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Issue 380 - 08 November 2018

Sudan: Lundin could face fine

Subscriber

Lundin Petroleum said on 1 November that it had been notified by the Swedish Prosecution Authority that the company could face fines in connection with the preliminary investigation into its operations in Sudan. The Swedish government in October authorised the country’s prosecution authority to proceed with an indictment against Lundin Petroleum chairman Ian Lundin and chief executive Alex Schneiter over alleged complicity in war crimes in Sudan.

Sudan
Free

South Sudan’s oil production has fallen by about 25,000 b/d, or 15%, due to problems with well maintenance in the key producing state of Upper Nile, according to the latest sales and marketing data from the Ministry of Petroleum and Mines. The ministry has outlined a lifting programme for 4.2m barrels of crude for November, equivalent to 140,000 b/d. Production in H1 2014 averaged 165,000 b/d. The drop is significant, and will be costly for the government. The outbreak of hostilities in mid-December had already resulted in a sharp drop in output from 220,000 b/d in November 2013.

South Sudan
Subscriber

After more than a year of blockage, the detailed provisions in the latest deal reached by negotiators from Sudan and South Sudan mean oil could start to flow again within weeks. The deal was reached in the early hours of 12 March after almost a week of talks in the Ethiopian capital, Addis Ababa. An implementation schedule has been agreed by the two sides that demands a resumption in oil production be mandated by the two governments by 24 March. South Sudan halted oil exports via Sudan in January 2012, after the Khartoum government began to confiscate South Sudanese oil as payment for what it claimed were unpaid transit fees.

South Sudan | Sudan
Issue 241 - 18 October 2012

Lake border talks break down

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Negotiations over the disputed lake border between Tanzania and Malawi have broken down, with Malawian officials telling their Tanzanian counterparts that they will pursue their cause before the International Court of Justice (ICJ) rather than continue talks to resolve the dispute.

Malawi | Tanzania
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On 5 October, General Electric Company of Libya (Gecol) deputy executive manager Dr Mahmoud Al-Warfalli told a news conference at the headquarters of the Government of National Accord (GNA) in Tripoli that the board had “met with company officials to ascertain the status of the network and to identify the main problems and tasks”. He said the result of this was an “integrated plan to resolve the crisis in three stages”. The first and most urgent of these is to overcome technical and financial blockages to bring out-of-service plants back into production.

Libya
Free

Business leaders, the liberal policy establishment and conservative states anxious to see stability restored to a region wracked by turmoil since the 2011 Arab Spring will warm to the policy mix likely to be introduced by Egypt’s new interim government, led by a little-known lawyer and an economist of the Washington school. Interim prime minister Hazem El-Beblawi is likely to seek an early deal with the International Monetary Fund (IMF) and the full disbursement of some $8bn committed by Saudi Arabia and the United Arab Emirates (UAE). Meanwhile, his government will scramble to secure energy imports – when ministers and new parastatal heads are finally appointed – as the threat of blackouts looms over the holy month of Ramadan

Egypt
Issue 342 - 16 March 2017

Libya: Sisi brings Haftar to heel

Subscriber

The main reason why Field Marshal Khalifa Haftar was expected to keep Libya’s Sirte Basin oil facilities free of conflict was that intelligence supplied by the Egyptians enabled him to destroy any attacking forces from the air, long before they came in range. On the day that the Benghazi Defence Brigades moved in to Ras Lanuf and Sidra, either the pair of drones which supply this intelligence were not working, or Cairo failed to pass on the warning

Libya
Subscriber

Reports that both the government of South Sudan and nominal opposition leader Riek Machar have been in talks with Khartoum over securing control of South Sudan’s oilfields have roused fears that the already bloody fight could escalate further. Speaking at Juba airport on 6 January at the conclusion of a visit by Sudan’s President Omar Al-Bashir, Sudan’s foreign minister Ali Ahmed Karti told reporters that the two countries were “in consultations” over a proposal from the South Sudanese government for the deployment of a “mixed force to protect oilfields in South Sudan”.

South Sudan | Sudan
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Tullow Ghana has given Technip, in consortium with Subsea7, two contracts for the Tweneboa-Enyenra-Ntomme (Ten) development. The contracts have a combined value of $1.23bn, with a Technip share of about $730m. Technip’s scope of work includes the engineering, fabrication and installation of nine flexible risers, three flexible flowlines and 12 flexible spools, totalling 48km; the engineering, fabrication and installation of 33km of water injection and gas injection rigid flowlines; installation of about 63km of static and dynamic umbilicals; engineering, prefabrication, final assembly and installation of ten rigid jumpers; and delivery of a further six prefabricated rigid jumpers.


Ghana
Subscriber

As the standoff with Khartoum continues, South Sudan is looking at alternatives for its oil. Three refinery projects are in discussion and an export pipeline to Kenya seems increasingly likely, writes Richard Nield

South Sudan
Issue 338 - 19 January 2017

Gabon: New oil minister

Subscriber

Gabon has replaced its oil minister as part of a larger cabinet shuffle. Pascal Houangni Ambouroué, previously deputy economy minister, will replace Etienne Dieudonne Ngoubou, who was appointed in January 2014. Ambouroué was the youngest minister in the government when he was appointed to the cabinet in October 2016, aged 40. Before that, he spent a decade in international finance, including stints with BNP Paribas, Natexis and Crédit Agricole. He then joined the central African stock exchange, the Bourse des Valeurs Mobilières d’Afrique Centrale, where he became director-general in January 2012.

Gabon
Free

President Xi Jingping’s call for China-Africa trade to exceed $400bn by 2020, with infrastructure investment a priority in driving that exponential increase, is a realistic target as ever more Chinese companies explore the continent’s markets. China Inc made a spectacular return to African business in the last decade, with bilateral trade rising from $10bn in 2000 to $210bn in 2013 – an increase many times greater than even optimists in the Beijing government had planned. Officials and company executives in Beijing often comment that things have not always gone as smoothly for China Inc as envious business rivals might think.

Subscriber

Sierra Leone’s much vaunted reconciliation is looking more fragile than ever as November’s elections approach, at a time when – as African Energy’s new upstream oil update table shows – resources companies are expressing more interest than ever in the country’s potential for yielding hydrocarbons and minerals, writes Thalia Griffiths

Sierra Leone
Free

A report prepared by the Petroleum Revenue Special Taskforce was leaked to the press in late October, claiming that $29bn has been swallowed by a natural gas price-fixing scam – allegedly involving Total, Eni, Royal Dutch Shell and state officials – while $6bn/yr was said to go missing annually due to oil theft. Oil minister Diezani Alison-Madueke declined to comment on the report.

Nigeria
Subscriber

The International Tribunal on the Law of the Sea (Itlos) has ruled in Ghana’s favour in a maritime border dispute with Côte d’Ivoire, paving the way for drilling to resume on the Tweneboa-Enyenra-Ntomme (Ten) project. Tullow said it would now work with the government of Ghana to put in place the necessary permits to allow development drilling in the Ten fields to restart. Tullow expects to resume drilling around year-end, which will allow production from the Ten fields to start to increase towards the floating production, storage and offloading (FPSO) vessel’s design capacity of 80,000 b/d.

Ghana | Côte d'Ivoire