Chevron

South Africa
TotalEnergies and offshore majors keep a close eye on the political crisis

Cyril Ramaphosa faces possible impeachment proceedings after being accused in a parliamentary report. Behind the scenes, oil operators remain calm about the impact of the crisis on their activities.

Cameroon, Equatorial Guinea
Biya and Obiang set to seal gas deal

A cross-border energy cooperation deal between Cameroon and Equatorial Guinea, which has been stalled for several years, is now set to go ahead and should boost both countries' gas operations. It would also benefit Marathon Oil and its Bioko liquefaction plant as well as Chevron, which operates in both countries.

Angola, Portugal
Nelson Duarte de Matos appointed honorary consul in Cabinda

Portugal named lawyer Nelson Duarte de Matos its new honorary consul in the Angolan enclave of Cabinda on 10 November.

Central Africa
Chevron set to stay in Equatorial Guinea and Cameroon

Although initially Chevron had no interest in the African blocks it acquired as a result of its takeover of Noble Energy, these assets are proving more profitable than expected. Russia's war against Ukraine has made them even more attractive.

Africa
Alassane Ouattara, Ibrahim Traoré, Faustin-Archange Touadéra, Hamza Abdi Barre, François Perrodo

Intrigues big and small... Every Tuesday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

The New Guard
Senegal, Egypt and Namibia

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

Senegal Sijh Diagne, former diaspora banker maps out post Covid-19 recovery plan

Egypt Tino Abdellatif Waked, driving Uber's African growth

Namibia Maggy Shino, young advocate for Namibian gas

Egypt Nada El Ahwal, heiress to a shipping logistics empire

Namibia
Chevron's Orange Basin acquisition is part of wider Namibia strategy

The acquisition of Block 2813B by Chevron, which is expected to be announced soon, is the first step in the US oil major's wider strategy to conquer Namibia.

Angola
Oil minister gives official approval to Somoil's acquisitions in blocks 14 and 14T

Le ministre du pétrole Diamantino Azevedo a entériné le 8 septembre le rachat par la junior angolaise Somoil des participations du japonais Inpex et du français TotalEnergies sur les blocs 14 (20 %) et 14T (10 %).

DRC
UN, Houston and Washington on Tshisekedi's US agenda

Expected next week in New York for the annual United [...]

Spotlight | Africa
ExxonMobil, Chevron, Marathon... US giants start mass exodus from the continent

With the exception of Namibia and Mozambique, Africa has ceased to be attractive to US oil companies, which are gradually withdrawing from the market. This strategy is the opposite of that adopted by the Chinese and Russians, which are continuing to push ahead.

Angola, Nigeria, Tanzania
Equinor's elite women's squadron in Africa

Within the game of top level musical chairs at Equinor, a new general manager was appointed in Angola to replace Nina Koch, who has taken the helm of the group's Africa operations.

Sao Tome and Principe
Shell/Galp's drilling on block 6 may kickstart negotiations over block 4

The offshore field in Sao Tomé has recently become a hotspot for oil companies eagerly awaiting the results of drilling on block 6. If drilling is successful, negotiations over block 4, contested by ERHC, Kosmos and TotalEnergies, may resume.

Nigeria
Disputes still hound Nigeria's relations with ENI and Shell

Nigerian oil company NNPC has managed to settle the lawsuits filed against it in the United States by trading them for block extensions. But the West African giant has not seen the back of its arbitration proceedings involving ENI and Shell yet.

Angola
Deloitte & Touche confirms status as leading oil auditor

Le ministère angolais des finances, dirigé par Vera Daves, vient de sélectionner Deloitte & Touche, filiale locale du cabinet de conseil Deloitte, pour réaliser l'audit des comptes des sociétés pétrolières pour les années 2021-2022.

Zambia
Mining appeals tribunal takes shape

Zambia has at last launched its new appeals tribunal dedicated to settling disputes in the strategic mining sector. It is manned by several big names from the legal and mining worlds.

Angola
MPLA eyes billion dollar bonanza from Sonangol asset sale

The selling off of the assets of state-owned Sonangol should provide the ruling party with a huge war chest with which to fight the forthcoming elections.

Angola
Galp plans offshore exit to finance cash calls for Africa and Brazil

The Portuguese firm is seeking to divest its interests in two Angolan producing blocks operated by Chevron. It is reorganising its portfolio in order to finance cash calls on its most promising blocks in Africa and in Brazil.

Equatorial Guinea
Deep-pocketed juniors target Chevron assets

Canadian group Gran Tierra Energy and US junior Vaalco are in talks to take over Chevron's producing fields in offshore Equatorial Guinea.