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Sao Tome and Principe

Bonus Caught in Logjam

Several legal obstacles and the late arrival of Afren temporarily held up Chevron's payment of a bonus on block 1.

Subscribers only Energy 15.03.2005

ExxonMobil Bides its Time

The Joint Development Authority is waiting for ExxonMobil to exercise [...]

Subscribers only Energy 01.03.2005

Political Crisis

The political situation in Sao Tome is on the boil even as negotiations continue between the government and Nigeria on [...]

Subscribers only Energy 01.02.2005

Chevron Finalizes PSC

Delayed time and time again, a production sharing contract between [...]

Subscribers only Energy 01.02.2005

Portuguese Pressure

Highly controversial in Portugal, a visit by government spokesperson Numo Morais Sarmento to Sao Tome between Jan. 7-10 appeared clearly [...]

Subscribers only Energy 18.01.2005

Standoff on Bonuses

The Joint Development Authority that manages the Joint Development Zone between Nigeria and Sao Tome was due last weekend to [...]

Subscribers only Energy 18.01.2005

Juniors Try Their Luck

Three juniors have submitted offers alongside American independents and Nigerian firms for acreage in the Joint Development Zone between Sao Tome and Nigeria.

Subscribers only Energy 04.01.2005

EMAE Management Sell-Off

A Portuguese firm, Synergy Investment, has taken over management of the Sao Tome utility Empresa da Agua e Electricidade (EMAE). [...]

Subscribers only Energy 04.01.2005

Offshore Rivalry

A licensing round in Nigeria's deep offshore which had initially been scheduled for this month won't be held until March [...]

Subscribers only Energy 04.01.2005

Wilbros Gets Nod for WAGP

Wilbros has beaten out Entreprose Contracting, Hyundai Heavy Industries and [...]

Subscribers only Energy 04.01.2005

Advising on WAGP

With funding from the United States Agency for International Development, [...]

Subscribers only Energy 04.01.2005

Triple Role for Equator

The Equator firm, which has just been listed on London's Alternative Investment Market, serves as Sao Tome's adviser, the only seismic operator in the country and the lone holder of rights in Sao Tome's offshore.

Subscribers only Energy 14.12.2004

Spotlight
Fast Bidding Round

No sooner had the licensing round in the Joint Development Zone between Sao Tome and Nigeria been called off than it was launched again, and is to close on Dec. 15. At the same date, ChevronTexaco will have finalized its [.

Subscribers only Energy 30.11.2004

Neale Taylor

A veteran of Australia's oil industry, Neale Taylor, who worked for Esso Australia, Terra Gas Trader and Nexus Energy, has [...]

Subscribers only Energy 30.11.2004

Who'll win the WAGP Contract?

The World Bank's endorsement of a $125 million financial guarantee [...]

Subscribers only Energy 30.11.2004

More Drilling Gear in 2005?

The chronic shortage of drilling equipment in West African could soon be resolved. Africa Mining Intelligence understands that the two [...]

Subscribers only Mining 23.11.2004

Licensing Round Cancelled

Over a year after launching a tender on nine blocks, only Chevron has actually been awarded acreage. All the other blocks will be put up for sale again.

Subscribers only Energy 02.11.2004

New Licensing Round?

According to our sources, the Joint Development Authority that awards [...]

Subscribers only Energy 19.10.2004

Uncertainty Haunts JDZ Deals

Manoeuvres by oil companies and a standoff between president Menezes and his ex-prime minister are continuing to hold up the award of acreage in the Joint Development Zone.

Subscribers only Energy 04.10.2004

Joining the Franc Zone?

According to the latest issue of La Lettre du Continent, sister publication of Africa Energy Intelligence, Sao Tome is negotiating [...]

Subscribers only Energy 04.10.2004

Damiao Vaz d'Almeda

President Fradrique de Menezes fired prime minister Maria das Neves last week and asked ex labor minister Damiao Vaz d'Almeida [...]

Subscribers only Energy 21.09.2004

New Delays for WAGP

The signing of a final investment decision on the West [...]

Subscribers only Energy 24.08.2004

Advisers Stay in the Shadows

Western advisers paid by the World Bank are seeing to the implementation of oil administration and an effective administrative system in Sao Tome.

Subscribers only Energy 20.07.2004

Ali Memon

A former executive of Marathon, Ali Memon has replaced Nigeria's Chude Mba as head of Chrome Energy, an oil company [...]

Subscribers only Energy 20.07.2004

Joao Gomes

Head of the holiday company Grupo HB which controls a dozen hotels in Sao Tome, Joao Gomes is also the [...]

Subscribers only Energy 06.07.2004

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