Pride Petroleum Services' forthcoming takeover of Forsasol-Foramer illustrates the drawbacks of France's oil services industry, for which Africa provides 25% of revenue. "Highly effective, firms are nevertheless under-capitalized to carry out all the tasks the market expects of them and [.
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LaSource Development, a joint affiliate of the La Source Compagnie Miniere, BRGM/Normandy, has just been awarded three licences to explore [...]
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Zaire's production of precious minerals stood up well during the first nine months of the year and is unlikely to [...]
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A solution to a dispute that has been growing in recent months between the two owners of the River Ranch [...]
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The Polish group KGMH Polska Miedz and Japan's Mitsubishi have joined the ranks of foreign companies anxious to get into [...]
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Westley Technologies of Vancouver has taken over the Midwinter gold [...]
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Casmyn Corp. has completed the first, $US 12 million phase [...]
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The failure to get the Sierra Rutile mine back into [...]
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De Beers intends to invest $500,000 in exploring for diamonds [...]
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The Australian junior Gallery Resources, in which European companies hold [...]
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The Zambezi Joint Venture set up in April by Anglo [...]
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A consortium of local investors that was formed in Bulawayo [...]
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A seminar on the theme of "mines in Africa: Risks [...]
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AEM understands that Burundi's opposition leader, Leonard Nyangoma, president of [...]
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The North Africa-Europe gas pipeline was due to have entered service on Nov 1 and its inauguration has been fixed [...]
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The chase for semi-submersibles adapted to the deep offshore (there are only 25 specially designed for that in the world) [...]
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There was talk last year of Agip and the Russian group Lukoil taking cross-holdings in their respective assets in North [...]
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Arco's buy-in on a concession that includes the Buzi gas field where Scimitar operates has yet to take place (AEM [...]
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Santa Fe Energy Resources, which already signed an MOU with [...]
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Chevron is finalizing a two year extension of its contract [...]
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Australia's Hardman Resources is seeking joint venture partners so it [...]
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Brasoil has reportedly found a first customer for Petrobras XVI [...]
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The U.S. Eximbank has guaranteed a loan of $86,6 million [...]
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Perenco has taken delivery of the jack-up Tourmaline after purchasing [...]
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Sonangalp is to invest $10 million shortly in four new [...]
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State-owned Soeker has issued a letter of intent to Forasol-Foramer [...]
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Direct foreign investment in North Africa's gas industry will be [...]
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Total has checked the market for a jack-up for a [...]
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The U S firm Andadarko will start shooting seismics on [...]
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The African Development Bank, which has already funded several electricity projects in Uganda, and particularly for Kampala's network, will grant [...]
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Companies pre-qualified for the management franchise after the privatization of [...]
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The government has confirmed its project to privatize 10 state-owned [...]
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The theme chosen for the second annual conference staged by [...]
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Spain has agreed to finance a second high voltage line [...]
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A seminar on the company's role in spurring growth in [...]
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