With presidential elections in February looming ever large, the Nigerian authorities are thinking of acquiring certain choice oil fields put on the auction block by Shell in order to sell them along to their cronies.
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The sale of Shell’s marginal fields in the Niger Delta has whetted the appetites of local traders (see here) but [...]
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Launched in London on Oct. 25, Mozambique’s fifth licensing round seems designed to favour both local firms close to the government and the majors.
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Although legislation on local content isn’t retroactive, some quarters are seeking to impose the bill’s measures on oil companies active before the bill was adopted.
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For failing to raise enough cash to fulfil their commitments, a number of companies are losing their licenses.
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Four former executives of the highly successful explorer Ophir Energy are putting their expertise in Africa and in geology to work in their new equity fund based in Australia.
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New twists are occurring in the saga that pits Summa Energy SA against Simba Energy Inc. on the onshore blocks [...]
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As we reported in our last issue (AEI 732), Exxon was the only company to sign up to explore two [...]
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After the arrival of a new operations chief, Phil Crookall, and a finance director, Peter Heintzelman, the firm T5 Oil [...]
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Despite highly disappointing results on its three wells (Padouck Deep [...]
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According to our sources, the American firm Madagascar Oil submitted [...]
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Because output is continuing to fall (now less than 6000 [...]
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Concentrating on exploring the Atlantic shores like Kosmos Energy (AEI [...]
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After the withdrawal of Ophir Energy in 2012 from the [...]
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After coming up short on Lake Tanganyika in 2013, the French major didn’t lose heart and is now seeking a new license.
The setback experienced by Algeria in its last licensing round when only four of 31 permits on offer found a [...]
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Appointed boss of Tanzania Electric Supply Co (Tanesco) in January, Felichesmi Mramba appears anxious to restore normal relations as quickly [...]
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According to our sources, the oil services and drilling giants [...]
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The cement works of Nigerian billionaire Aliko Dangote near Douala [...]
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The arrival of China National Offshore Oil Exploration Co (CNOOC) [...]
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African Energy Resources joined forces with a fellow miner in hopes of investing more in a power scheme.
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After Rwanda committed itself to the idea, Congo-K has moved to extract methane gas from the Lake Kivu area. Indeed [...]
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After European Union commissioner Andris Piebalgs and Zambian minister Keith Mukata signed an accord concerning a €484 million EU aid [...]
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In a report published in late October, the European Union’s [...]
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Britain’s Ncondezi Energy is abiding by the letter to the [...]
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Although it is in the midst of seeking partners for [...]
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Recently named Of Counsel in the energy and infrastructure department [...]
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