Spotlight AFRICA SOUTH AMERICA Issue dated 25/02/2014

In the quest for geological treasure

Joined millions of years ago, the African and South American continents present geological similarities that stir the curiosity of oil companies. Recent discoveries on the South American side of the Atlantic have spurred demand for exploration licences on the opposite [...] (646 words)

This article may be accessed by subscribers and e-wallet holders (EUR 9.60)
Log in to read more

Subscribe to
Africa Intelligence
or
Pay-Per-Article

E-wallet
starting from 30 EUR

Subscribe or Pay-Per-Article

Discover our offers

Not reader yet?
Create an account to access our FREE SECTION

A free issue

A selection of articles

New editions' summaries

Keyword notifications to follow people or topics of interest to you

A free issue and a selection of free articles

Summaries and email notifications

On the same subject

CONGO 31/03/2020

Marine XXI, XXII: who would have been Kosmos' mystery partner?

As we reveal above, it is understood that Kosmos Energy has pulled out of the negotiations for the two offshore [...]

Spotlight AFRICA 31/03/2020

Kosmos and Tullow hardest hit by coronavirus

Oil and gas firms are watching in dismay as oil prices drop because of the global coronavirus pandemic (Covid-19). While most majors have large cash reserves at their disposal to weather the storm, two leading names in African oil exploration, [. [...]

AFRICA 17/12/2019

Drilling: Lloyd's Register picks out new dream team

The British maritime classification society Lloyd's Register, whose clients include [...]

SENEGAL 27/08/2019

BP already preparing next deal on Yakaar and Tortue

The British major is working to convince president Macky Sall to launch other gas fields as soon as possible. [...]

AFRICA 23/07/2019

Africa Oil weaves a continent-wide web of investments

Africa Oil is busy expanding its portfolio in all corners of the continent. [...]

NAMIBIA 12/02/2019

Kongoro (ex-BP), Hage Geingob's trump card for luring in majors

As the new chairman of the board at Namcor since [...]

NAMIBIA 12/02/2019

Impact aims for repeat winning bet with Total

With the acquisition on February 8 of a nearly 19% [...]

CONGO 27/11/2018

Who is Total up against over Marine XX?

The last council of ministers awarded a string of new blocks with one glaring omission - the permit hotly disputed by the French major and another key investor. [...]

IVORY COAST 13/11/2018

With the government's support, tullow continues sweap of ivorian offshore goodies

The Ivorian government should make its decision about British junior [...]

NAMIBIA 16/10/2018

Chariot Oil flounders and drags Windhoek into the unknown

And that makes two! Namibia's offshore is decidedly a hazardous [...]

Spotlight AFRICA 03/07/2018

Shell still needs to play catch-up after BG purchase

As both BP and ExxonMobil take a major bet on the continent, and Total and ENI ramp up their African investments, Shell is nearly the only Western major to be dragging behind. Africa Energy Intelligence examines the Anglo-Dutch major's botched [. [...]

TANZANIA 24/04/2018

Magufuli unable to stem ebbing tide of oil & gas firms

After the discovery of large natural gas deposits saw a [...]

MAURITANIA 20/02/2018

Total shifts into next gear on offshore C-18

Offshore block C-18 partners' annual meeting, gave the field operator [...]

MOROCCO 20/02/2018

Investors lured by onshore but edgy over Sahara Free

On February 2, the board of directors of Morocco's Office national des hydrocarbures et des mines (ONHYM) met in presence [...]

MAURITANIA 05/12/2017

ExxonMobil sends signature bonuses skyrocketing

The American major is all set to pick up three offshore blocks but not at any price! [...]

EAST AFRICA 24/10/2017

Tsavo Oilfield wants to become oil players' best buddy

New consultancy firm Tsavo Oilfield Services has hit the ground [...]

NAMIBIA 10/10/2017

Impact Oil & Gas doing swimmingly in offshore

French major Total's soon-to-be entry into permit 2913B further confirms the renewed interest international oil firms have been showing in [...]

WEST AFRICA 29/08/2017

Kosmos Energy receives golden advice for London Stock Exchange IPO

American junior Kosmos Energy, which listed on the London Stock [...]

MAURITANIA SENEGAL 11/07/2017

BP and Kosmos start production testing on Tortue

Before any final investment decision can be made, partners on [...]

CONGO 27/06/2017

Och-Ziff affair puts Steve Lowden on the back foot

Founder of New Age (African Global Energy) in 2007, American national Steve Lowden has now found himself forced to step [...]

BENIN 01/11/2016

Why offshore operations are frozen by Petrobras scandal

The operator of block 4 has run into trouble with the authorities investigating the Petrobras scandal, and that’s jeopardizing exploration in a sector already on the ropes. [...]

SOMALIA 18/10/2016

Tanzania's IMMA trains Mogadishu's government officials in oil contracts

Working in Nairobi in September, the Tanzanian law firm IMMA [...]

NAMIBIA 22/12/2015

Serica Energy’s rights renewed but work at standstill

The British junior Serica Energy, which was recently granted an [...]

Spotlight AFRICA 23/09/2014

Kosmos Energy shifts into higher gear

The new boss of the American oil group Kosmos Energy, Andrew Inglis, a former E&P chief at BP, has adopted an aggressive acquisition strategy aimed at picking up fresh permits in the Gulf of Guinea as well as in Europe [. [...]

GHANA GUYANA 10/06/2014

Jubilee still a lure for some

The discovery of Ghana’s Jubilee field and its 700 million [...]

NAMIBIA 30/07/2013

Big fish circling minnows

The major oil groups are increasingly moving in on Windhoek with the intention of swallowing up juniors that anticipated the opportunities some years back. [...]

AFRICA 04/06/2013

Petrobras prepares its drawdown

Brazil’s national oil company is continuing to dispose of its international assets to focus on its major finds close to Rio de Janeiro. [...]

NAMIBIA 16/04/2013

All eyes fixed on HRT

It would be no understatement to claim Namcor and the [...]

AFRICA BRAZIL 02/04/2013

Petrobras

The Brazilian firm is going to withdraw considerably from Africa [...]

Spotlight NAMIBIA 20/09/2011

The African twin of Brazil's new El Dorado

Still largely unknown and barely explored, Namibia's offshore may shortly acquire star billing. For some months, a number of majors, convinced Namibia could present geological features close to those of Brazil's offshore, are seeking to join forces with a Brazilian [. [...]

SPECIAL OFFER

15% OFF your subscription to Africa Intelligence

Offer available until 19/03/2021

Receive free prompts for these topics

BP
Chariot Oil
Exxon
Galp
Hardman Resources
HRT Oil & Gas
Impact Oil & Gas
Inpex
Kosmos Energy
Marcio Mello
Noble Energy
Petrobras
Premier Oil
Repsol
Rockhopper Exploration
Shell
Signet
Total
Tullow Oil

Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

Abiy purged his military high command to prepare for his war against the TPLF

Cabo Delgado: a gas Eldorado and security nightmare

Erdogan sets out to conquer Africa

The Renaissance Dam – a national symbol but a regional quandary

In the quest for geological treasure

This article may be accessed by subscribers and e-wallet holders (EUR 9.60) Log in to read more

Already have an account? Log in

Subscribe toAfrica IntelligenceorPay-Per-Article