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Waiting for an exploration contract for three years Britain’s Surestream and its Italian party are now pinning hopes on Ndunda. [...]
The president’s office ordered the biggest sedimentary basin in Congo-K to be pegged out. The new blocks are far smaller than previous concessions. [...]
The Italian major hopes to acquire the last block in the Albertine Graben with an indirect leg-up from the Vatican. [...]
France’s Total is intent on quickly winning a green light to become operator on block 3 near Lake Albert alongside SACoil so that exploration can begin at long last. [...]
Total and Norway’s Statoil figure among companies that put in bids to operate the Tanganyika North block on the lake of the same name. [...]
In travelling to Congo-K with a major Portuguese business delegation last week, Micael Gulbenkian, grandson of the legendary trader Calouste [...]
Having attracted juniors with little experience and even fewer resources up to now, Congo-K’s basins have become the playground of majors. Total will soon debut in the Albertine trough, ENI is equally in pole position in the central basin and [. [...]
With ENI hoping to get its hands on block 4 near Lake Edward, the Democratic Republic of Congo’s consul in Italy is also trying to break into Congo-K’s oil sector. [...]
An executive of the Italian major ENI in Congo-B, Thierry [...]
After succeeding in buying into Tullow Oil’s blocks in Uganda, Total is now thinking of teaming up with the Irish group on the other side of Lake Albert, in Congo-K. [...]
Congo-K’s president is expected to announce several key decisions at a Cape IV summit meeting in Kinshasa between March 24-27. [...]
After an abortive visit by the chief executive of ENI who left Congo-K without a contract last August the government is trying to make up for the rebuff. [...]
The Italian major managed to sign only one agreement, which turned out null and void, in Congo-K but has managed to get into Ghana’s offshore. [...]
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