Founded in 1999, Eskom Enterprises (EE), the international arm of the South African utility Eskom, has made a lightning advance across the continent in just three short years.
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Africa Energy Intelligence indicated when a merger between two Canadian firms PanCanadian and Alberta Energy recently led to the founding [...]
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The small Cyprus-based firm Medex which is already active in Tunisia and Libya has made a number of acquisitions in Algeria and Togo in recent months while remaining discreet about its corporate background.
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Malaysia's Petronas group now holds the upper hand on Morocco's upstream with four concessions, two of which it acquired last week. Its influence could counter that of the Saudis.
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Scheduled to begin in 2004, oil production on the Doba fields could start, in fact, in the autumn of 2003.
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A "dormant" investor since 1994, US Oil Corporation is making a high-profile return to Guinea in conjunction with Hyperdynamics just as Washington is throwing more support behind Conakry.
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Angola's repayment of its debt to Russia -it borrowed heavily against future oil production in 2001 to meet payments -has intrigued the IMF, banks and judicial circles. Here are some milestones in the saga:
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After marking time for months, development programs for blocks 14, 15, 18 and 19 are beginning to win approval from Sonangol. On which blocks will development work start first?
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The Canadian firm Bitech Petroleum, that was bought last year [...]
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The Dublin-based oil company Bula Resources headed by former Irish [...]
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Nigeria's Department of Petroleum Resources has refused to award oil [...]
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The offshore Okpoho field on OML 119 in the Niger [...]
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Currently producing 150,000 bpd, the Zafiro field in Equatorial Guinea, [...]
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Pioneer Natural Resources has just drilled its second appraisal well [...]
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Energy Africa Gabon, which is 50% owned by Energy Africa, [...]
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Already operating on the onshore licenses of Tshienda, Liawenda, Kinkasi, [...]
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After negotiating the drilling of three wells on the Pempa/Zanzibar [...]
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AEI understands that the U.S. firm Vanco has finished analyzing [...]
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Atlantic Methanol Production Co., in which the U.S. group Noble [...]
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Sudan energy minister Awad El Jazz said a plan to [...]
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The announcement last summer that several Arab development funds were ready to finance the construction of the Merowe dam on [...]
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AEI has learned that a $100 million loan for NEPA that was approved by the World Bank last summer has been frozen. The Bank wants to see better management of the utility's accounts.
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The World Bank could vote in favor of a loan in June to overhaul the Ethiopian Electric Power Corporation. The aim isn't to privatize EEPCO but rather to revamp it and bring private operators into the Ethiopian market.
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Donors could put up $400 million to guarantee electricity supply [...]
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Accompanied by several heads of oil companies, and particularly those from Sinochem, Sinopec and Shengli, Chinese president Jiang Zemin travelled [...]
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While working to strengthen its bonds with oil-producing nations in the Gulf of Guinea, as Africa Energy Intelligence reported (AEI [...]
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In addition to a suit filed by Malabu Oil & Gas in New York - the company is seeking $2.8 [...]
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Although a finding by the Nigerian Supreme Court early this month put paid to hopes by the states of directly [...]
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Rilwanu Lukman, president Olusegun Obasanjo's adviser on oil issues, last week chaired the second meeting of the authority which manages [...]
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The Agence Francaise de Developpement is to finance the installation of underwater cables to link Moroccan and European networks. The [...]
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Although Africa Merchant Bank has been managing a revolving credit for Societe Ivoirienne de Raffinage's acquisitions of crude for years, [...]
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The various legal procedures undertaken in Switzerland, the United Kingdom and Luxembourg by the Nigerian government to recover nearly $2.2 [...]
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Along with the World Bank and IMF, several advisers to president Olusegun Obasanjo have voiced concern over the country's 2002 [...]
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An agreement signed last week between Sudan's finance minister, Abdul Rahim Hamdi, and his counter-part from the United Arab Emirates, [...]
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The Multilateral Investment Guarantee Agency (MIGA), the World Bank's export credit guarantee agency, could stand in for credit agencies from [...]
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South Africa's Absa Bank will provide funding for a contract signed between the South African trading company Trans-Sahara Trading (TST) [...]
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The International Finance Corp., private investment arm of the World Bank, could put up $40 million in the Emerging Africa [...]
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Former executive at the metals brokerage First Commodity Corp, James Bruchs has just been named head of a new American [...]
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A man used to taking on difficult jobs - he was named minister of state for eradicating poverty in a [...]
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Former executive director of the Nigeria Port Authority, Alhaji Zubairu Abdulhamid has just been named special adviser to president Olusegun [...]
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The African operations of ConocoPhillips, which was formed out of a merger between the two companies, are to be headed [...]
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Chairman of Cliveden Petroleum (see P. 3), Peter Felter, a lawyer of Danish origin, is a former director of the [...]
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President of Chrome Energy, Chude Mba will be a key figure in the bidding round organized this year in the [...]
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Equatorial Guinea's national oil company, Gepetrole, which has now got [...]
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The Entreprise Tunisienne d'Activites Petrolieres has recently been handing out [...]
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After buying a stake in a refinery last year in [...]
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After his visit to Morocco (see P. 3), Malaysian prime [...]
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Algeria's Sonelgaz could issue an invitation to tender for an [...]
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AEI understands that an audit of Angola's oil resources that [...]
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The British firm Exploration Consultants Group has been working for [...]
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The U.S. brokerage JP Morgan figures on the list of [...]
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A firm set up by ex officials from the World [...]
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The South African firm Murray and Roberts has been contracted [...]
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Published in 1997 and recently re-printed, the book The Paradox [...]
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IBC Global Conferences is organizing a conference on Angolan oil [...]
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IBC Global Conferences is organizing a conference on main outlets [...]
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