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Spotlight

ALGERIA

BAD TIMING

News that Mohammed Boudiaf, president of Algeria's High State Committee, had been assassinated reached London in the early afternoon of June 29 when senior Sonatrach officials were presenting details of Algeria's first licencing round at the Intercontinental hotel. Although 30 [...] (970 words)

Issue dated 09/07/1992 Reading time 4 minutes

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Energy

Yanks Give Oil-Sharing Lessons

On the sidelines of the political negotiations in Kenya, an American institute organized a seminar on sharing oil revenue for the benefit of the two opposing Sudanese delegations. [...]

NIGERIA Energy 21/12/1999

MOBIL TAKES BACK TWO JACK-UPS AND WILL REACH FIVE NEXT YEAR

Mobil has fixed the jack-up Noble Percy Johns for one [...]

EQUATORIAL GUINEA Energy 21/12/1999

DOZEN FPSO OFFERS TO TRITON

Triton Energy, which is taking a "super fast track" to [...]

AFRICA 08/12/1999

JOHN COUSINS NAMED EXECUTIVE VICE PRESIDENT OF EXXON/MOBIL EXPLORATION

John Cousins who dealt with Africa for Mobil New Ventures [...]

NIGERIA Energy 24/11/1999

MOBIL SIGNS UP FOR ADRIATIC VIII AGAIN

Mobil has signed a new contract with Global Marine for [...]

ANGOLA Energy 10/11/1999

OCEAN ALLIANCE TO DRILL FOR CHEVRON

The deepwater semi Ocean Alliance has secured a series of [...]

Spotlight

IVORY COAST Energy 27/10/1999

NEWCOMER EDGES INTO OIL PICTURE

Bids for the privatization of Societe Ivoirienne de Raffinage (SIR) are now set to close on Nov. 7. This follows changes in TotalFina's approach to the sell-off that prompted it to re-shape its bid by bringing Shell aboard in addition [. [...]

NEW ZEALAND 13/10/1999

OPEN CONFLICT WITH ERHC

The Sao Tome government has started legal action for "slander" [...]

EQUATORIAL GUINEA Energy 01/09/1999

MOBIL RELEASES ALEUTIAN KEY

Mobil has released the semi-submersible Aleutian Key after a contract [...]

AFRICA 28/07/1999

PRICE UPTURN FUELS HOPES

The oil price has recovered strongly and hopes are rising [...]

Spotlight

AFRICA FRANCE 14/07/1999

TOTALFIN/ELF FALLOUT FOR AFRICA

A full week after Total Fina, which exists as such only since April 16, launched a 43 billion Euro takeover bid for Elf there is no solid indication of when Elf's board will meet to approve the "major project" that [. [...]

AFRICA 30/06/1999

EXATRADE-JOVENNA ON THE MOVE

Exatrade is interested in extending its activities to the mining sector, concedes the South African trading company. But in fact [...]

EQUATORIAL GUINEA Energy 16/06/1999

MOBIL PLANS THREE EXPLORATION WELLS

Mobil has a requirement for a semi to drill up [...]

NIGERIA Energy 14/04/1999

MOBIL RELEASES ANOTHER JACK-UP

Mobil Nigeria is releasing the jack-up Trident VI next week [...]

NIGERIA Energy 03/03/1999

MOBIL TO RELEASE TOMMY CRAIGHEAD IN MAY

Mobil Nigeria has given Noble Drilling notice that it is [...]

GABON Energy 03/02/1999

MOBIL TURNS ALEUTHIAN KEY OVER TO ARCO FOR A WELL

Arco has agreed terms with Mobil to take a sublet [...]

EAST AFRICA 30/01/1999

FUND DONORS CARE FOR EADB

After a small weakness in 1989 (grave deterioration of financial results), East African Development Bank (EADB) created in 1967 by [...]

AFRICA UNITED STATES 06/01/1999

DRAFTING AN OIL POLICY?

A closed-door meeting in Washington just before New Years gave rise to what could appear as an American effort to [...]

ALGERIA Energy 16/12/1998

MOBIL QUITS ITS LAST PERMIT

Mobil has decided to wrap up exploration in Algeria until [...]

NIGERIA Energy 16/12/1998

AMNI DISCUSSES GAS PROJECT WITH MOBIL

The local firm Amni Petroleum, which is continuing to produce [...]

EQUATORIAL GUINEA Energy 02/12/1998

FLEXIBLE BIDDING TERMS

A new invitation by the government to tender for exploration acreage and covering all available blocks in the deep offshore [...]

AFRICA 02/12/1998

SEMI-SUB SHIFT CANCELLED

Amoco has dropped plans to mobilize the DP drillship Discovery 543 from the U.S. Gulf of Mexico to drill a [...]

NIGERIA Energy 02/12/1998

MOBIL CUTS SHORT CONTRACT

Mobil Nigeria has issued notice of early termination of its [...]

Spotlight

02/12/1998

SIZING UP MEGA MERGER IMPACT ON AFRICA

Africa certainly hasn't been a decisive factor in the flurry of mega-mergers in the oil industry which are being spurred instead by the need to cut costs in the face of plunging oil prices – in real terms these are [. [...]

EQUATORIAL GUINEA Energy 18/11/1998

FINDS BY OCEAN AND MOBIL

Ocean Energy (formerly UMC) has struck oil on block D in Equatorial Guinea's offshore in which it acquired a 100% [...]

NIGERIA Energy 18/11/1998

FOUR JACK-UPS FOR MOBIL IN 1999

Mobil has committed to new contracts with three jack-up rigs [...]

EQUATORIAL GUINEA Energy 21/10/1998

MOBIL SEEKS SEMI

Mobil has checked the market for semi availability for a [...]

NEW ZEALAND 23/09/1998

MOBIL-STPETRO ACCORD

Mobil has signed a technical assistance agreement that commits Mobil [...]

NIGERIA Energy 26/08/1998

OSO II IN SERVICE

The second phase of the Oso development project centered on the production of NGL has been commissioned. Output began at [...]

SAO TOME AND PRINCIPE Energy 26/08/1998

MOBIL GET A HEAD START

Mobil has won a serious option on all 22 blocks in the deep offshore that Sao Tome & Principe is [...]

NIGERIA Energy 22/07/1998

MOBIL SUBLETS SEMI-SUB FOR DEEP OFFSHORE

After changing its mind about offering slots for rigs at [...]

NIGERIA Energy 24/06/1998

MOBIL RELEASES JACK-UP BUT LIFTS FOOT ON BRAKE

AEM understands that Mobil Nigeria has given six months notice [...]

NIGERIA Energy 27/05/1998

MOBIL/NNPC DRILLING HALT?

Mobil is meeting some success in farming out its jack-up fleet to other operators in West Africa to enable it [...]

WEST AFRICA Energy 13/05/1998

JACK-UP MARKET INCREASINGLY SOFT

After Mobil's decision to cut back its drilling operations in offshore Nigeria by the end of 1998 at depths of [...]

EQUATORIAL GUINEA Energy 13/05/1998

PERCY JOHNS COULD DRILL FOR MOBIL

Mobil Nigeria is continuing to seek sublet opportunities for the [...]

NIGERIA Energy 29/04/1998

MOBIL TO CUT BACK JACK-UP OPERATIONS

Mobil is planning to back on its jack-up operations in offshore Nigeria for the rest of 1998, AEM understands. The [...]

EQUATORIAL GUINEA Energy 25/03/1998

AGREEMENT WITH MOBIL MODIFIED

Negotiations that began in early February between the government and [...]

NIGERIA Energy 11/03/1998

TOTAL SIGNS UP FOR KADUNA

After lengthy negotiations Total and the National Nigerian Petroleum Corp (NNPC) have just confirmed an agreement following a memorandum of [...]

EQUATORIAL GUINEA Energy 11/03/1998

ATWOOD EAGLE LEAVES

The semi-submersible Atwood Eagle left Equatoral Guinea on March 4 [...]

EQUATORIAL GUINEA Energy 11/02/1998

GOVERNMENT WANTS TO MODIFY MOBIL CONTRACT

The Equatorial Guinea government has asked that a contract with [...]

Spotlight

NIGERIA Energy 31/12/1997

OIL WATERS UNRUFFLED

The supposed putsch in Nigeria on Dec. 21 stirred some media interest but only briefly. From the oil standpoint, however, the re-appearance of oil minister Don Etiebet in the government formed on Dec. 16 when he had been scheduled to [. [...]

EQUATORIAL GUINEA Energy 26/11/1997

MOBIL IS TO CONTINUE DRILLING WITH ALEUTIAN KEY

Mobil has signed a contract extending its contract for Aleutian [...]

SOUTH AFRICA Energy 29/10/1997

MOBIL RETURNS

Mobil is coming back to South Africa in the lubricants [...]

NIGERIA Energy 15/10/1997

MOBIL FIXES NEW JACK-UPS

No sooner had Mobil Nigeria released the C.E. Thornton than it was back in the market looking for a replacement [...]

EQUATORIAL GUINEA Energy 15/10/1997

ZAFIRO TO JUMP TO 120,000 BPD

Production on Zafiro (Mobil operator, UMC) which began in August, 1996 is expected to reach 80,000 bpd at the end [...]

NIGERIA Energy 01/10/1997

NNPC CONCERNED

There are early signs that NNPC is becoming concerned about the drift of drilling units out of Nigeria and the [...]

ANGOLA Energy 01/10/1997

AMOCO TO DRILL WITH ROBERT F. BAUER

Amoco has fixed the drillship Robert F. Bauer from the [...]

IVORY COAST Energy 17/09/1997

JUST CREATED EXPRONET COMES IN

Expronet, a company set up in June by two former bosses of United Meridian and registered in the Cayman Islands, [...]

EQUATORIAL GUINEA Energy 02/07/1997

ZAFIRO FLAT OUT BY YEAR'S END

The Zafiro field system that was put into production on Aug. 25 of last year will reach its full capacity [...]

NIGERIA Energy 02/07/1997

A $4.7 BILLION SHOPPING LIST

Regardless of whether NNPC falls behind with cash calls or not Nigeria's offshore equipment market remains huge. That was amply [...]

NIGERIA Energy 18/06/1997

STORM CLOUDS GATHERING

Nigeria's oil ministry announced the immediate termination of Ashland's production sharing contracts on June 13. The reason was the sale [...]

NIGERIA Energy 18/06/1997

MOBIL TO DRILL AGAIN IN DEEP OFFSHORE

Mobil plans to drill in Nigeria's deep offshore again in [...]

LIBYA NIGERIA SUDAN Energy 21/05/1997

SANCTIONS SLAMMED AGAIN

Paul Hoenmans, vice-president of Mobil Corp.,took up arms again in Calgary on May 14 against the prospect of American sanctions [...]

NIGERIA Energy 21/05/1997

TEXACO TO DRILL WITH OCEAN VALIANT NEXT YEAR

Texaco Nigeria will use the fourth-generation semi submersible Ocean Valiant [...]

NIGERIA Energy 21/05/1997

R.F. BAUER TO MAKE SIDE-TRIP TO NIGERIA

It has been confirmed the drillship Glomar Robert F. Bauer [...]

EQUATORIAL GUINEA Energy 07/05/1997

DISCOVERY FOR UMC

United Meridian Corp (UMC) has just recorded a discovery on its exploration program on Equatorial Guinea's block D where it [...]

GABON EQUATORIAL GUINEA Energy 07/05/1997

PLANS FOR EAGLE AND ROBERT BAUER

Mobil has exercised the first of two six month options [...]

MAURITANIA Energy 23/04/1997

HARDMAN KNOCKS ON MAJORS' DOOR

Taking its cue from UMIC in Ivory Coast which used a springboard tactic to promote the already-known Lion-Panthere prospect, the [...]

NIGERIA Energy 23/04/1997

MOBIL CUTS BACK FLEET

Mobil is cutting back its jack-up fleet in Nigeria to five rigs from seven recently and even eight in 1996. [...]

EQUATORIAL GUINEA Energy 23/04/1997

SIXTH DISCOVERY FOR MOBIL

Mobil has just made a new discovery four kilometers north-east [...]

NIGERIA Energy 02/04/1997

THE AMENAN-KPONO BATTLE

To develop or not to develop? The answer would have to be yes because what else could be done with [...]

NIGERIA Energy 02/04/1997

MOBIL SLOWS DOWN DRILLING

AEM understands that Mobil is considering cutting back its drilling operations in Nigeria's offshore in response to the persistent failure [...]

EQUATORIAL GUINEA Energy 05/02/1997

NEW DISCOVERY FOR MOBIL; CONTRACT FOR SAIBOS

Mobil's IQI-105 well on B block in Equatorial Guinea's offshore, [...]

EQUATORIAL GUINEA Energy 22/01/1997

MOBIL TO MAINTAIN PRODUCTION PACE

That Mobil will maintain a very active drilling program in [...]

ANGOLA Energy 22/01/1997

ANGOLA YARD FOR ETPM

The offshore joint venture McDermott-ETPM West headed by the French partner, ETPM International (66% owned by GTM Entrepose, 33% by [...]

ANGOLA EQUATORIAL GUINEA Energy 08/01/1997

MOBIL TO KEEP ROBERT F BAUER

Mobil has exercised the first of two six-month options extending [...]

EQUATORIAL GUINEA Energy 18/12/1996

SCRAMBLE AT MALABO

As Equatorial Guinea is a small country with rich oil prospects several big groups are scrambling to install the first [...]

IVORY COAST EQUATORIAL GUINEA Energy 04/12/1996

MOBIL TO BUY ZAFIRO FPSO Free

Mobil Oil Equatorial Guinea will exercise its option by the [...]

NIGERIA Energy 20/11/1996

MOBIL COMPLETES NIGERIA JACK-UP CONTRACT RENEWALS

Mobil Nigeria has confirmed the renewal of the jack-up Trident [...]

Spotlight

WEST AFRICA Energy 20/11/1996

WEST AFRICA: COMPETITION CARRIES THE DAY

Initial exploration in West Africa's deep offshore has proved encouraging but because of the huge investments involved it would be best for host countries to display more flexibility regarding E&P contracts. That view, voiced by Lambert Ona Ovono, deputy CEO [. [...]

NIGERIA Energy 23/10/1996

MOBIL SEEKS OR EXTENDS JACK-UP CONTRACTS

Mobil has issued letters of intent for a number of [...]

ANGOLA Energy 23/10/1996

MOBIL ASSIGNS R.F.BAUER TO SHELL FOR WELL

Mobil, which has Global Marine's drillship Robert F Bauer on [...]

EQUATORIAL GUINEA Energy 25/09/1996

ZAFIRO RESERVES A STATE SECRET

Can Equatorial Guinea's government be persuaded that it won't be able to shroud the country's oil reserves in secrecy indefinitely [...]

KENYA 14/09/1996

MOBIL OIL TIPTOES BACK

US oil major Mobil Oil has tiptoed through the tulips and back onto the Kenyan hydrocarbon market, ten years after [...]

CONGO Energy 11/09/1996

ELF/SHELL/TEXACO FAVORED

Elf, Shell and Texaco which presented a joint bid for Congolaise de Raffinage (Coraf) and Congo's marketing network, are in [...]

CAMEROON Energy 11/09/1996

PERENCO FINALIZES KRIBI SCHEME

The Perenco company, which made its debut in Cameroon in 1993 by acquiring Total's interests in the Moudi field, has [...]

KENYA Energy 11/09/1996

MOBIL BUYS ESSO NETWORK

Esso has just sold its marketing assets in Kenya to Mobil. The company already had downstream assets in Africa only [...]

NIGERIA Energy 28/08/1996

MOBIL LOOKING FOR TENDERS FOR 3-6 JACK-UPS

Mobil has issued tender invitations for long-term contracts for between [...]

CENTRAL AFRICAN REPUBLIC Energy 28/08/1996

STATE CONFIRMS CONTROL OF PETROCA

The nomination, expected in recent days, of a new general [...]

ANGOLA Energy 24/07/1996

R.F. BAUER IN ANGOLA FOR MOBIL

The drillship Glomar Robert F. Bauer arrived on location in [...]

EQUATORIAL GUINEA Energy 24/07/1996

PLANS FOR ZAFIRO

Oceaneering is getting a shipyard in Portugal to put the [...]

Spotlight

SOUTH AFRICA Energy 26/06/1996

ENGEN-PETRONAS PACT A SPRINGBOARD?

Mobil had clearly been keen on acquiring a holding in Engen, a company created following Gencor's 1989 purchase of the refinery and distribution assets of the U.S. group's South African and southern African affiliate Trek. [...]

NIGERIA Energy 26/06/1996

CONTRACTS FOR MCDERMOTT-ETPM

McDermott-ETPM International, a new company formed last year following a re-organization of joint ventures between the American group and the [...]

EQUATORIAL GUINEA Energy 12/06/1996

ZAFIRO TO HIT 80,000 BPD

The Zafiro oil field that will go into production in August at an initial 40,000 bpd will hit a level [...]

ANGOLA Energy 29/05/1996

ELF'S DETERMINATION IN ANGOLA

Angola offers an additional sign of Elf's determination to push ahead in order to avoid wasting time on Block 17 [...]

SOUTH AFRICA Energy 01/05/1996

BAUER FOR MOSSGAS RE-COMPLETION

The drillship Glomar Robert F. Bauer has arrived in Port [...]

SUDAN 23/03/1996

KHARTOUM AND THE OIL DISTRIBUTORS

After having asked the four petroleum product distribution companies (Agip, Mobil, Nile Petroleum Co, Shell) at the beginning of February [...]

NIGERIA Energy 13/03/1996

OSO II PROJECT NOW 22% COMPLETED

The Mobil-NNPC joint venture has started building storage and loading [...]

DJIBOUTI 09/03/1996

MOHAMED HERRADI

A Moroccan national who has spent his whole career with Mobil Oil Morocco, Mohamed El Mehdi Herradi has been appointed [...]

CONGO GABON Energy 28/02/1996

A GLOBAL PLATFORM FOR ELF AND MARATHON

Elf has fixed the Global Marine jack-up Transocean 5 (to [...]

WEST AFRICA Energy 31/01/1996

MOBIL BRINGS IN NEW SUB

Mobil is carrying through its project to bring an additional semi-submersible to West Africa for work in Equatorial Guinea. The [...]

WEST AFRICA Energy 17/01/1996

SEMI-SUB SHUFFLE CONTINUES

Elf is in the final stages of negotiations to fix the Reading & Bates semi sub Jim Cunningham, currently in [...]

ANGOLA Energy 03/01/1996

ONE MILLION BPD TARGETED

New oil fields are going to be developed in Angola, Joachim David, Sonangol's managing director, confirmed implicitly in mid-December when [...]

WEST AFRICA Energy 29/11/1995

DEEP OFFSHORE PUSHES EXPLORATION

The deep offshore will continue to serve as the main arena of exploration activity off Western Africa. Elf's discovery of [...]

EQUATORIAL GUINEA Energy 29/11/1995

MOBIL SEEKS THIRD PLATFORM FOR 1996

After lining up two drilling rigs for exploration and for [...]

NIGERIA Energy 15/11/1995

LNG PROJECT SHELVED AGAIN?

The execution of Ken Saro-Wiwa and eight other pro-Ogoni activists after they were sentenced to death on Nov. 6 on [...]

EQUATORIAL GUINEA Energy 01/11/1995

ZAFIRO DEVELOPMENT CONFIRMED

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ALGERIA Energy 01/11/1995

MOBIL MAKES DISCOVERY

Mobil discovered oil with Bir Seba 1, its first well [...]

WEST AFRICA Energy 18/10/1995

RISING DEMAND FOR RIGS

Rising exploration and development activity throughout West Africa has started pushing up dayrates despite a steady influx of mobile drilling [...]

On our other sites

Intelligence Online 11/09/1997

ANALYST'S NOTEBOOK TRACKS CRIME

Some months ago Mobil's investigative and business analysis unit based at the oil company's headquarters in Fairfax, Virginia, was warned [...]

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BAD TIMING

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Yanks Give Oil-Sharing Lessons

MOBIL TAKES BACK TWO JACK-UPS AND WILL REACH FIVE NEXT YEAR

DOZEN FPSO OFFERS TO TRITON

JOHN COUSINS NAMED EXECUTIVE VICE PRESIDENT OF EXXON/MOBIL EXPLORATION

MOBIL SIGNS UP FOR ADRIATIC VIII AGAIN

OCEAN ALLIANCE TO DRILL FOR CHEVRON

NEWCOMER EDGES INTO OIL PICTURE

OPEN CONFLICT WITH ERHC

MOBIL RELEASES ALEUTIAN KEY

PRICE UPTURN FUELS HOPES

TOTALFIN/ELF FALLOUT FOR AFRICA

EXATRADE-JOVENNA ON THE MOVE

MOBIL PLANS THREE EXPLORATION WELLS

MOBIL RELEASES ANOTHER JACK-UP

MOBIL TO RELEASE TOMMY CRAIGHEAD IN MAY

MOBIL TURNS ALEUTHIAN KEY OVER TO ARCO FOR A WELL

FUND DONORS CARE FOR EADB

DRAFTING AN OIL POLICY?

MOBIL QUITS ITS LAST PERMIT

AMNI DISCUSSES GAS PROJECT WITH MOBIL

FLEXIBLE BIDDING TERMS

SEMI-SUB SHIFT CANCELLED

MOBIL CUTS SHORT CONTRACT

SIZING UP MEGA MERGER IMPACT ON AFRICA

FINDS BY OCEAN AND MOBIL

FOUR JACK-UPS FOR MOBIL IN 1999

MOBIL SEEKS SEMI

MOBIL-STPETRO ACCORD

OSO II IN SERVICE

MOBIL GET A HEAD START

MOBIL SUBLETS SEMI-SUB FOR DEEP OFFSHORE

MOBIL RELEASES JACK-UP BUT LIFTS FOOT ON BRAKE

MOBIL/NNPC DRILLING HALT?

JACK-UP MARKET INCREASINGLY SOFT

PERCY JOHNS COULD DRILL FOR MOBIL

MOBIL TO CUT BACK JACK-UP OPERATIONS

AGREEMENT WITH MOBIL MODIFIED

TOTAL SIGNS UP FOR KADUNA

ATWOOD EAGLE LEAVES

GOVERNMENT WANTS TO MODIFY MOBIL CONTRACT

OIL WATERS UNRUFFLED

MOBIL IS TO CONTINUE DRILLING WITH ALEUTIAN KEY

MOBIL RETURNS

MOBIL FIXES NEW JACK-UPS

ZAFIRO TO JUMP TO 120,000 BPD

NNPC CONCERNED

AMOCO TO DRILL WITH ROBERT F. BAUER

JUST CREATED EXPRONET COMES IN

ZAFIRO FLAT OUT BY YEAR'S END

A $4.7 BILLION SHOPPING LIST

STORM CLOUDS GATHERING

MOBIL TO DRILL AGAIN IN DEEP OFFSHORE

SANCTIONS SLAMMED AGAIN

TEXACO TO DRILL WITH OCEAN VALIANT NEXT YEAR

R.F. BAUER TO MAKE SIDE-TRIP TO NIGERIA

DISCOVERY FOR UMC

PLANS FOR EAGLE AND ROBERT BAUER

HARDMAN KNOCKS ON MAJORS' DOOR

MOBIL CUTS BACK FLEET

SIXTH DISCOVERY FOR MOBIL

THE AMENAN-KPONO BATTLE

MOBIL SLOWS DOWN DRILLING

NEW DISCOVERY FOR MOBIL; CONTRACT FOR SAIBOS

MOBIL TO MAINTAIN PRODUCTION PACE

ANGOLA YARD FOR ETPM

MOBIL TO KEEP ROBERT F BAUER

SCRAMBLE AT MALABO

MOBIL TO BUY ZAFIRO FPSO Free

MOBIL COMPLETES NIGERIA JACK-UP CONTRACT RENEWALS

WEST AFRICA: COMPETITION CARRIES THE DAY