three blocks awarded to canadian company in puntland.onglets
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Africa Energy Intelligence /Latest Issue
N°664 - Paris, 30/11/2011
Philippe Vasset
AFRICA Editor in Chief
Total thwarted by African leaders
In inaugurating its new Angolan field of Pazlor , which will pump 220,000 bpd, on November 22 Total found itself in the process of becoming Africa’s biggest crude producer ahead of Exxon and Chevron. Africa has already been the major’s top source of production since 2008 but the company has run into trouble in renewing its portfolio of assets. (...) [641 words] [$11,2]
CONGO-K
Tanganyika pegged out at last
Although hardly anybody noticed it at the time, a decree numbered 017 that oil minister Celestin Mbuyu Kabango signed on Oct. (...)
[273 words] [$7]
ALGERIA
Algiers tightens grip on Sonatrach
Algeria’s presidential office has strengthened its control over Sonatrach by replacing Nordine Cherouati by Abdelhamid Zerguine. (...) [223 words] FREE
SOMALIA
Offshore blocks awarded at last
A unknown Canadian company has been awarded three blocks in Puntland. For the first time, two are offshore concessions. (...) [333 words] [$7]
NIGERIA
French banks sound warning bell
Worried over the capacity of the Pipeline & Product Marketing Company to pay its huge bills, French banks are privately talking of declaring it in default. (...) [412 words] [$7]
Conakry Dana Petroleum settles in
[78 words] [$2,1]
GHANA
GNPC puts pressure on Lukoil
The state-run oil company wants the Russians to commit themselves to wider involvement in Ghana’s economy. (...) [210 words] [$7]
NIGER
CNPC to step up work on Agadem
The latest meeting between the Chinese and the oil ministry indicated that a major drilling campaign is in the offing on Agadem. (...) [277 words] [$7]
CAMEROON
An outlet for Sanaga’s gas
The World Bank has approved a $168 million loan for a power plant at Kribi. It will be supplied by gas from the Sanaga field being developed by Perenco. (...) [350 words] [$7]
ALGERIA
But bargain for Orascom & Suhail
Egypt’s Orascom and Suhail Bahwane from Oman succeeded in negotiating sweetheart deals with regards gas prices. (...) [210 words] [$7]
Pretoria Mossel Bay refinery back in business
[117 words] [$2,1]
ALGERIA
A stiff price for Cevital project
Cevital, the Algerian group founded by Issad Rebrab, has won an initial green light from the Conseil National de l’Investissement for its project to build a polypropylene complex at Arzew with a capacity of 500,000 tons per annum. (...) [238 words] [$7]
GUINEA BISSAU
Power to supply bauxite project
China is expected to build a new hydro power station to supply a major bauxite export project. (...) [201 words] [$7]
CONGO-K
SNEL under outside management
Congo-K’s Societre National d’Electricite is on the point of losing full control over its affairs. An outside operator is about to be chosen to help run it. (...) [332 words] [$7]
Maputo Gas-fuelled power plant for Sasol
[144 words] [$2,1]
IVORY COAST
Battle lines drawn for Azito
Early last week Ivory Coast president Alassane Ouattara once again summoned his energy minister, Adama Toungara, for talks about the Azito power plant. (...) [177 words] [$7]
MADAGASCAR
Marcel Bernard
With a new government of national union taking office on Nov. 21, considerable uncertainty hangs over who will take charge of exploration and production in the country. (...) [176 words] [$7]
NIGER
Mahaman Lawan Gaya
A cabinet meeting in late November decided on a major overhaul of Niger’s oil ministry just as the country is poised to begin producing crude from Agadem field. (...) [120 words] [$7]
NIGERIA
Reginald Chika Stanley
The oil products sector has its back to the wall at the moment because of president Goodluck Jonathan’s determination to do away with subsidies on imports in early 2012. (...) [123 words] [$7]
NIGERIA
Osten Oluyemisi Olorunsola
Less than 18 months after his appointment as boss of the Department of Petroleum Resources, Andrew Obaje was dismissed without explanation on Nov. (...) [142 words] [$7]
GUINEA
BRPP
[111 words] [$2,1]
ANGOLA
Sonangol
[85 words] [$2,1]
GHANA
Petrobras
[117 words] [$2,1]
NIGER
Zinder’s prices contested
On November 14, Niger’s energy and oil minister, Pierre Foumakoye Gado, announced a list of prices for oil products from the Zinder refinery with effect from December 1. (...) [227 words] [$2,1]
NIGERIA
Amnesty Widens
Nearly 250 former rebels from the Niger Delta (247, to be specific) who accepted the presidential amnesty in 2009/2010 left in mid-November to swell the ranks of militants sent abroad (...) [164 words] [$2,1]
GHANA
Panel set up for oil oversight
After much equivocation, Ghana finally formed a Petroleum Committee to regulate its oil industry on November 23. (...) [177 words] [$2,1]
LIBYA
ENI ally lands oil portfolio
Libya’s National Transition Council (NTC) has picked Abed Elrhaman Ben Yaza as the country’s new oil minister. (...) [144 words] [$2,1]
AFRICA
Genesis
[82 words] [$2,1]
ALGERIA/FRANCE
King & Spalding
[140 words] [$2,1]
LIBYA
Franklin Partnership
[93 words] [$2,1]
NIGERIA
Neconde awaits verdict
Despite an announcement by the Nigeria National Petroleum Corporation (NNPC) on Nov. (...) [180 words] [$2,1]
NIGERIA
New cash sought for Satellite
Officials from the Nigeria National Petroleum Corporation (NNPC) dropped in at the Standard Chartered Bank’s headquarters in London last week to try to persuade the establishment to (...) [183 words] [$2,1]
MOROCCO
Loan for Taqa finalized
The establishments BNP Paribas, Societe Generale and Standard Chartered are currently finalizing a $1. (...) [182 words] [$2,1]
TUNISIA
Candax lands big injection
The board of International Finance Corp., the private investment arm of the World Bank, will decide on December 17 whether to buy a stake worth $Can 10 million ($9. (...) [143 words] [$2,1]
Algiers
Mohamed Bazoum
[57 words] [$2,1]
Ougadougou
Alassane Ouattara
[76 words] [$2,1]
Paris
Bart Nnaji
[73 words] [$2,1]
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