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Subscriber

While Eni has announced increased reserves estimates, Anadarko has made another gas discovery in Offshore Area 1, increasing the likelihood that Shell will come back with a higher bid for Cove Energy

Mozambique
Subscriber

ANGOLA: End-August election date; EQUATORIAL GUINEA: Nguema Lima promoted; TUNISIA: Ennahda-led government to implement EITI

Angola | Equatorial Guinea | Tunisia
Issue 233 - 15 June 2012

Eco Atlantic farm-out approved

Subscriber

The Mines and Energy Ministry has approved a farm-out agreement for Eco Atlantic Oil & Gas to bring in Bermuda-registered Azimuth Ltd to take 20% in its licences.

Namibia
Subscriber

ANGOLA: GE service agreement for Angola LNG; CAMEROON: Pipeline progress; MOROCCO: Benkirane grasps the fuel subsidy nettle

Cameroon | Angola | Morocco
Subscriber

There was no doubt amongst the ministers and senior corporate executives speaking at the fifth Opec Seminar in Vienna on 13 June that fossil fuels would remain the dominant source of energy for the world in the period up to and beyond 2035.

Subscriber

ALGERIA: Sonatrach plans offshore well, Hassi R’Mel drilling; KENYA: Seismic on L6; GABON: McDermott to design new production platforms

Kenya | Gabon | Algeria
Issue 233 - 15 June 2012

Wintershall pulls out of Taoudeni

Subscriber

There is less enthusiasm for the Mauritanian onshore, where Germany’s Wintershall has surrendered its Ta5 and Ta6 licences in the Taoudeni Basin, saying it does not believe they hold commercial resources.

Mauritania
Issue 233 - 15 June 2012

Bids in for Hwange expansion

Subscriber

Zimbabwe Power Company (ZPC) is evaluating bids for the expansion of Hwange Power Station units 7 and 8 following a 5 June deadline for final bids. A total of 11 bidders have prequalified for the expansion of the Hwange and Kariba South plants, but no date has been set for final bids for Kariba.

Zimbabwe
Subscriber

The security of main hydrocarbons producing zones is increasingly being questioned, but the interim authorities have stuck to their insistence that no foreign security operators will be deployed at facilities, writes John Hamilton

Libya
Subscriber

The World Bank is planning a $100m emergency infrastructure loan, which will part-finance a $200m government programme to restore urban and rural infrastructure following the country’s civil conflict.

Côte d'Ivoire
Free

While there is still much more exploration work to be done, Kenya’s discovery of oil is important for more than just national pride. The find, announced in April by Block 10BB operator Tullow Oil, is a significant stabilising factor for regional development as it enables the East African Community (EAC)’s main economic and political power to take a seat at the table alongside its hitherto luckier neighbours.

Kenya | Uganda | Tanzania
Subscriber

AFREN: Production soars with Nigerian start-up; NIGERIA: NNPC loses senior staff in Lagos crash

Nigeria
Issue 232 - 01 June 2012

Shell quits Libya exploration

Free

BP’s decision to lift force majeure on its Libya exploration contracts just days after Shell announced it had suspended its activities reflects the uncertain outlook for both the country’s hydrocarbons prospects and its politics.

Libya
Issue 232 - 01 June 2012

SOMALILAND: Jacka Resources farm-in

Subscriber

The government of the breakaway republic of Somaliland has given ministerial approval for Jacka Resources to farm into Petrosoma’s Odewayne Block, taking 50%

Somalia
Subscriber

Royal Dutch Shell’s bid for Cove Energy, which looked like a done deal when it was announced, has attracted a counter-bid from Thailand’s PTT, suggesting the price could go still higher

Mozambique