Home oil & gas GABON Issue dated 13/10/2015 The bumpy road to merger between Sinopec & Addax Petroleum The need to cut its wage bill has led the parent company of Addax to streamline the way it functions. That’s no easy task. [...] (260 words) This article may be accessed by subscribers and e-wallet holders (EUR 6) Log in to read more Already have an account? Log in Keep me logged in Forgot your password? OK Subscribe toAfrica IntelligenceorPay-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 Keep me logged in Create a free account Free Articles MOROCCO Business 03/07/2020 ESL & Network lays groundwork for World Bank, IMF gathering in Marrakesh ANGOLA Business 30/06/2020 Lourenço wants to make up for diamond road repair blunder CAMEROON Politics 26/06/2020 Army frustrated over treatment of Israeli-supervised special forces defending Paul Biya's twilight years Access the free section On the same subject GABON 05/04/2016 Addax stops pumping oil An accident on the Obangue field has had a devastating effect on the Chinese major Sinopec. [...] GABON NIGERIA 09/02/2016 Addax rules out layoffs to make life easier for everybody Africa Energy Intelligence has learned that Yi Zhang, the managing director of Addax Petroleum (Sinopec group) has finally decided to [...] GABON 08/12/2015 Move to put the skids under new boss at Addax Gabon Taking up his post in September, Thierry Normand, the new managing director of Addax Gabon, set out to follow an [...] Spotlight AFRICA 24/11/2015 Beijing tightens the leash on its oil operators Two years after new president Xi Jinping took power, the relative freedom enjoyed by the management of affiliates of Sinopec, CNPC and CNOOC appears to have vanished. Indeed, the ousting of top aides at CNPC and Sinopec clearly signals that [. [...] AFRICA 10/11/2015 Sinopec’s leading man in Africa falls into disgrace in Beijing Heads are rolling one after the other among chiefs of state-owned Chinese companies that have done part of their business [...] SOUTH AFRICA 27/10/2015 New heads roll at Addax in data theft case Suspended during an in-house probe into the theft of geological [...] AFRICA 29/09/2015 Addax Petroleum's staff waiting for the chop Employees of the Chinese major have received some uncomfortable news. Nearly a quarter of them at the firm’s Geneva headquarters are to be shown the door. [...] GABON 15/09/2015 Thierry Normand will grasp the nettle for Addax According to our sources, Thierry Normand has been hired as the new managing director of Addax Gabon. While most of [...] AFRICA 14/07/2015 Is Addax running short of cash? According to company sources, the 300-strong staff at the headquarters [...] GABON 16/06/2015 Chinese communist party shows an interest in Addax The management of Addax Petroleum (bought by Sinopec in 2009) [...] GABON 14/04/2015 Addax switches headquarters Addax Petroleum, a troubled affiliate of China’s Sinopec, is expected [...] GABON 03/03/2015 The knives are still out among Addax staffers The Chinese company, dispirited by its poor performances in 2014, is pursuing its probe into dubious recruitments in its Gabonese affiliate. [...] CAMEROON GABON NIGERIA 03/02/2015 Addax sorely hit by collapse in oil price While Western majors are slashing their exploration and production budgets, China’s state-run oil companies are doing precisely the same [...] SPECIAL OFFER 15% OFF your subscription to AfricaIntelligence.com SUBSCRIBE Offer available until 31/07/2020 SPECIAL OFFER 15% OFF your subscription to AfricaIntelligence.com - Region SUBSCRIBE Offer available until 31/07/2020 Previous Next Receive prompts for these topics GABON Addax Gabon Addax Petroleum Etienne Ngoubou Guus Klusener Hans Vos Shell Sinopec Talisman Energy Thierry Normand Total See all keywordsSee fewer keywords Create a freenotification What is a notification?