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Issue 374 - 26 July 2018

South Sudan: China Oil displaces Unipec in Dar Blend marketing

China Oil has displaced Unipec as the dominant marketer of South Sudan’s Dar Blend crude, lifting cargoes in all but two months of 2018. China Oil has been contracted to lift 9.2m bbls of crude so far this year, almost a third of the country’s 29.6m-bbl production, and 43% of...

Issue 374 - 26 July 2018

South Sudan

Issue 374 - 26 July 2018

South Sudan signals end to crude cargoes

In lifting contracts agreed by Juba in early July for crude shipments in August, there is no cargo for Sudan Petroleum Corporation, signalling an end to the diversion of oil cargoes to Khartoum to pay South Sudan’s oil debts. Energy minister Ezekiel Lol Gatkuoth said in February...

Issue 374 - 26 July 2018

South Sudan

Issue 374 - 26 July 2018

Equatorial Guinea: Local content crackdown

The Ministry of Mines and Hydrocarbons has signalled a tough new line on local content regulations, announcing on 17 July that it had ordered oil companies operating in the country to cancel all contracts with Canada’s CHC Helicopters.Oil companies operating in Equatorial Guinea...

Issue 374 - 26 July 2018

Equatorial Guinea

Issue 374 - 26 July 2018

Algeria: New vice-presidents for Sonatrach

A shake-up in Sonatrach’s senior management has gone beyond the usual shuffling of personnel and directorates which have been the hallmark of previous reforms, indicating that chairman and chief executive Abdelmoumen Ould Kaddour is continuing his attempt to transform the...

Issue 374 - 26 July 2018

Algeria

Issue 374 - 26 July 2018

Angola: Sonangol extends bid deadline

Sonangol has extended the bid period for the former Cobalt International Energy blocks 20/11 and 21/09 in the Kwanza Basin. A Sonangol statement on 20 July said the opening period for a data room in Luanda had been extended to 31 August “at the request of several interested...

Issue 374 - 26 July 2018

Angola

Issue 374 - 26 July 2018

Ghana/Togo: PIAC warns on new border issue

Ghana’s Public Interest and Accountability Committee (PIAC) has urged the government to delineate the maritime border with Togo to defuse a potential row over the East Keta Ultra Deep Block, operated by GNPC Operating Services Company Limited (Gosco).“PIAC is concerned that...

Issue 374 - 26 July 2018

Ghana, Togo

Issue 374 - 26 July 2018

Niger/Nigeria: Pipeline MoU raises export hopes

The governments of Niger and Nigeria signed a memorandum of understanding (MoU) on 24 July for the construction of an export pipeline from the Agadem Rift Basin (ARB) to a new refinery in Katsina State. The MoU was signed by the two countries’ oil ministers and witnessed by...

Issue 374 - 26 July 2018

Niger, Nigeria

Consultancy