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Gabon
GOC scrambles for funds to pre-empt Carlyle assets

Gabonese officials are working on a financial package that would enable them to pre-empt Carlyle's assets and to counter an offer from Maurel & Prom.

Free access Energy 26.01.2024

Angola
Sonangol: Isabel dos Santos indicted for 'defrauding Angolan state'

Angola's attorney general has accused the former head of state oil company Sonangol of a long list of crimes, ranging from embezzlement to money laundering. Her lawyers denounce the claims as a 'conspiracy'.

Subscribers only Energy, Politics 22.01.2024

Isabel dos Santos in New York on 26 September 2018.

Nigeria
Tinubu paves way for businessman Samuel Dossou-Aworet in sale of Shell assets

Shell's announcement of the sale of its Nigerian onshore subsidiary is a sign that President Bola Tinubu has made a break with the policies of his predecessor. The buyer, a consortium led by Samuel Dossou-Aworet, had previously failed to get presidential approval.

Subscribers only Energy 22.01.2024

Gabon
Oligui pressures minister to retake control of Carlyle's oil assets

The Gabonese president has instructed oil minister Marcel Abeke to do all he can to bring in fresh funds and take back control of certain fields. Carlyle's oil assets look to be a key target.

Subscribers only Energy 20.12.2023

Transition President Brice Oligui Nguema in Burundi, 20 October 2023.

Spotlight | Gabon
Traders compete to finance GOC's bid to takeover Carlyle's oil assets

A number of traders are courting state-owned Gabon Oil Co. They want to market the crude oil at stake in US giant Carlyle's sale of its Gabonese assets.

Subscribers only Energy 11.12.2023

An offshore oil rig, off the coast of Port-Gentil in Gabon.

Namibia
Windhoek set to apply to EITI mining transparency body

The international secretariat of the Extractive Industries Transparency Initiative (EITI) in Oslo is expecting to receive an application from Namibia soon.

Subscribers only Energy, Mining 30.11.2023

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.

Subscribers only Energy 20.11.2023

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.

Subscribers only Energy 14.11.2023

Nigeria
Tinubu knocks on AfDB door in search of foreign currency

The Nigerian president, faced with the continuing devaluation of his country's currency, is forced to borrow from both public and private lenders. After the World Bank, he is now turning to the African Development Bank.

Subscribers only Finance 13.11.2023

Nigeria’s president Bola Ahmed Tinubu in Abuja on 29 October 2023.

South Africa
Ramaphosa prepares major reorganisation of mining and energy portfolios

South Africa's head of state plans to reform his ministries after the 2024 presidential election, cutting down on work duplication and improving efficiency in the face of the energy crisis by creating separate ministries for mining and energy and abolishing the portfolio of state-owned companies.

Subscribers only Energy 08.11.2023

Minister of Electricity Kgosientsho Ramokgopa, and Minister of Energy Gwede Mantashe, at the South African Parliament in May 2023.

Gabon
New regime prepares to pre-empt Carlyle's oil assets

Until recently, Maurel & Prom was the best-placed bidder for US investment group Carlyle's Gabonese oil interests, but the new regime in Libreville is working on an alternative all-Gabonese takeover plan.

Subscribers only Energy 06.11.2023

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.

Subscribers only Energy 01.11.2023

Namibia
Former Namcor boss about to find out if he is to be reinstated or not

Immanuel Mulunga, the managing director of Namibian national oil company Namcor who was sanctioned suddenly last April, still does not know what his fate will be.

Subscribers only Energy 30.10.2023

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.

Subscribers only Energy 23.10.2023

Spotlight | Gabon
Maurel & Prom rivals hope for post-coup reallocation of Carlyle assets

The new regime in Libreville will need to give its verdict on the planned sale of Carlyle's oil assets in Gabon to Maurel & Prom. Ali Bongo's government did not formally approve the deal and some disappointed parties believe they have an opportunity to get back into the running.

Subscribers only Energy 19.10.2023

Angola, Ivory Coast
Sonangol struggles to withdraw from Ivory Coast

The Angolan oil company wants to sell its 20% stake in Société Ivoirienne de Raffinage (SIR). The Ivorian state, SIR's majority shareholder, hopes to buy the shares but negotiations are complex. The matter is being handled directly by President Alassane Ouattara.

Subscribers only Energy, Southern Africa and islands 17.10.2023

Nigeria
Seplat founder banks on buying assets from TotalEnergies and Equinor to revive his career

French oil major TotalEnergies is reportedly on the verge of selling part of its Nigerian oil assets. The former CEO of Seplat, Austin Avuru, is in pole position to acquire them.

Subscribers only Energy 09.10.2023

Gabon
General Oligui Nguema puts his people in key positions

The transitional president carried out sweeping new administrative appointments in late September, surrounding himself with military personnel, figures from Haut-Ogooué and Woleu-Ntem provinces and a handful of Bongo family members.

Subscribers only Politics 06.10.2023

The head of the junta, General Brice Oligui Nguema, in Libreville, Gabon, on 4 September 2023.

Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

The president's 19 September decision to transfer 17 major government assets, including shares in Kuvimba, Defold and Hwange Colliery, to the Mutapa sovereign wealth fund has sparked general outcry in Harare. Moreover, the fund can now make foreign transactions without prior approval.

Subscribers only Finance, Mining 03.10.2023

Zimbabwean president Emmerson Mnangagwa.

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.

Subscribers only Energy 02.10.2023

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

Senegal
Guns and oil drive Russia's Dakar courtship

Shell

Gabon
GOC scrambles for funds to pre-empt Carlyle assets

Angola
Sonangol: Isabel dos Santos indicted for 'defrauding Angolan state'

Nigeria
Tinubu paves way for businessman Samuel Dossou-Aworet in sale of Shell assets

Gabon
Oligui pressures minister to retake control of Carlyle's oil assets

Spotlight | Gabon
Traders compete to finance GOC's bid to takeover Carlyle's oil assets

Namibia
Windhoek set to apply to EITI mining transparency body

Nigeria
Abuja agrees to settlement with ENI over OPL 245

Namibia
TotalEnergies plays down Orange Basin potential

Nigeria
Tinubu knocks on AfDB door in search of foreign currency

South Africa
Ramaphosa prepares major reorganisation of mining and energy portfolios

Gabon
New regime prepares to pre-empt Carlyle's oil assets

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

Namibia
Former Namcor boss about to find out if he is to be reinstated or not

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

Spotlight | Gabon
Maurel & Prom rivals hope for post-coup reallocation of Carlyle assets

Angola, Ivory Coast
Sonangol struggles to withdraw from Ivory Coast

Nigeria
Seplat founder banks on buying assets from TotalEnergies and Equinor to revive his career

Gabon
General Oligui Nguema puts his people in key positions

Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

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

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About Africa Intelligence

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Indigo Publications' websites

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

Senegal Guns and oil drive Russia's Dakar courtship

Kinshasa's pan-African plans for Grand Inga

Cabo Delgado: a gas Eldorado and security nightmare

East Africa's hotly contested coffee sector

Shell

Gabon GOC scrambles for funds to pre-empt Carlyle assets

Angola Sonangol: Isabel dos Santos indicted for 'defrauding Angolan state'

Nigeria Tinubu paves way for businessman Samuel Dossou-Aworet in sale of Shell assets

Gabon Oligui pressures minister to retake control of Carlyle's oil assets

Spotlight | Gabon Traders compete to finance GOC's bid to takeover Carlyle's oil assets

Namibia Windhoek set to apply to EITI mining transparency body

Nigeria Abuja agrees to settlement with ENI over OPL 245

Namibia TotalEnergies plays down Orange Basin potential

Nigeria Tinubu knocks on AfDB door in search of foreign currency

South Africa Ramaphosa prepares major reorganisation of mining and energy portfolios

Gabon New regime prepares to pre-empt Carlyle's oil assets

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

Namibia Former Namcor boss about to find out if he is to be reinstated or not

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

Spotlight | Gabon Maurel & Prom rivals hope for post-coup reallocation of Carlyle assets

Angola, Ivory Coast Sonangol struggles to withdraw from Ivory Coast

Nigeria Seplat founder banks on buying assets from TotalEnergies and Equinor to revive his career

Gabon General Oligui Nguema puts his people in key positions

Zimbabwe Mnangagwa transfers opaque statal mining assets to the sovereign fund

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

Refine your search

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

Gabon
GOC scrambles for funds to pre-empt Carlyle assets

Angola
Sonangol: Isabel dos Santos indicted for 'defrauding Angolan state'

Nigeria
Tinubu paves way for businessman Samuel Dossou-Aworet in sale of Shell assets

Gabon
Oligui pressures minister to retake control of Carlyle's oil assets

Spotlight | Gabon
Traders compete to finance GOC's bid to takeover Carlyle's oil assets

Namibia
Windhoek set to apply to EITI mining transparency body

Nigeria
Abuja agrees to settlement with ENI over OPL 245

Namibia
TotalEnergies plays down Orange Basin potential

Nigeria
Tinubu knocks on AfDB door in search of foreign currency

South Africa
Ramaphosa prepares major reorganisation of mining and energy portfolios

Gabon
New regime prepares to pre-empt Carlyle's oil assets

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

Namibia
Former Namcor boss about to find out if he is to be reinstated or not

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

Spotlight | Gabon
Maurel & Prom rivals hope for post-coup reallocation of Carlyle assets

Angola, Ivory Coast
Sonangol struggles to withdraw from Ivory Coast

Nigeria
Seplat founder banks on buying assets from TotalEnergies and Equinor to revive his career

Gabon
General Oligui Nguema puts his people in key positions

Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

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