Your account has been succesfully created.

SPECIAL OFFER: 15% OFF your subscription to AfricaIntelligence.com
SUBSCRIBE

SPECIAL OFFER: 15% OFF your subscription to AfricaIntelligence.com - Region
SUBSCRIBE

Subscribe now

AFRICA Issue dated 27/06/2017

Addax sweeps the cobwebs out of its official networks

From Geneva to Africa, heads have been rolling as the company steels to shield itself against the fallout of the pending Swiss court case over its activities in Nigeria. [...] (282 words)

This article may be accessed by subscribers and e-wallet holders (EUR 6)
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

NIGERIA GABON 20/03/2018

Geneva municipality picks Addax's top auditor S. Blanchot as new CFO

Rebounding quickly after Addax Petroleum's Genevan offices were relocated to its parent company Sinopec's Beijing headquarters in late December, some [...]

GABON 05/12/2017

Why Yi Zhang decided to shift Addax out of Geneva

Deloitte's explosive audit of Addax Petroleum, in which it explains its reasons for refusing to validate the Sinopec unit's 2015 financial statements, has shed led on its organisation in Gabon. [...]

NIGERIA GABON 12/09/2017

Guus Klusener, still carries sway at Addax from behind the scenes

According to our sources, the former legal director and member of the board at Addax Petroleum, Guus Klusener, being paid [...]

NIGERIA 29/08/2017

Ruud Schrama pays for handling Kaztec case at Addax

According to our sources, Addax Petroleum's operations director, Dutch national Ruud Schrama, was let go at the end of July. [...]

CAMEROON GABON NIGERIA 29/08/2017

Sinopec chastises Geneva over Addax case

Beijing has made its decision. It is going to close Addax's Genevan, but also UK and US, offices. The move was in no small part precipitated by the Swiss court case, marking an end to Geneva's role as a global oil nucleus. [...]

NIGERIA 11/07/2017

Addax pays up, switches up its team and settles its legal case

In exchange for a 32 million Swiss franc fine and a change of management, the Genevan procurer, Yves Bertossa has [...]

NIGERIA 30/05/2017

Guus Klusener and Yi Zhang back on track at Addax

According to our sources, managing director Yi Zhang and chief financial officer Guus Klusener of Addax Petroleum, both under scrutiny [...]

Spotlight GABON NIGERIA 11/04/2017

Addax case rubs off on Communist party

In the wake of Deloitte’s refusal to validate Addax Petroleum’s 2015 accounts at the end of last year due to serious question marks over certain transactions (AEI 788), the Swiss judicial authorities have muscled into the matter and arrested Addax’s [. [...]

AFRICA 14/03/2017

Klusener tries to save Addax from catastrophe

Since Addax Petroleum’s auditor, Deloitte, refused to certify its 2015 accounts, the company’s influential chief legal officer, Guus Klusener, has [...]

Spotlight AFRICA 28/02/2017

Klusener first in the firing line in Addax/Deloitte scandal

With its executives leaving in droves and its production in the doldrums, Addax Petroleum, which was bought out by Sinopec in 2009 for $7.2 billion, has run into trouble of a different order. Although the crisis has been largely contained [. [...]

GABON 23/08/2016

Government sticks nose into Satram-Addax dispute

With its finances already reeling, Addax Petroleum must pay a huge bill to a Moroccan services company. [...]

GABON 07/06/2016

Explosion on Obangue field: Addax muddies the water

A services company that lost a worker and Gabon’s government have put the fatal explosion on Obangue behind them. Here’s why. [...]

GABON 14/07/2015

Addax caught up in new wrangle with government

Relations between the Chinese group and Libreville could worsen once again with a new scandal. And this time Addax’s supporter in presidential circles could allow the matter to run its course. [...]

GABON 17/03/2015

Thomas Assogba, Addax’s hired hand

Relations between the Chinese firm Addax Petroleum (part of the Sinopec group) and Gabon’s government have been highly complicated in [...]

Spotlight GABON 25/03/2014

Addax faces crushing government demands

The end to the legal battle between Gabon’s authorities and the Chinese firm Addax Petroleum in 2013 was by no means the end to the saga. Some articles in the new, 10-year accord on the Obangue, Tsiengui and Autour fields [. [...]

Spotlight GABON 28/01/2014

Ngoubou gets the better of Addax

Taking over as oil minister in February, 2012, Etienne Ngoubou succeeded in making himself indispensable to president Ali Bongo and his chief-of-staff Maixent Accrombessi. And he has finally won the tug of war he began a year ago with China’s [. [...]

New: Sign up for real-time alerts and be notified of new editions!

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

By continuing your visit to this site, you accept the use of cookies allowing us to adapt and enhance your experience. Read more

Addax sweeps the cobwebs out of its official networks

This article may be accessed by subscribers and e-wallet holders (EUR 6)
Log in to read more

Subscribe to
Africa Intelligence
or
Pay-Per-Article

Subscribe or Pay-Per-Article

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

Free Articles

ESL & Network lays groundwork for World Bank, IMF gathering in Marrakesh

Lourenço wants to make up for diamond road repair blunder

Army frustrated over treatment of Israeli-supervised special forces defending Paul Biya's twilight years

Geneva municipality picks Addax's top auditor S. Blanchot as new CFO

Why Yi Zhang decided to shift Addax out of Geneva

Guus Klusener, still carries sway at Addax from behind the scenes

Ruud Schrama pays for handling Kaztec case at Addax

Sinopec chastises Geneva over Addax case

Addax pays up, switches up its team and settles its legal case

Guus Klusener and Yi Zhang back on track at Addax

Addax case rubs off on Communist party

Klusener tries to save Addax from catastrophe

Klusener first in the firing line in Addax/Deloitte scandal

Government sticks nose into Satram-Addax dispute

Explosion on Obangue field: Addax muddies the water

Addax caught up in new wrangle with government

Thomas Assogba, Addax’s hired hand

Addax faces crushing government demands

Ngoubou gets the better of Addax

SPECIAL OFFER

SPECIAL OFFER

Receive prompts for these topics

First visit

Contacts

Tools

Free services

Follow us

A website edited by

Indigo Publications also publishes:

Erdogan sets out to conquer Africa

Cabo Delgado: a gas Eldorado and security nightmare

Addax sweeps the cobwebs out of its official networks

This article may be accessed by subscribers and e-wallet holders (EUR 6) Log in to read more

Already have an account? Log in

Subscribe toAfrica IntelligenceorPay-Per-Article

Subscribe or Pay-Per-Article

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

Free Articles

ESL &amp; Network lays groundwork for World Bank, IMF gathering in Marrakesh

Lourenço wants to make up for diamond road repair blunder

Army frustrated over treatment of Israeli-supervised special forces defending Paul Biya's twilight years

Geneva municipality picks Addax's top auditor S. Blanchot as new CFO

Why Yi Zhang decided to shift Addax out of Geneva

Guus Klusener, still carries sway at Addax from behind the scenes

Ruud Schrama pays for handling Kaztec case at Addax

Sinopec chastises Geneva over Addax case

Addax pays up, switches up its team and settles its legal case

Guus Klusener and Yi Zhang back on track at Addax

Addax case rubs off on Communist party

Klusener tries to save Addax from catastrophe

Klusener first in the firing line in Addax/Deloitte scandal

Government sticks nose into Satram-Addax dispute

Explosion on Obangue field: Addax muddies the water

Addax caught up in new wrangle with government

Thomas Assogba, Addax’s hired hand

Addax faces crushing government demands

Ngoubou gets the better of Addax

SPECIAL OFFER

SPECIAL OFFER

Receive prompts for these topics

First visit

Contacts

Tools

Free services

Follow us

A website edited by

Indigo Publications also publishes:

This article may be accessed by subscribers and e-wallet holders (EUR 6)
Log in to read more

Already have an account?
Log in

Subscribe to
Africa Intelligence
or
Pay-Per-Article

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

ESL & Network lays groundwork for World Bank, IMF gathering in Marrakesh