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Issue 196 - 23 October 2010

VOG upgrades Logbaba reserves estimate

Subscriber

A new reserves review for Victoria Oil & Gas has doubled the proven and probable (2P) reserves for the Logbaba field beneath Douala.

Cameroon
Subscriber

The Joint Development Authority (JDA) has approved a six-month extension of exploration phase I in blocks 3 and 4 of the Nigeria-São Tomé Joint Development Zone, enabling the companies involved to complete the studies needed for further exploration (AE 194/14).

São Tomé & Príncipe | Nigeria
Issue 195 - 09 October 2010

Refinery, oil terminal plans

Subscriber

The Ministry of Mines, Industry and Energy has selected KBR to provide conceptual design and project management services for the Mbini refinery.

Equatorial Guinea
Issue 195 - 09 October 2010

No change to terms for bid round

Subscriber

The Ministry of Energy and Mines is already quietly downgrading expectations for the outcome of Agence Nationale pour la Valorisation des Ressources en Hydrocarbures (Alnaft)’s third licensing round (AE 193/10).

Algeria
Issue 195 - 09 October 2010

Beneficial interests at heart of Jubilee

Free

Ghana’s Jubilee oilfield has been plagued by allegations of corruption dating back to beneficial ownership of companies granted licences to work on the giant oil block

Ghana
Subscriber

Resource hungry China has given Ghana a $15bn package of loans for energy and other infrastructure, raising fresh expectations that Kosmos’ Jubilee stake will end up in Chinese hands

Ghana
Issue 195 - 09 October 2010

Wade gives energy portfolio to his son

Subscriber

President Abdoulaye Wade has sacked energy minister Samuel Sarr and given the job to his son Karim after street protests over the latest wave of load shedding.

Senegal
Subscriber

With BP set to drill even deeper than the ill-fated Macondo well in the Gulf of Mexico, scientists fear ancient Greek and Roman remains and coastal ecology could be damaged, writes John Hamilton

Libya
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Sonatrach has started awarding contracts for key projects again after a year of paralysis caused by corruption investigations and management changes

Algeria
Issue 195 - 09 October 2010

Taoudeni talk boosts Mauritania, Mali

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Industry sources say Total may have made a major gas find in the Taoudeni Basin, which stretches across Mauritania and Mali.

Mauritania | Mali
Free

Confident of first gas by year-end, VOG is looking to its Logbaba project to fund expansion in West Africa and the former Soviet Union

Cameroon
Free

Electricity production and consumption are projected to rise sharply in Creg’s latest forecast, pointing to a further spate of new-build, predominantly gas-fired power plants being ordered in the next decade. Even so, the Algerian regulator is projecting a slower increase in gas demand than was previously forecast.

Algeria
Free

Traders’ concern over payments delays have made NNPC’s fuel importing arm a heavily insured entity on the single-risk insurance markets.

Nigeria
Subscriber

Move by the US major puts a couple of small players in an enviable position in one of the West Coast Transform Margin’s emerging E&P plays, writes Thalia Griffiths

Liberia
Issue 194 - 25 September 2010

Swapo factions in power struggle for Namcor

Subscriber

The often murky world of products trading has sucked in the former freedom fighters of Namibia’s ruling party, with a power struggle between rival factions for control of Namcor, writes Our Windhoek Correspondent

Namibia