainab Kuchi, Nigeria's deputy energy minister in charge of electricity, [...]

Subscribers only Energy 17.09.2013

Sinopec’s woes on Usan

China’s Sinopec has been running regularly into trouble since it bought Total’s shares on OML 138 which encompasses the Usan field.

Subscribers only Energy 03.09.2013

Chevron impedes Shell & Total

By selling its holdings in a series of marginal fields in the Niger Delta, Chevron is blocking the development of two gas projects of Shell and Total.

Subscribers only Energy 03.09.2013

MPI reduces stake in Seplat

As Africa Energy Intelligence had anticipated (AEI 702), MPI, the [...]

Subscribers only Energy 03.09.2013

Settlement in OPL 245 cases

In the wake of Ednan Agaev in June (AEI 701), [...]

Subscribers only Energy 03.09.2013

Total quits, leaving Dangote alone

The disappointing results of wells drilled last year have prompted the French major to throw in the towel on its block in the joint development zone.

Subscribers only Energy 03.09.2013

Brass LNG puts brave face on it

Stakeholders in the Brass liquefaction project in Bayelsa state have trouble admitting it but the fate of their project appears deeply compromised.

Subscribers only Energy 30.07.2013

Nasir el Rufai

There’s little doubt about what book wins the prize as summer reading among oil circles in Lagos and Abuja "The [...]

Subscribers only Energy 30.07.2013

Stuart Connal

Former operations manager for the British gas firm Centrica in Nigeria between 2006-2010, Stuart Connal has been named to the [...]

Subscribers only Energy 30.07.2013

WAGP starts supplying power plants

The resumption of supplies by the West African Gas Pipeline [...]

Subscribers only Energy 30.07.2013

Probe into OPL 245 deal

Two years after it took place, the acquisition of OPL [...]

Subscribers only Energy 30.07.2013

Bartlett back in business

Insiders had little trouble in spying the hand of the [...]

Subscribers only Energy 30.07.2013

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