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Spotlight

AFRICA

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 [...] (610 words)

Issue dated 03/07/2018 Reading time 3 minutes

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Energy

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Anadarko
BG Group
BP
ENI
ExxonMobil
Kosmos Energy
NNPC
Sasol
Shell
The slipups
Total
Tullow Oil

ExxonMobil and ENI prepare the ground for the second Coral FLNG

While safety issues are far from being resolved in the Cabo Delgado province, the two majors operating in Block 4 are working hard to develop offshore solutions.

ANGOLA NAMIBIA Energy 20/04/2022

Namcor leads in race for one of cash-strapped Sonangol's prize assets

Boosted by recent successes on its home market, state-owned oil Namibian oil company Namcor is looking to expand into Angola with backing from two partners. It is hoping to take advantage of the financial difficulties currently being experienced by Sonangol, which is having to sell off some of its prize assets, including block 15/06.

SOUTH AFRICA Energy 21/02/2022

South African refineries dwindle as operators BP, Shell, Total and Sasol pull out

South Africa has only one oil refinery left in operation and even that could close within a year following the string of cancelled projects and accidents on out-dated facilities.

TUNISIA Energy 24/05/2021

Shell tries to pressure the government into a new agreement on Miskar

With the country in a difficult social situation, Shell is pulling out all the stops to get the Tunisian government to extend its permit on the field ahead of its projected departure from the country in July 2022.

AFRICA Energy 29/03/2021

Shell, ExxonMobil, Sasol step up for Covid vaccines and spy opportunity

Oil companies, convinced that the hydrocarbon sector's recovery, particularly in Africa, will go hand in hand with vaccination, are helping out with inoculation programmes. Some are investing in the lucrative market for storing vaccines.

SADC Energy 10/03/2021

Advisory firm helps SADC map infrastructure to keep Total's gas in the region

To ensure gas produced in southern Africa does not bypass the regional market altogether, the SADC secretariat would like to see the bloc members adhere to a combined strategy.

SOUTH AFRICA Energy 01/12/2020

Sasol overhauls E&P as it seeks to reduce exposure

South African petrochemical giant Sasol has changed its exploration and production (E&P) management team and is seeking to reduce its exposure in the sector.

Spotlight

MOZAMBIQUE Energy 07/07/2020

Total, Société Générale, TechnipFMC... French groups reign supreme in LNG

Total's arrival in Mozambique in September 2019, which marked a high point in France's efforts to establish its presence in the southern African country, was only the cherry on the cake of a wider-ranging campaign in which French banks and companies were already heavily involved.

MOZAMBIQUE Energy 25/06/2020

Amid accounting woes, Sasol hires PR expert to manage its reputation

Suspected of overestimating its recoverable costs, Sasol hopes its new recruit will restore its image in Maputo.

BENIN Defence Business 05/05/2020

Norway's Vissim late on anti-piracy surveillance system

Cotonou is still waiting on the Norwegian firm Vissim to deliver its maritime surveillance system, one that could help offshore oil operators in the region, while crime in the Gulf of Guinea shows no signs of abating.

NIGERIA Energy 21/04/2020

NAPIMS tussles with oil majors Shell/ExxonMobil/Total over cost-cutting

NNPC's local content arm is trying to keep the oil sector profitable by imposing severe cuts in international companies' expenditure, to the detriment of their Nigerian partners.

CONGO Energy 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 Energy 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,

GHANA Energy 17/03/2020

Shell hashes out LNG deal with GNPC hidden from sight

According to our sources, after weeks of negotiations Shell should soon be selling between 1 and 1.7 million tonnes of

MOZAMBIQUE Energy 18/02/2020

South Africa's SFG Engineering Services sees itself as the king of headhunters in Maputo

Building on from its staffing successes in South Africa, Angola,

MAURITANIA Energy 04/02/2020

Institut Français du Pétrole cashes in on BP-Kosmos duo

Years on from BP and Kosmos Energy's April 2015 discoveries on the cross-border Greater Tortue Ahmeyim (GTA) project, located offshore

AFRICA Energy 17/12/2019

Adnoc lines up its targets and troops to conquer continent

The UAE firm Adnoc, which recently poached specialists on Africa from Total, is being courted by a host of African players.

GHANA Energy 17/12/2019

Local content: who can now sway Tullow-ENI-Kosmos' future?

The acting director of the Petroleum Commission (Petcom), Egbert Faibille, the former lawyer for the ruling New Patriotic Party (NPP)

Spotlight

NIGERIA Energy 03/12/2019

Project Star: Chevron's stealth mission to raise the bids for OMLs 86 and 88

Taking a page from ExxonMobil's book (AEI 851), Chevron would like to trim its Nigerian portfolio by divesting from secondary or aging assets. The plan is to sell these to local firms with enough connections for the Department of Petroleum

AFRICA Energy 19/11/2019

Anardarko aquisition: headhunters chase after Total

French major Total is on the lookout for well-connected people

MOZAMBIQUE Energy 05/11/2019

Total and ExxonMobil at daggers drawn over Rovuma LNG

Giants Total and ExxonMobil are fighting tooth and nail for control of the technical aspects of the giant LNG project.

MOZAMBIQUE Energy 24/09/2019

Violence and insecurity: Nyusi wants to avoid Cabo Delgado from becoming next Niger Delta at all costs

Worried about the rise of violent factions in gas-rich regions

SOUTH AFRICA Energy 24/09/2019

Why is Sean Lunn leaving the powerful Opasa?

According to our sources, the current chairman of Opasa (Offshore

IVORY COAST Energy 23/07/2019

Abdourahmane Cisse slashes bonus rates for ENI and Total Free

The Ivorian government has no current intentions to increase signature bonuses on production sharing and production contracts in the oil

GHANA Energy 09/07/2019

Why is ENI the only major battling for the country's offshore?

Only two companies have submitted an offer to pick up one of the five Ghana blocks up for sale. Italian

MOZAMBIQUE Business 05/07/2019

Radial Circle follows Total, ExxonMobil and ENI

Specialising in telecommunications, the Lagos-based firm Radial Circle Group that

MOZAMBIQUE Energy 25/06/2019

ExxonMobil courts Eximbank for fresh funds

The supermajor has promised to consume American commodities in exchange for a colossal loan.

SOUTH AFRICA Energy 28/05/2019

Total makes splash in Exxon, Azinam and ENI's offshore plans Free

With Cyril Ramaphosa and the ANC's new mandate confirmed after an interminable campaign, and the buzz around Total's 11B/12B block

Spotlight

ALGERIA GHANA MOZAMBIQUE Energy 14/05/2019

The secret story of Total's strike on Anadarko

Total has no intention of losing its seat as one of the largest oil players on the continent and has been busy working to keep ahead of Chevron in the race for Anadarko's African assets.

KENYA Energy 09/04/2019

Majors and traders meet up for sale of Lokichar crude oil

Although the first cargo of crude oil from Kenya's Lokichar

GHANA Energy 26/02/2019

Examination of mysterious licensing candidate Harmony Oil & Gas

While most of the 14 oil companies that were shortlisted for the next stage of the licensing round of new

IVORY COAST Energy 12/02/2019

Khady Dior Ndiaye, Kosmos' first country manager

While it has been in possession of five offshore blocks in partnership with BP since 2017, Kosmos Energy has only

NIGERIA Energy 12/02/2019

NNPC/Exxon-Shell (OML 133): majors bring in arbitration heavyweight to back their case

ExxonMobil and Shell have decided to play their joker in

MOZAMBIQUE Energy 12/02/2019

David Johnson (former Shell) targets gas with Monte Binga's Jama

American entrepreneur David Bryan Johnson appears to have his own oil and gas ambitions, a sector in which he hopes

NIGERIA Energy 29/01/2019

Nigerian politics never that far from Exxon/Shell-NNPC conflict

Oil majors ExxonMobil and Shell have entered full attack mode against Nigeria's NNPC, with which they have been in conflict

MOZAMBIQUE Energy 29/01/2019

Anadarko outpaces ExxonMobil over Afungi

After making several announcements of its imminent launch, the American independent firm is now preparing to install its first liquefaction trains.

SIERRA LEONE Energy 11/12/2018

Freetown bends over backwards to woo Total and ENI

Although the licensing round, postponed in September to give more

IVORY COAST Energy 27/11/2018

Thierry Tanoh sees Total and ENI as potential cash cows

Talks over new blocks with the two majors could pump up the state coffers by several million dollars.

LIBERIA Energy 13/11/2018

New NOCAL boss Saifuah-Mai Gray off to a running start

The young attorney Saifuah-Mai Gray, recently appointed by President George Weah to direct the National Oil Company of Liberia (NOCAL),

IVORY COAST Energy 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

MOZAMBIQUE Energy 13/11/2018

Qatar Petroleum opens offices in Maputo at last!

After being courted by the state-owned Empresa Nacional de Hidrocarbonetos (ENH) for years (AEI 772), the national firm Qatar Petroleum

CONGO Energy 13/11/2018

Kosmos Energy takes a bet on Denis Sassou N'Guesso

According to our information, Kosmos Energy is about to finalise its deal with Congo-B to purchase a deep offshore licence

MAURITANIA Energy 30/10/2018

Where are Total's new permits?

Officialised during French president Emmanuel Macron's visit to Nouakchott in

GAMBIA Energy 02/10/2018

Governments speeds up offshore bidding round

According to our sources, the Gambian ministry of oil should

TANZANIA Energy 02/10/2018

With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Dar es Salaam's threats to do away with international arbitration could see the back of major oil & gas firms.

AFRICA Energy 18/09/2018

Azinam hires oil whizzes ahead of Oslo IPO

To ensure everything is in shipshape order before it goes

SOUTH AFRICA Energy 18/09/2018

Who is Ricocure, Azinam's discrete offshore partner?

Azinam, the newcomer to South Africa's offshore scene (AEI 823) and subsidiary of Dubai-based venture capital firm Azimuth Capital, will

LIBERIA Energy 21/08/2018

Tenders in sight

Liberian state-owned firm Nocal, which has been harshly condemned, notably

MAURITANIA Energy 17/07/2018

Total pockets new assets after Macron's high-energy trip

The French major had been waiting for more than a year to secure new offshore blocks but the Mauritanian president deftly kept the firm on its toes.

GHANA Energy 05/06/2018

Springfield uses extensive connections to get noticed by ENI

Springfield Group, operator of West Cape Three Points Block 2 (WCTP2) since 2016, is hoping to finance a well this

NIGERIA Energy 22/05/2018

NNPC biding time against Shell and Exxon

Summoned by a New York federal court to gather the

SENEGAL Energy 20/03/2018

Legal imbroglio between African Petroleum, Dakar and Total

The Rufisque Offshore Profond permit granted to Total in May 2017 has become the subject of a headed dispute that could spiral out of hand.

NIGERIA Energy 23/01/2018

Colossal Zaba Zaba field (OPL245) blocked by Italian court

Shell and ENI's grilling by an Italian court for "corruption" is obstructing the development of OPL 245's massive gas resources.

Spotlight

AFRICA Energy 27/06/2017

American major ExxonMobil wants a finger in every pie

Flying in the face of low crude prices, over the past few months ExxonMobil has been on a spending spree across Africa picking up a string of new acquisitions. New boss Darren Woods' arrival in January doesn't seem to have

Spotlight

AFRICA Energy 31/01/2017

Japan pushing its oil firms to take on the continent

While Japanese service companies have been investing actively in Africa for over a decade the big energy conglomerates that deal in both trading and E&P have been lying low despite calls for action by the government.

Spotlight

NIGERIA Energy 20/09/2016

Baru and Kachikwu in power struggle at NNPC

Alongside President Muhammadu Buhari, who officially holds the post of oil minister, Nigeria's petroleum affairs are currently handled by two men, Maikanti Kacalla Baru, group managing director of NNPC, and Emmanuel Kachikwu, minister of state, petroleum resources (and also chairman

Spotlight

AFRICA SOUTH AMERICA Energy 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

Spotlight

SOMALIA Politics 06/07/2012

From civil war to squabbling over oil Free

The prospect that conditions conducive to searching for oil in Somalia are returning has resulted in a variety of initiatives. And this despite the fact that the civil war against the Al Shabaab Islamists has not yet been won, even

Spotlight

GHANA Energy 31/08/2010

Fight Narrows Down for Giant Jubilee Field

After a year of squabbling with Ghana's government, ExxonMobil has finally dropped the idea of laying out USD 4 billion for Kosmos Energy's assets in Ghana, and particularly for its shares in the huge Jubilee field that is due to

Set up email notifications for these topics

Anadarko
BG Group
BP
ENI
ExxonMobil
Kosmos Energy
NNPC
Sasol
Shell
The slipups
Total
Tullow Oil

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Facing courts and shareholders, Monaco Resources Group living on borrowed time - and money

Algerian secret services in survival mode in North Mali

William Ruto's new order

Africa in the Russia-Ukraine war

The Sahel threatened by a jihadist tornado

Shell still needs to play catch-up after BG purchase

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Set up email notifications for these topics

ExxonMobil and ENI prepare the ground for the second Coral FLNG

Namcor leads in race for one of cash-strapped Sonangol's prize assets

South African refineries dwindle as operators BP, Shell, Total and Sasol pull out

Shell tries to pressure the government into a new agreement on Miskar

Shell, ExxonMobil, Sasol step up for Covid vaccines and spy opportunity

Advisory firm helps SADC map infrastructure to keep Total's gas in the region

Sasol overhauls E&P as it seeks to reduce exposure

Total, Société Générale, TechnipFMC... French groups reign supreme in LNG

Amid accounting woes, Sasol hires PR expert to manage its reputation

Norway's Vissim late on anti-piracy surveillance system

NAPIMS tussles with oil majors Shell/ExxonMobil/Total over cost-cutting

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

Kosmos and Tullow hardest hit by coronavirus

Shell hashes out LNG deal with GNPC hidden from sight

South Africa's SFG Engineering Services sees itself as the king of headhunters in Maputo

Institut Français du Pétrole cashes in on BP-Kosmos duo

Adnoc lines up its targets and troops to conquer continent

Local content: who can now sway Tullow-ENI-Kosmos' future?

Project Star: Chevron's stealth mission to raise the bids for OMLs 86 and 88

Anardarko aquisition: headhunters chase after Total

Total and ExxonMobil at daggers drawn over Rovuma LNG

Violence and insecurity: Nyusi wants to avoid Cabo Delgado from becoming next Niger Delta at all costs

Why is Sean Lunn leaving the powerful Opasa?

Abdourahmane Cisse slashes bonus rates for ENI and Total Free

Why is ENI the only major battling for the country's offshore?

Radial Circle follows Total, ExxonMobil and ENI

ExxonMobil courts Eximbank for fresh funds

Total makes splash in Exxon, Azinam and ENI's offshore plans Free

The secret story of Total's strike on Anadarko

Majors and traders meet up for sale of Lokichar crude oil

Examination of mysterious licensing candidate Harmony Oil & Gas

Khady Dior Ndiaye, Kosmos' first country manager

NNPC/Exxon-Shell (OML 133): majors bring in arbitration heavyweight to back their case

David Johnson (former Shell) targets gas with Monte Binga's Jama

Nigerian politics never that far from Exxon/Shell-NNPC conflict

Anadarko outpaces ExxonMobil over Afungi

Freetown bends over backwards to woo Total and ENI

Thierry Tanoh sees Total and ENI as potential cash cows

New NOCAL boss Saifuah-Mai Gray off to a running start

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

Qatar Petroleum opens offices in Maputo at last!

Kosmos Energy takes a bet on Denis Sassou N'Guesso

Where are Total's new permits?

Governments speeds up offshore bidding round

With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Azinam hires oil whizzes ahead of Oslo IPO

Who is Ricocure, Azinam's discrete offshore partner?

Tenders in sight

Total pockets new assets after Macron's high-energy trip

Springfield uses extensive connections to get noticed by ENI

NNPC biding time against Shell and Exxon

Legal imbroglio between African Petroleum, Dakar and Total

Colossal Zaba Zaba field (OPL245) blocked by Italian court

American major ExxonMobil wants a finger in every pie

Japan pushing its oil firms to take on the continent

Baru and Kachikwu in power struggle at NNPC

In the quest for geological treasure

From civil war to squabbling over oil Free

Fight Narrows Down for Giant Jubilee Field

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