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Issue 211 - 21 June 2011

Miners, Somelec in Banda GTP

Subscriber

A group of mining companies have joined forces with the state power utility to develop a power project based on gas from the offshore Banda field.

Mauritania
Issue 211 - 21 June 2011

Refinery inaugurated

Subscriber

The N’Djamena refinery, built by Chinese contractors, is to open on 27 June, petroleum minister Eugène Tabe N’Gaoulam told African Energy.

Chad
Issue 211 - 21 June 2011

Ophir plans London listing

Subscriber

Ophir Energy plans to raise up to $400m through a London share listing to fund the drilling of 11 planned wells in four countries over the next 18 months. The listing, on the main market of the London Stock Exchange, is planned for July.

Equatorial Guinea | Tanzania
Issue 211 - 21 June 2011

Work starts on Logbaba pipeline

Subscriber

Victoria Oil & Gas has contracted local civil engineering company Austin Maritime to install a pipeline to carry gas from the Logbaba field to industrial customers in Douala (AE 209/15).

Cameroon
Issue 211 - 21 June 2011

Ultra-deep bid round planned

Subscriber

With interest rising as oil companies prepare to drill a series of exploration wells, National Oil Company of Liberia (Nocal) plans to launch a licensing round by year-end for 13 new ultra-deep blocks.

Liberia
Subscriber

Downstream players in East Africa are calling for tax changes to petroleum storage facilities to help prevent product shortages and allow them to operate more efficiently, writes Kimemia Mugo

Kenya
Issue 211 - 21 June 2011

Tullow back at work on Block 1

Subscriber

Stepping up exploration activity following the settlement of its tax dispute with the government, Tullow Oil has announced two oil strikes with the Jobi-East-1 and Mpyo-3 wells in Exploration Area 1.

Uganda
Free

With North Africa in turmoil, the attention of many international oil companies (IOCs) has swung towards the Eastern Mediterranean – an area not unknown for intractable political conflict and instability.

Libya | Algeria
Issue 211 - 21 June 2011

Petroceltic plans gas farm-out

Subscriber

Petroceltic is planning a second farm-out this year following its sale of an 18.375% stake in its Isarène production-sharing contract (PSC) to Italy’s Eni in April (AE 208/12).

Algeria
Issue 211 - 21 June 2011

Eni in PetroSA tie-up

Subscriber

Italy’s Eni has signed a memorandum of understanding (MoU) with state oil and gas company PetroSA, establishing co-operation between the companies both inside and outside South Africa.

South Africa
Issue 210 - 04 June 2011

Upstream pointers: Morocco

Subscriber

Circle expands; Longreach farms into Sidi Moktar

Morocco
Subscriber

The United States Treasury Department’s Office of Foreign Assets Control (Ofac) has lifted sanctions on National Oil Corporation (NOC)’s Benghazi-based subsidiary Arabian Gulf Oil Company (Agoco).

Libya
Subscriber

After a trial shrouded in secrecy, the criminal court in Oran has finally handed down sentences on disgraced Sonatrach president director-general Mohammed Meziane, ex-interim PDG and downstream vice president Abdelhafid Feghouli and three co-defendants, who were accused of misappropriating public funds and short-circuiting the tender process by awarding contracts on a gré-à-gré (directly negotiated) basis.

Algeria
Issue 210 - 04 June 2011

Rialto gets back to work

Subscriber

Perth-based Rialto Energy has announced a resumption of exploration activity offshore Côte d’Ivoire following the inauguration of President Alassane Ouattara and the lifting of European sanctions (AE 209/3).

Côte d'Ivoire
Subscriber

NIGERIA/SAO TOME: JDZ Block 2 extension; RWANDA: Government expects to sign PSA with Vanoil; SIERRA LEONE: Block SL-4 may have new owner

Sierra Leone | São Tomé & Príncipe | Nigeria | Rwanda