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DRC
Sonahydroc fears competition for Ango-Ango pipelines concession contract

The concession contract for the Ango-Ango pipelines, a key infrastructure for the supply of petroleum products to west DRC, ends in 2025 and is already sparking interest from several actors. [...]

Published on 04/12/2023 at 05:40 GMT Reading time 2 minutes

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Energy

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DRC
Bruno Tshibala
Cobil
Didier Budimbu
Engen
Felix Tshisekedi
Fina Log
Kenya Pipeline Co
Sep Congo
Sonahydroc
SPSA-Cobil
TotalEnergies DRC
Translog

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The managing director's salary has jumped from $9,000 to $12,000 per month.

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Sonahydroc concerned about Oil Minister Didier Budimbu's support for rival Cobil

The Congolese state-owned oil firm Sonahydroc's fears that its rival Cobil has the favours of the oil ministry keep growing.

Subscribers only Energy 05.03.2024

DRC
UBA extends new $65m credit line to Sonahydroc

United Bank for Africa has renewed its financing for the DRC state-owned oil company, but halved the amount it is providing. The funds could be used to purchase petroleum products from Angola's Sonangol.

Subscribers only Finance, Energy 08.02.2024

DRC
Kinshasa goes all out to end tiff with Engen

Kinshasa has pulled out all the stops to resolve its squabble with Engen over the South African oil company's subsidiary in DR Congo. The firm was irked by manoeuvres by the Congolese state - a minority shareholder in the subsidiary - to take control.

Subscribers only Energy, Politics 03.01.2024

DRC President Felix Tshisekedi (R) in Beijing, China, 26 May 2023.

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Engen sails into sea of troubles in DRC

The South African oil company is facing a bid by the Congolese state and relatives of the president to take control of its subsidiary. The managing director of Engen DRC has been dismissed and its shareholders are at daggers drawn.

Subscribers only Energy 14.12.2023

DRC
Sonahydroc CEO summoned by security chief Esambo

The CEO of the Congolese state-owned oil company Sonahydroc, Marcellin Bilomba, has just been called to appear before Jean-Louis Esambo Kangashe, head of the National Security Council.

Subscribers only Energy 07.12.2023

DRC
DRC's Tshisekedi delays decision on who will take over Gertler's former oil blocks

The Congolese president is keen to delay the selection process for new operators of oil blocks 1 and 2 on Lake Albert, where majors including TotalEnergies had previously positioned themselves, with junior companies now also in the running.

Subscribers only Energy 14.11.2023

DRC president, Félix Tshisekedi, at Rotterdam, in the Netherlands, the 4 September 2022.

DRC
Security chief Bukasa gets worked up over Omani oil deal

Tshisekedi's security adviser is pressuring the minister of portfolio Adèle Kahinda Mayina to ensure that a petroleum product supply contract with United International is implemented.

Subscribers only Energy 19.07.2023

Spotlight | DRC, Tanzania, Uganda
Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

The president of DRC is pushing for his country to have a stake in the East African Crude Oil Pipeline (EACOP) through which Uganda's plans to export via Tanzania, despite the fact no crude oil has been discovered on the Congolese side of Lake Albert.

Subscribers only Energy, Politics, Diplomacy 16.05.2023

President of Democratic Republic of Congo Felix Tshisekedi shakes hands with Uganda's President Yoweri Museveni in Entebbe, Uganda, on the 9th of November 2019.

Spotlight | Africa
Nicolas Sarkozy, Betclic's high-powered sales rep in Africa

The former French leader has for the last year been discreetly promoting the African interests of the online betting giant Betclic, which is run by his friend and business partner Stéphane Courbit. Sarkozy's calling card is his own 2010 reform of the gambling sector in France.

Subscribers only Business 04.05.2023

Former French president Nicolas Sarkozy and Ivory Coast's president Alassane Ouattara.

Spotlight | DRC
Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

The oil blocks on the Congolese side of Lake Albert, long held by Israeli billionaire Gertler, are back on the market. Kinshasa is in confidential talks with the Chinese major CNOOC.

Subscribers only Energy 19.04.2023

DRC President Felix Tshisekedi, 22 September 2022.

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Bruno Tshibala
Cobil
Didier Budimbu
Engen
Felix Tshisekedi
Fina Log
Kenya Pipeline Co
Sep Congo
Sonahydroc
SPSA-Cobil
TotalEnergies DRC
Translog

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DRC
Sonahydroc fears competition for Ango-Ango pipelines concession contract

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Indigo Publications' websites

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DRC Sonahydroc fears competition for Ango-Ango pipelines concession contract

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Set up email notifications for these topics

DRC Sonahydroc union uproar over boardroom pay

DRC Sonahydroc concerned about Oil Minister Didier Budimbu's support for rival Cobil

DRC UBA extends new $65m credit line to Sonahydroc

DRC Kinshasa goes all out to end tiff with Engen

Spotlight | DRC Engen sails into sea of troubles in DRC

DRC Sonahydroc CEO summoned by security chief Esambo

DRC DRC's Tshisekedi delays decision on who will take over Gertler's former oil blocks

DRC Security chief Bukasa gets worked up over Omani oil deal

Spotlight | DRC, Tanzania, Uganda Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

Spotlight | Africa Nicolas Sarkozy, Betclic's high-powered sales rep in Africa

Spotlight | DRC Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

DRC
Sonahydroc fears competition for Ango-Ango pipelines concession contract

DRC
Sonahydroc union uproar over boardroom pay

DRC
Sonahydroc concerned about Oil Minister Didier Budimbu's support for rival Cobil

DRC
UBA extends new $65m credit line to Sonahydroc

DRC
Kinshasa goes all out to end tiff with Engen

Spotlight | DRC
Engen sails into sea of troubles in DRC

DRC
Sonahydroc CEO summoned by security chief Esambo

DRC
DRC's Tshisekedi delays decision on who will take over Gertler's former oil blocks

DRC
Security chief Bukasa gets worked up over Omani oil deal

Spotlight | DRC, Tanzania, Uganda
Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

Spotlight | Africa
Nicolas Sarkozy, Betclic's high-powered sales rep in Africa

Spotlight | DRC
Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks