Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Nigeria
Only three remain for OML 29

The Glencore trading group has pulled out of the bidding for OML 29 that Shell put up for sale. [...]

Published on 08/04/2014 at 11:00 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

Anthony Chukwueke
Energy Equity Resources
Glencore
IS45
Nestoil
Olusegun Obasanjo
SacOil
Seplat
Shell
Taleveras
Tony Elumu
Transcorp
United Bank of Africa

Africa
Several desert SacOil’s board despite firm’s recovery

SacOil’s impressive financial rebound this year - it posted a [...]

Subscribers only Energy 04.10.2016

Nigeria
EERNL puts its revenue in hock to pay off SacOil

Energy Equity Resources Norway (EERNL), the parent company of EER Nigeria, has made an arrangement with SacOil Holdings to pay back its debt.

Subscribers only Energy 14.04.2015

Nigeria
SacOil kicks of seismics

The South African explorer SacOil Holdings headed by the former [...]

Subscribers only Energy 21.10.2014

Nigeria
OML 29’s moment of truth

The traders Taleveras and IS45 were normally due this week [...]

Subscribers only Energy 24.06.2014

Nigeria
Parliamentary probe into OML 29

With Shell poised to finalize the sale of its stakes on OML 29, Nigeria’s Parliament is looking into what lies behind the deal.

Subscribers only Energy 10.06.2014

Nigeria
Finishing line in sight for Shell

The Anglo-Dutch major is hard at work completing the sale of its stakes on OPL 18, 24 , 25 and 29 although some questions remain unanswered.

Subscribers only Energy 29.04.2014

Nigeria
Taleveras does its sums

Having submitted the best bid to acquire Shell’s share on [...]

Subscribers only Energy 25.03.2014

Nigeria
The short list for OML 29

Two groups have been pre-qualified to compete for Shell's stake on the highly prolific OML 29. Each offered over $2 billion.

Subscribers only Energy 25.03.2014

Nigeria
Suspense increases over Shell’s sell-off

Shell received the financial offers for its stakes on OML [...]

Subscribers only Energy 11.03.2014

Nigeria
A hardy first venture for L1

Founded less than a year ago, the L1 Energy fund of Russian oligarch Mikhail Fridman looks set to undertake its first African operation - in the Niger Delta.

Subscribers only Energy 25.02.2014

Nigeria
Three winners in Chevron sell-off

Still stalled by an injunction by Brittania U, the sale of Chevron's stakes has been completed with three companies rather than just one.

Subscribers only Energy 28.01.2014

Nigeria
Gold seal of approval for 7 Energy

The favourite sub-contractor of state-owned NNPC, Nigeria’s oil services group Seven Energy will soon see the International Finance Corp., private investment arm of the World Bank, buy a stake in its business.

Subscribers only Energy 14.01.2014

Nigeria
Chevron signs with Seplat

In the end, Chevron has chosen to sell its licenses in the Niger Delta to Seplat instead of Brittania-U. But a legal injunction has added complications to the transaction.

Subscribers only Energy 14.01.2014

Nigeria
First shortlist for Shell auction

Considered the most promising asset put up for sell by Shell, OML 29 has drawn four bids that the company deems interesting.

Subscribers only Energy 10.12.2013

Nigeria
Former executives eye E&P venture

Future auctions of marginal fields in Nigeria could well attract former executives of oil majors who are keen on starting up their own businesses. And their moves will be watched by certain would-be foreign partners.

Subscribers only Energy 10.12.2013

Nigeria
Auction drums up $2 billion

The latest auction of Shell’s stakes in the Niger Delta [...]

Subscribers only Energy 26.11.2013

Nigeria
A field for the king of Nembe

Flaunting his title as king of Nembe, a former oil adviser to Olusegun Obasanjo is trying to buy an oil field from Shell that lies on his community's territory.

Subscribers only Energy 26.11.2013

Nigeria
Brittania-U strapped for cash

Advised by First Bank (AEI 709), the Nigerian oil company [...]

Subscribers only Energy 12.11.2013

Nigeria
Twenty line up for Shell

A second sell-off of Shell's assets in the Niger Delta, [...]

Subscribers only Energy 29.10.2013

Nigeria
The winner of Chevron’s assets..

BNP Paribas chose the two best bids for three of the five fields Chevron has put up for sale in the Niger Delta.

Subscribers only Energy 15.10.2013

Nigeria
Abdegbulugbe’s private sell-off

Former energy adviser to Olusegun Obasanjo, Anthony Adegbulugbe is selling off part of licenses he was awarded without competitive bidding in 2011, to Abuja’s displeasure.

Subscribers only Energy 15.10.2013

Set up email notifications for these topics

Anthony Chukwueke
Energy Equity Resources
Glencore
IS45
Nestoil
Olusegun Obasanjo
SacOil
Seplat
Shell
Taleveras
Tony Elumu
Transcorp
United Bank of Africa

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!

Senegal
Guns and oil drive Russia's Dakar courtship

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

Nigeria
Only three remain for OML 29

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

Africa
Several desert SacOil’s board despite firm’s recovery

Nigeria
EERNL puts its revenue in hock to pay off SacOil

Nigeria
SacOil kicks of seismics

Nigeria
OML 29’s moment of truth

Nigeria
Parliamentary probe into OML 29

Nigeria
Finishing line in sight for Shell

Nigeria
Taleveras does its sums

Nigeria
The short list for OML 29

Nigeria
Suspense increases over Shell’s sell-off

Nigeria
A hardy first venture for L1

Nigeria
Three winners in Chevron sell-off

Nigeria
Gold seal of approval for 7 Energy

Nigeria
Chevron signs with Seplat

Nigeria
First shortlist for Shell auction

Nigeria
Former executives eye E&P venture

Nigeria
Auction drums up $2 billion

Nigeria
A field for the king of Nembe

Nigeria
Brittania-U strapped for cash

Nigeria
Twenty line up for Shell

Nigeria
The winner of Chevron’s assets..

Nigeria
Abdegbulugbe’s private sell-off

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

Senegal Guns and oil drive Russia's Dakar courtship

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

West African cocoa cartel battles with the traders

Africa in the Russia-Ukraine war

East Africa's hotly contested coffee sector

Nigeria Only three remain for OML 29

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

Africa Several desert SacOil’s board despite firm’s recovery

Nigeria EERNL puts its revenue in hock to pay off SacOil

Nigeria SacOil kicks of seismics

Nigeria OML 29’s moment of truth

Nigeria Parliamentary probe into OML 29

Nigeria Finishing line in sight for Shell

Nigeria Taleveras does its sums

Nigeria The short list for OML 29

Nigeria Suspense increases over Shell’s sell-off

Nigeria A hardy first venture for L1

Nigeria Three winners in Chevron sell-off

Nigeria Gold seal of approval for 7 Energy

Nigeria Chevron signs with Seplat

Nigeria First shortlist for Shell auction

Nigeria Former executives eye E&P venture

Nigeria Auction drums up $2 billion

Nigeria A field for the king of Nembe

Nigeria Brittania-U strapped for cash

Nigeria Twenty line up for Shell

Nigeria The winner of Chevron’s assets..

Nigeria Abdegbulugbe’s private sell-off

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

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

Nigeria
Only three remain for OML 29

Africa
Several desert SacOil’s board despite firm’s recovery

Nigeria
EERNL puts its revenue in hock to pay off SacOil

Nigeria
SacOil kicks of seismics

Nigeria
OML 29’s moment of truth

Nigeria
Parliamentary probe into OML 29

Nigeria
Finishing line in sight for Shell

Nigeria
Taleveras does its sums

Nigeria
The short list for OML 29

Nigeria
Suspense increases over Shell’s sell-off

Nigeria
A hardy first venture for L1

Nigeria
Three winners in Chevron sell-off

Nigeria
Gold seal of approval for 7 Energy

Nigeria
Chevron signs with Seplat

Nigeria
First shortlist for Shell auction

Nigeria
Former executives eye E&P venture

Nigeria
Auction drums up $2 billion

Nigeria
A field for the king of Nembe

Nigeria
Brittania-U strapped for cash

Nigeria
Twenty line up for Shell

Nigeria
The winner of Chevron’s assets..

Nigeria
Abdegbulugbe’s private sell-off