ENI

Angola, DRC
DRC takes small steps to claw back offshore oil resources from Angola

The Congolese government is choosing to compromise with Luanda by signing agreements of limited scope rather than going to court to assert its rights to its offshore oil resources.

Palace Intrigues
Emmanuel Macron and Andry Rajoelina, Brice Clotaire Oligui Nguema, Gims, Dadju, Chantal Biya

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

MadagascarMacron discreetly calls Rajoelina

GabonOligui Nguema flies Air Omar

CongoENI books Gims and Dadju for private concert

CameroonChantal Biya's highly political birthday bash

The New Guard
Egypt, Ivory Coast, Nigeria

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

EgyptFirst COP youth envoy Omnia El Omrani prepares to hand over

NigeriaAdeleke Alao pleads for rural electricity

Ivory CoastFatoumata Sanogo's plans at head of PETROCI

Nigeria
Abuja agrees to settlement with ENI over OPL 245

The ICSID hearing over the long-running legal saga between Nigeria and ENI was quickly suspended. The country has agreed to discuss an amicable settlement over block OPL 245, more than 12 years after its acquisition.

Namibia
TotalEnergies plays down Orange Basin potential

French major TotalÉnergies, operator of Namibian block 2913B on which it discovered oil in February 2022, communicates very little about the potential of the Orange Basin permit. It would seem on purpose.

Ivory Coast
Foxtrot and Tullow Oil hone their drilling plans

Several operators will be embarking on new offshore drilling campaigns in 2024, while Italy's ENI develops its huge Baleine reserves.

South Africa
TotalEnergies calibrates block 5/6/7 drilling plans

TotalEnergies' path forward on its South African block 5/6/7 is becoming clearer. After securing the necessary environmental authorisations to begin drilling, it has chosen which rig it will drill with.

Libya
TotalEnergies in discussions to extend Waha licence

The French major hopes to enjoy the revenue from the Waha concession for many years to come, but the NOC wants to raise the stakes.

Namibia
ENI to gain clarity on Central Blocks by end of 2023

Italian major ENI is itching to get into the fruitful Namibian oil and gas scene, but will have to wait a bit longer for authorities to decide on permits 2312 et 2412A – also known as the Central Blocks.

Angola
China Sonangol International Holding to exit Block 3/05A

Chinese-Angolan oil company China Sonangol International Holding Limited (CSIHL), which is based in Hong Kong, will shortly leave oil block 3/05A, on Luanda's northern coast.

South Africa
South Africa 2024 election risks new delay to oil law

The future petroleum bill, almost a decade in the making, could be further delayed by 2024 general elections.

Angola
The Lobito Corridor, a golden opportunity for drone surveillance specialists

The handover to new operators of the railway that links Kolwezi in DR Congo to the Angolan port of Lobito offers an opening for infrastructure inspection firms. French start-up ROAV7, already well-established in Central Africa, hopes to get in on the action.

Congo
Omar-Denis Junior Bongo wants to get back in business via broadband

ODJB, who is also the half-brother of ousted Gabonese leader Ali Bongo, is getting his company Yao Corp back off the ground. With two new business partners, he has eyes on a major broadband project in the country.

Congo
Itoua speeds up unambitious hydrocarbons ministry reorganisation

The heads of the ministry's five new departments have now been appointed. Most of the appointments are internal, however, and raise once again the ongoing question of conflicts of interest.

Algeria
TotalEnergies appoints new head in Algiers to boost relations with Sonatrach

With a view to strengthening its rapport with state-owned Sonatrach, CEO Patrick Pouyanné has decided to appoint an experienced figure at the helm of TotalEnergies in Algiers.

Spotlight | Namibia
Suspended Namcor MD Mulunga was victim of company infighting

Namibia's anti-corruption commission has detailed the circumstances which led to the suspension of the managing director of state-owned oil company Namcor in early April. It suggests that his suspension was precipitated by tensions between him and the company's board.