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CONGO

Oil minister Tchicaya rejects then taunts WNR over Marine XI

Despite a last ditch attempt, the oil company WNR has failed to hold on to its stake in the Marine XI block. [...] (241 words)

Issue dated 05/10/2020

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ENI, Mercuria, TotalEnergies and Shell aim to revive Gulf of Guinea next year Free

African E&P may have focused on the south of the continent lately, but the west is still very much in the game. [...]

CONGO 18/06/2021

WNR proposes legal heavyweight from Dentons for Marine XI arbitration with Brazzaville

Engaged in proceedings against the Congolese state at the international arbitration tribunal ICSID since 12 May, World Natural Resources has already chosen its judge to sit on the panel. [...]

CONGO 19/05/2021

WNR launches arbitration against Brazzaville after its Marine XI ousting

Furious at having lost its shares in the Marine XI oil block, World Natural Resources has decided to bring its dispute with the Congolese state before the World Bank's ICSID tribunal. [...]

CONGO 08/12/2020

Bypassed over renewal, oil minister Thystère Tchicaya sends Total a sharp reminder

Although it has locked in another two decades to operate Djeno, French major Total could be in for a bumpy ride with the authorities during the concession transition period through to the end of the year. [...]

Congolese hydrocarbons minister Jean-Marc Thystère Tchicaya. © Christian Bruna/EPA/Newscom/MaxPPP

CONGO 07/09/2020

Hydrocarbons director Teresa Goma checkmates WNR over Marine XI

Having failed to take the lead on Marine XI, junior WMR might be locked out entirely. [...]

Congo Hydrocarbons Director Teresa Goma. © Republic of Congo Ministry of Hydrocarbons

CONGO 28/05/2019

Mercuria opens purse strings to save Marine XI deal

The Geneva-based trading house is pulling out all the stops to pick up the concession previously operated by Soco. [...]

CONGO 26/03/2019

With Soco out, the battle for Marine XI enters next round

There is still a lot up in the air over this block that the state is hoping to move into production quick sharp. [...]

Spotlight

CONGO 12/02/2019

Marine XI: Goma pressures Coastal/Soco while Mercuria lies ready to pounce

The Congolese director of hydrocarbons Teresa Goma has given the three Marine XI partners - Africa Oil & Gas Corp (AOGC), WNR and Soco - until February 15 to secure an operator or the state could soon look for another [. [...]

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Emmanuel Gaillard
Gad Cohen
Jean-Marc Thystère Tchicaya
Maude Lebois
Mercuria
Resources
Shearman and Sterling
Soco
Teresa Goma
World Natural

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