Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Africa
Statoil fresh out of a future on the continent

The Norwegian major, comfortably seated in its three long-standing bases - Algeria, Nigeria and Angola -, has been unable to find a solution to its freefalling output. [...]

Published on 22/05/2018 at 04:30 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Energy

Set up email notifications for these topics

BP
Chevron
Cobalt
ExxonMobil
Jakaya Kikwete
John Magufuli
OK Energy
Ophir Energy
Shell
Sonatrach
Statoil
Total

Tanzania
LNG: Shell/Equinor fail to secure extension and lose rights

With a political environment unpropitious for investment in the gas sector, the two oil firms have lost nearly all of their rights after failing to secure extensions to their blocks.

Subscribers only Energy 15.01.2019

Africa
Impact Oil & Gas puts lawyer Siraj Ahmed in charge

With business on a roll, British junior Impact Oil & Gas has kept things simple by naming its general counsel [...]

Subscribers only Energy 16.10.2018

Tanzania
With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Dar es Salaam's threats to do away with international arbitration could see the back of major oil & gas firms.

Subscribers only Energy 02.10.2018

Algeria
Sonatrach: paradigm shift in trading

Sonatrach boss Abdelmoumene Ould Kaddour's plan to create a trading [...]

Subscribers only Energy 04.09.2018

Angola
Could Equinor pull off a grand slam in offshore?

Norway's Equinor (formerly Statoil) has been struggling of late to stem its rapidly falling production on the continent (AEI 817) [...]

Free access Energy 03.07.2018

Algeria
ExxonMobil back in the running for Hassi Messaoud

As preparations for the new oil law get underway, the American major is planning its moves for 2019.

Subscribers only Energy 22.05.2018

Nigeria
Statoil and Chevron pressure NNPC over Agbami debt

The majors have asked a US court to force NNPC to pay out $1 billion in overpayments on OML 128 where the prolific Agbami field is located.

Subscribers only Energy 03.04.2018

Angola
Statoil and ENI circle around Cobalt's blocks

While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812), [...]

Subscribers only Energy 03.04.2018

Spotlight | Mozambique
Government's waiting game wears down majors' patience

Two years after the vast call for tenders launched with great pomp by the Instituto Nacional de Petroleo (INP), the majors that had been awarded a block have become completely disillusioned with the whole affair.

Subscribers only Energy 20.02.2018

Angola
Cash-stripped Lourenco gives all to majors

With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]

Subscribers only Energy 19.12.2017

Angola
Majors invited to have a hand in oil fiscal reform

Working alongside Sonangol and the Angolan government, majors BP, Chevron, ENI, Total, Statoil and Exxon have 30 days to define the new financial and fiscal strategy for the country's oil sector.

Subscribers only Energy 24.10.2017

Spotlight | Africa
American major ExxonMobil wants a finger in every pie

Flying in the face of low crude prices, over the past few months ExxonMobil has been on a spending spree across Africa picking up a string of new acquisitions. New boss Darren Woods' arrival in January doesn't seem to have [.

Subscribers only Energy 27.06.2017

Spotlight | Tanzania
Shell poised to become the leading gas player

The Anglo-Dutch major Royal Dutch/Shell is expected to gain a prime position in Tanzania's gas sector, whether it be in the country's southern offshore or around Zanzibar. The reason is simple enough: the prospects arising out of its acquisition of [.

Subscribers only Energy 13.10.2015

Spotlight | Tanzania
New TPDC managing director faces Herculean task

With less than five months to go before Tanzania's presidential election, James Mataragio, the new boss of Tanzania Petroleum Development Corp (TPDC) has thrown himself into an uphill battle to both prod his company into launching exploration on its own [.

Subscribers only Energy 19.05.2015

Spotlight | Somalia
From civil war to squabbling over oil

The prospect that conditions conducive to searching for oil in Somalia are returning has resulted in a variety of initiatives. And this despite the fact that the civil war against the Al Shabaab Islamists has not yet been won, even [.

Free access Politics 06.07.2012

Algeria
A New Private Investor

Among companies pre-qualified for a new licensing round in Algeria figures a private Algerian group with no oil industry experience.

Subscribers only Energy 29.07.2008

Set up email notifications for these topics

BP
Chevron
Cobalt
ExxonMobil
Jakaya Kikwete
John Magufuli
OK Energy
Ophir Energy
Shell
Sonatrach
Statoil
Total

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Africa
Statoil fresh out of a future on the continent

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Tanzania
LNG: Shell/Equinor fail to secure extension and lose rights

Africa
Impact Oil & Gas puts lawyer Siraj Ahmed in charge

Tanzania
With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Algeria
Sonatrach: paradigm shift in trading

Angola
Could Equinor pull off a grand slam in offshore?

Algeria
ExxonMobil back in the running for Hassi Messaoud

Nigeria
Statoil and Chevron pressure NNPC over Agbami debt

Angola
Statoil and ENI circle around Cobalt's blocks

Spotlight | Mozambique
Government's waiting game wears down majors' patience

Angola
Cash-stripped Lourenco gives all to majors

Angola
Majors invited to have a hand in oil fiscal reform

Spotlight | Africa
American major ExxonMobil wants a finger in every pie

Spotlight | Tanzania
Shell poised to become the leading gas player

Spotlight | Tanzania
New TPDC managing director faces Herculean task

Spotlight | Somalia
From civil war to squabbling over oil

Algeria
A New Private Investor

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo The secrets of Demex, the trader selling Russian oil in West Africa

African Union: the battle of the giants

West African cocoa cartel battles with the traders

The generals waging war from Khartoum to Darfur

Africa Statoil fresh out of a future on the continent

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Tanzania LNG: Shell/Equinor fail to secure extension and lose rights

Africa Impact Oil & Gas puts lawyer Siraj Ahmed in charge

Tanzania With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Algeria Sonatrach: paradigm shift in trading

Angola Could Equinor pull off a grand slam in offshore?

Algeria ExxonMobil back in the running for Hassi Messaoud

Nigeria Statoil and Chevron pressure NNPC over Agbami debt

Angola Statoil and ENI circle around Cobalt's blocks

Spotlight | Mozambique Government's waiting game wears down majors' patience

Angola Cash-stripped Lourenco gives all to majors

Angola Majors invited to have a hand in oil fiscal reform

Spotlight | Africa American major ExxonMobil wants a finger in every pie

Spotlight | Tanzania Shell poised to become the leading gas player

Spotlight | Tanzania New TPDC managing director faces Herculean task

Spotlight | Somalia From civil war to squabbling over oil

Algeria A New Private Investor

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Africa
Statoil fresh out of a future on the continent

Tanzania
LNG: Shell/Equinor fail to secure extension and lose rights

Africa
Impact Oil & Gas puts lawyer Siraj Ahmed in charge

Tanzania
With all arbitral avenues blocked, will Shell and Statoil give up on LNG?

Algeria
Sonatrach: paradigm shift in trading

Angola
Could Equinor pull off a grand slam in offshore?

Algeria
ExxonMobil back in the running for Hassi Messaoud

Nigeria
Statoil and Chevron pressure NNPC over Agbami debt

Angola
Statoil and ENI circle around Cobalt's blocks

Spotlight | Mozambique
Government's waiting game wears down majors' patience

Angola
Cash-stripped Lourenco gives all to majors

Angola
Majors invited to have a hand in oil fiscal reform

Spotlight | Africa
American major ExxonMobil wants a finger in every pie

Spotlight | Tanzania
Shell poised to become the leading gas player

Spotlight | Tanzania
New TPDC managing director faces Herculean task

Spotlight | Somalia
From civil war to squabbling over oil

Algeria
A New Private Investor