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Spotlight

DRC UGANDA

Lake Albert: The Last Roll of the Dice

After four years of uncertainty, Congolese president Joseph Kabila finally made up his mind on June 18 by signing decrees concerning blocks 1 and 2 on the banks of Lake Albert. Exploration on the lakes is far more advanced on [...] (649 words)

Issue dated 30/06/2010 Reading time 3 minutes

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DRC
UGANDA
Aurora Empowerment Systems
Caprikat
Christophe de Margerie
Divine Inspiration
ENI
Fox Whelp
Giuseppe Ciccarelli
Heritage
Jacob Zuma
Joseph Kabila
Khulubuse Zuma
Medea Development
Nelson Mandela
Sinopec
Snam
Total
Tullow
Yoweri Museveni
Zondwa Gaddafi Mandela

Royal Oil & Gas, Dan Gertler's new United Arab Emirates buddy

After securing extensions for his blocks, the Israeli businessman and Kabila buddy has struck new ties with investors from the Gulf. [...]

DRC 13/11/2018

Total pulls off stunt to take Dan Gertler's former prized assets

As the country gears towards its general elections, Total is set to pick up blocks 1 and 2 in the Albertine Graben. Africa Energy Intelligence examines the makings of this highly political deal. [...]

Spotlight

DRC 08/05/2018

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 [. [...]

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DRC 19/12/2017

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. [...]

UGANDA 11/04/2017

Irene Muloni disappoints Museveni with refinery

Uganda’s energy minister Irene Muloni had until March 31 to finalise the Kabaale refinery project. Time proved to get the [...]

Spotlight

DRC 28/03/2017

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 [. [...]

NIGERIA 17/01/2017

India holds pride of place in NNPC's crude allocations

Since Nigeria’s exports of crude to the United States came [...]

CONGO 18/10/2016

Scramble to pick up Total's relinquished acreage in the offshore

In walking away from mature fields, the French major stirred the lust of numerous oil companies already operating in the country and newcomers. [...]

UGANDA 02/04/2013

The cost of Lake Albert’s oil Free

The French major Total has worked out the cost of developing reserves in and around Lake Albert to the three companies involved in the project, Total, CNOOC and Tullow Oil. [...]

UGANDA 19/02/2013

Mbabazi still backing ENI

Ugandan prime minister Amama Mbabazi is continuing to discreetly support the Italian major's efforts to pick up acreage. [...]

Spotlight

UGANDA 05/04/2011

Museveni puts oil under lock & key

Re-elected in February, president Yoweri Museveni has tightened his grip on Uganda's oil sector before production starts on the banks of Lake Albert, normally early next year. After more than a year of horse-trading, he forced Tullow Oil, operator on [. [...]

Spotlight

UGANDA 04/02/2011

Museveni takes no chances

In power for 25 years now, President Yoweri Museveni is not skimping on means to try and win another mandate in the election on 18 February, which would take him into the Guinness Book of Records for presidential longevity. [...]

UGANDA 21/12/2010

Tullow & ENI in Bare Knuckle Fight

Tullow and ENI are each seeking control of block 3A, and a diplomatic dispatch published by Wikileaks reveals just how rough the fight has become. [...]

UGANDA 07/12/2010

ENI Keeps Eye on Graben

The chief executive of ENI, Paolo Scaroni, is due to [...]

DRC KENYA UGANDA 26/10/2010

Former ENI Man Plans Pipeline Free

The project for a pipeline to export oil from Lake Albert is being headed up by Medea Development, a firm which also advises Caprikat and Foxwhelp in Congo-K. [...]

Spotlight

AFRICA 26/10/2010

Total Moves Beyond its Stamping Grounds

Ten years after buying out Elf, Total has finally left its stamping grounds in the Arab world to concentrate on Africa, like its erstwhile rival. Since 2008, the biggest share of the French major's production has been coming from Africa [. [...]

DRC 28/09/2010

ENI Officialy Makes Debut

An executive of the Italian major ENI in Congo-B, Thierry [...]

DRC 27/07/2010

Mere Striplings, but with 2 Blocks Free

Caprikat and Foxwhelp were founded just three months before winning blocks on Lake Albert. [...]

UGANDA 29/06/2010

Heavy Fuel Has Its Fans

During a meeting on June 23, officials from Albatros Energy succeeded in winning a green light from Uganda president Yoweri [...]

DRC 29/06/2010

How Caprikat got their blocks

Caprikat and Fox Whelp, the two companies that have won blocks 1 and 2, are working with Congolese advisors. [...]

UGANDA 15/06/2010

Kampala to Push Hydro Plants

Africa Energy Intelligence understands that a new government body to finance energy projects and dubbed the Uganda Energy Credit Capitalization [...]

DRC 15/06/2010

Exploration to Start on Lakes?

Production sharing contracts on Congo-K’s blocks 3 and 5 are to be officially approved by presidential decree in coming weeks. [...]

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UGANDA 01/06/2010

Museveni Locks In Oil Profits

Africa Energy Intelligence has had an exclusive look at a draft of Uganda's new oil bill which will be examined in Parliament over the coming two months. The bill calls for the creation of a state-run oil company and will [. [...]

UGANDA 18/05/2010

Tullow Seeks to Sell Heavy Fuel

Although oil production hasn’t yet begun, Ireland’s Tullow Oil is in talks with several companies to sell them heavy fuel from its fields in Uganda. [...]

CENTRAL AFRICA 16/02/2010

Total Plays its Cards

On the verge of debuting in Uganda, the French group is already thinking of the next step. [...]

UGANDA 02/02/2010

Tullow & ENI Battle for Heritage

Ireland’s Tullow Oil has presented an offer to Uganda’s president to persuade him of the merits of its project as opposed to major investment pledges by ENI. [...]

DRC 02/02/2010

Soco in Talks for Basin Acreage

Britain’s Soco is negotiating for a concession in the inaccessible but highly coveted central basin. [...]

UGANDA 01/12/2009

Tug of War on Blocks 1 & 3A

Reacting to an announcement on Nov. 23 that ENI had struck a preliminary agreement to buy Heritage Oil’s stakes in [...]

Spotlight

AFRICA 17/11/2009

Fresh Set of Challenges for Tullow Oil

Now approaching the status of a major, the Anglo-Irish concern Tullow Oil won considerable praise during the 16th Oil Week laid on by Global Pacific & Partners in Cape Town. But the company is struggling to digest its success in [. [...]

Receive free prompts for these topics

DRC
UGANDA
Aurora Empowerment Systems
Caprikat
Christophe de Margerie
Divine Inspiration
ENI
Fox Whelp
Giuseppe Ciccarelli
Heritage
Jacob Zuma
Joseph Kabila
Khulubuse Zuma
Medea Development
Nelson Mandela
Sinopec
Snam
Total
Tullow
Yoweri Museveni
Zondwa Gaddafi Mandela

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Lake Albert: The Last Roll of the Dice

This article may be accessed by subscribers and e-wallet holders (USD 19.50)

2 options offered to continue reading

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Receive free prompts for these topics

Royal Oil & Gas, Dan Gertler's new United Arab Emirates buddy

Total pulls off stunt to take Dan Gertler's former prized assets

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

Total and Kabila play the long game on eastern frontier

Irene Muloni disappoints Museveni with refinery

Is Dan Gertler facing his last days in oil?

India holds pride of place in NNPC's crude allocations

Scramble to pick up Total's relinquished acreage in the offshore

The cost of Lake Albert’s oil Free

Mbabazi still backing ENI

Museveni puts oil under lock & key

Museveni takes no chances

Tullow & ENI in Bare Knuckle Fight

ENI Keeps Eye on Graben

Former ENI Man Plans Pipeline Free

Total Moves Beyond its Stamping Grounds

ENI Officialy Makes Debut

Mere Striplings, but with 2 Blocks Free

Heavy Fuel Has Its Fans

How Caprikat got their blocks

Kampala to Push Hydro Plants

Exploration to Start on Lakes?

Museveni Locks In Oil Profits

Tullow Seeks to Sell Heavy Fuel

Total Plays its Cards

Tullow & ENI Battle for Heritage

Soco in Talks for Basin Acreage

Tug of War on Blocks 1 & 3A

Fresh Set of Challenges for Tullow Oil

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