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Issue 166 - 04 July 2009

Gasol to monetise Zafiro gas

Subscriber

Equatorial Guinea has moved a step closer to ending the flaring of associated gas from ExxonMobil’s Zafiro field, with a new joint venture agreement between Afren associate Gasol and Sociedad Nacional de Gas GE (Sonagas).

Equatorial Guinea
Issue 166 - 04 July 2009

Maurel & Prom to operate Marine III

Subscriber

France’s Maurel & Prom has signed a memorandum of understanding to increase its stake in the Marine III operating licence.

Congo Brazzaville
Subscriber

The Libyan government’s decision to investigate allegations of impropriety against Canada’s Verenex Energy represents a further strengthening of its hard line on negotiations with international partners.

Libya
Subscriber

The new licensing round announced by the Algerian authorities at the end of June is the first attempt to attract international companies back to the sector since the failure of the previous round in December 2008.

Algeria
Issue 166 - 04 July 2009

CNPC builds new pipeline

Subscriber

China National Petroleum Corporation (CNPC) is building a 311km pipeline to carry crude from the Ronier and Mimosa fields in the Chari-Baguirmi region south of the capital to N’djamena’s new refinery.

Chad
Subscriber

Morocco continues to consider gas supply options, which include building a liquefied natural gas (LNG) regasification plant to allow it to reduce its dependence on offtake through the Maghreb-Europe Gasline (GME) from Algeria to Spain.

Morocco
Free

Critical energy sector developments moved slowly while the presidential election dominated public life. But in a recent flurry of activity, the country has put gas infrastructure investment at the top of its agenda, writes John Hamilton.

Algeria
Free

Royal Dutch Shell has agreed to pay $15.5m to the Ogoni people to settle a long-running court case brought in the United States under the Alien Tort Claims Act.

Nigeria
Issue 165 - 20 June 2009

PetroAsian farms into Ksar Hadada

Subscriber

Ireland’s Petroceltic International plc has won a farm-in on its Ksar Hadada permit from Hong Kong-listed PetroAsian Energy Holdings Ltd.

Tunisia
Subscriber

News that Heritage and Addax seem to have found wealthy suitors, plus a series of share placings, suggest an uptick in the fortunes of junior oil companies as Asian players and some majors look to build their frontier E&P portfolios through mergers and acquisitions, writes Thalia Griffiths.

Uganda
Subscriber

ALGERIA: Saipem contract for gas pipelines; ALGERIA: ABB to work on gas treatment plants; ALGERIA: Airborne gravity survey contract; GHANA: FMC contract for Jubilee development; SOMALIA/REPUBLIC OF SOMALILAND: Bid round extended

Ghana | Somalia | Algeria
Subscriber

Despite the new government’s assurances, Ghana’s lack of preparedness for the arrival of commercial oil from the Jubilee field is becoming a source of concern, writes Our Accra Correspondent

Ghana
Subscriber

All sides are talking about building confidence, but with IOCs fearful that the landmark Petroleum Industry Bill will slash their profits, and Nigerian politicians keen to influence policy across the sector, the timetable for vital energy industry reforms is slipping ever further behind.

Nigeria
Issue 165 - 20 June 2009

Gas find on Block 8

Subscriber

Malaysia’s Petronas and partners have discovered significant amounts of dry, non-associated natural gas in onshore Block 8, south-east of Khartoum.

Sudan
Subscriber

Tullow Oil has said its Kigogole-3 exploration well in the Butiaba region of Block 2 encountered over 20 metres of net oil pay in two separate zones.

Uganda