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Subscriber

IOCs and consumer governments are indulging in intense speculation about Gazprom’s Nigerian love-in, with indications that Moscow might also revive co-operation with Algeria and invest big in several other African gas plays.

Nigeria | Algeria
Issue 135 - 28 March 2008

SOCO takes eastern block

Subscriber

Dominion Petroleum and SOCO International have agreed a production-sharing contract for Block 5 in the southern Albertine Graben adjacent to the border with Uganda (AE 133/15).

DR Congo
Subscriber

President Jakaya Kikwete has given his support for plans by Artumas Group to export compressed natural gas to Kenya, signalling an apparent change of heart by the Tanzanian government.

Kenya | Tanzania
Subscriber

CONGO-B: Marine XI farm-out brings in Vietnamese; MAURITANIA: Khop well spuds; TUNISIA: Vietnamese take two blocks; TUNISIA: DualEx enters with Bouhajla stake

Mauritania | Congo Brazzaville | Tunisia
Issue 134 - 07 March 2008

Afren takes onshore gas blocks

Subscriber

Afren plc has signed production-sharing contracts for OPLs 917 and 907 in the Anambra Basin as part of its strategy to commercialise stranded gas assets.

Gabon
Subscriber

A flurry of deals, some confirmed some still speculative, suggests that a lengthy hiatus in the development of Libya’s downstream sector may have broken, writes John Hamilton.

Libya
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A $200m naira-linked loan for Nigerian energy player Oando has set a series of benchmarks, writes Kevin Godier.

Nigeria
Issue 134 - 07 March 2008

Anguille redevelopment

Subscriber

Total Gabon has begun redeveloping the Anguille field, which began producing in 1966, as part of a country-wide programme to appraise and redevelop existing fields to enhance recovery and slow down the natural decline in output.

Gabon
Subscriber

Cobalt International: Gabon farm in and other plays; HERITAGE: Jersey move; NATIONAL OILWELL VARCO: Joint venture

Gabon
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Since his appointment in November, the new TFG premier has been silent about his energy policies, but in the next few weeks all could be revealed with speculation that a long-awaited oil agreement between Somalia and the breakaway Puntland could be announced.

Somalia
Issue 134 - 07 March 2008

Mixed news from Tullow Oil

Subscriber

The Odum well on the West Cape Three Points licence offshore Ghana has found a commercial light oil accumulation separate from the Jubilee field (AE 132/12). The discovery is a stratigraphic trap in a Campanian age fan system and opens a second new play fairway in the Tano Basin, Tullow said, adding that further prospectivity in this new Campanian play had already been identified in both

Ghana
Subscriber

Sonatrach has secured a revised deal with Norway’s StatoilHydro that underlines the Algerian state company’s determination to build up a much greater international profile by working in tandem with IOC partners, with a 1 March agreement to extend a liquefied natural gas (LNG) supply accord and give it access to a US east coast regasification terminal.

Algeria
Subscriber

Presidential advisor Rilwanu Lukman used CWC Associates' Nigeria Oil & Gas Conference 2008 to set out his stall for the reforms the Yar'Adua administration is piloting through the political system - while not revealing all the goodies he is trying to sell Nigeria and the global industry, as outlined in the draft programme seen by African Energy and reported in.

Nigeria
Subscriber

Agreeing to a higher price for gas sold by IOCs to the government should improve production capacity as companies are encouraged to invest, but it will also increase Egypt’s spiralling subsidy bill, writes Nadine Marroushi.

Libya
Subscriber

Energy and Mines Minister Chakib Khelil has considerably added to the complexity of the planned licensing round, to be run for the first time by regulator Agence Nationale pour la Valorisation des Ressources en Hydrocarbures (Alnaft), by announcing via a Financial Times interview that for some blocks at least bidders will be required to “swap assets” to gain access to attractive acreage (AE 131/17).

Algeria