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Subscriber

Offshore oil and gas production is unaffected by the worsening crisis following the presidential election. Aberdeen-based DOF Subsea has just announced a £1m contract for inspection, repair and maintenance services at

Côte d'Ivoire
Subscriber

A 12-year association with Nigerian oil man Prince Arthur Eze has turned Simco Petroleum Management into one of the major dealmakers on the African scene, writes John Hamilton. With nine major farm-out opportunities on its books, including territories from Morocco down to South Africa, Simco Petroleum Management has emerged as one of the major intermediaries putting together deals in the emerging African upstream sector. The company is based in a small suite of offices

Subscriber

The politics are complex and transport routes can be even more difficult than the governance, but European majors are increasingly drawn to Central African upstream plays, often working with Africa-based concerns. This is a response to the Great Lakes region’s exploration success, as well as to the growing volatility of the Maghreb and Middle East, write Thalia Griffiths and John Hamilton

Subscriber

Hoping to reverse the long-term decline in its oil production by licensing prospective new acreage, the Gabon government is putting together plans for a national oil company.

Gabon
Issue 204 - 04 March 2011

BG seeks more acreage

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Having taken a big position offshore Tanzania last year, BG Group is now in negotiations for two blocks in Kenya’s Lamu Basin.

Kenya
Issue 204 - 04 March 2011

Shale gas controversy

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Energy minister Elizabeth Dipuo Peters sought to counter the criticism of shale gas exploration in the Karoo region during a 24 February media briefing in parliament – despite the issue of a Government Notice on 1 February by the Department of Mineral Resources declaring a moratorium on any new technical co-operation agreement, exploration or reconnaissance permits in the Karoo.

South Africa
Issue 204 - 04 March 2011

Fuel panic in Abidjan

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European Union sanctions on outgoing president Laurent Gbagbo have hit crude supplies to Abidjan’s 80,000 b/d Société Ivoirienne de Raffinage oil refinery, which is working at a “minimum” level, according to a spokesman. On 28 February, the government banned the filling of jerrycans at petrol stations, in a bid to prevent fuel hoarding.

Côte d'Ivoire
Subscriber

US independent Anadarko Petroleum has suspended its operations in Côte d’Ivoire as fighting intensifies between supporters of the country’s two rival presidents, but is accelerating its activities in West Africa as a whole

Côte d'Ivoire
Issue 204 - 04 March 2011

Natref contract for Kentz

Subscriber

European Union sanctions on outgoing president Laurent Gbagbo have hit crude supplies to Abidjan’s 80,000 b/d Société Ivoirienne de Raffinage oil refinery, which is working at a “minimum” level, according to a spokesman. On 28 February, the government banned the filling of jerrycans at petrol stations, in a bid to prevent fuel hoarding.

South Africa
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The international companies that worked so hard to obtain major contracts from the Libyan regime, and their diplomatic backers and bankers, now find themselves confronted with an awkward situation. The unspoken rule of many transactions in recent years has been to find a member of the Qadhafi family – or more usually their representatives – to sponsor a deal through the Jamahiriya (State of the Masses)

Libya
Issue 204 - 04 March 2011

Sonatrach delays bid round

Subscriber

To no great industry surprise, state energy giant Sonatrach has told companies that the submission of bids for Algeria’s latest licensing round – the third to be under the control of regulator Agence Nationale pour la Valorisation des Ressources en Hydrocarbures (Alnaft) – has been delayed from 3 March until at least 17 March.

Algeria
Issue 203 - 18 February 2011

Teak well finds oil and gas

Subscriber

Kosmos Energy has announced a hydrocarbon discovery with the Teak-1 well on the West Cape Three Points block. The well, drilled updip and northeast of the Jubilee oil field, encountered oil, gas-condensate and natural gas in multiple pools over a 576-metre interval.

Ghana
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Maersk Oil has agreed to acquire a 15% interest in Block 16 from Devon Energy for an initial payment of $70m, subject to government approval.

Angola
Issue 203 - 18 February 2011

Bidding groups form for Gabon pre-salt

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Several oil majors are putting bids together for the new deep and ultra-deep blocks that will enable Gabon to explore its pre-salt potential. The government announced last November that it was

Gabon
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Despite gloomy predictions of recession, exploration has been buoyed by the high oil price and by Asian demand for gas. East Africa has arrived as a significant hydrocarbons industry play, writes Thalia Griffiths in Kampala

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