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The latest political settlement looks promising but Guinea is still not plain sailing for Hyperdynamics, which has yet to finalise its farm-in deal with Repsol

Ethiopia in EITI, Guinea temporarily out; Big US fund divests Sudan related interests; French loan for Medupi turbines

US minnow Hyperdynamics Corporation has submitted to the government a relinquishment plan for 64% of its original offshore contract area and a 2010-2011 work plan for the 36% it has selected to retain and explore (AE 176/16).

The excitement over West Africa’s Transform Margin reflects the play’s potential to deliver oil finds in countries that have hitherto been of marginal interest at best (AE 174/1).

The Spanish firm has stepped in as operator of Hyperdynamics’ concession offshore Guinea, just as the country’s chronically unstable politics take another turn for the worse, writes Thalia Griffiths

Despite international condemnation of the killing of scores of unarmed protesters, Guinea has attracted a credible offshore farm-in partner in Dana Petroleum, write Thalia Griffiths and our Conakry correspondent. But can IOCs overlook the country’s governance record, or will China’s promised infrastructure package win the day?

China has turned its attention to Guinea as offshore licence holder Hyperdynamics brings in a new team. Former chairman and chief executive Kent Watts and current executive vice president Harry Briers have quit the Hyperdynamics board, though Briers will remain on the management team.

After months of uncertainty and a curtailing of its operations on the ground, Hyperdynamics Corporation says its new chief executive officer has signed a memorandum of understanding “reaffirming the validity of Hyperdynamics’ concession”.

Hyperdynamics Corporation’s cash woes have hit its troubled Guinea project.

Houston-based hopeful Hyperdynamics Corporation has announced plans to replace its president and chief executive Kent Watts when his contract expires on 1 July, and hire a replacement “with international oil and gas experience”. Watts will continue as chairman of the board.

Unusual rumours provide insight into Guinean politicking

No one was seriously expecting that President Lansana Conté’s death would be followed by a smooth democratic transition, and the coup carried out by young officers supported by army chief General Mamadouba Toto Camara was not exactly a surprise.

Steam turbines for Ein El Sokhna; Vattenfall Power Consultant wins WAPP contract; ADF funds Conakry power project; Morocco seeks bids for wind, solar, PV and hydro; Linklaters wins Mphanda Nkuwa contract; Sweco wins Maputo grid contract; ADF backs Kandadji; Consultants sought for first joint hydro project in Nile Basin, ESBI wins US consultancy work; Southern finds mean increased gas for Ste

In Salah substations; OMVS seeks studies of hydropower projects; Sahanivotry HEP start-up; USTDA grant for waste-to-energy; Wind farm tender, AfDB considers funding for Buseruka HEP

The West African Power Pool (WAPP) secretariat has awarded two contracts for studies for the Côte d’Ivoire-Liberia-Sierra Leone-Guinea (CLSG) interconnection