Founded in 2004 to push through several oil projects in Angola and China, China Sonangol International Holding quickly diversified into other businesses than oil and is now active in Africa, Latin America and South-East Asia.
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Prestoil, a French petroleum firm founded in 2005 by Gerard Bourgoin, has sold the 55% it owns on the offshore [...]
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After a number of setbacks in Congo-K, the wealthy South African family Moseneke has built up its oil interests in the Great Lakes region.
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Africa Energy Intelligence understands that Congo’s deputy prime minister in charge of construction, Emile Bongeli, recently indicated he was highly [...]
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Meeting for the first time since Bakassi was awarded to [...]
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In addition to Samroc, which won block C (see above), [...]
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The chairman of Congo-K's Societe Nationale d’Electricite, Eugene Serufuli Ngayabaseka, [...]
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Initiated in 2007, an arbitration procedure between the U.S. oil [...]
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On June 8, Congo-K’s supreme court threw out a suit [...]
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The consulting firm of David Goldwyn figures among companies that [...]
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An indirect affiliate of China Oil Resources, which makes most of its money from manufacturing and selling paint, has bought into the Tunisian concession of Ksar Hadada.
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Africa Energy Intelligence understands Algiers is about to offer Repsol some consolation for its loss of the contract for the [...]
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Libya’s National Oil Corp has until August 24 to put [...]
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One of the first concrete results of a lengthy consultation [...]
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Stepping up its acquisitions outside of Angola, Sonangol has just [...]
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Recent drilling has confirmed the reserves of the huge Agadem field. The oil could be exported by a pipeline via Benin and supply an eventual refinery at Zinder.
In a bid to persuade Chevron and Shell to sell it gas for Nigeria’s power plants, the Nigerian government has won a financial guarantee from the World Bank.
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After a 10 year hiatus, the World Bank has begun to invest modestly in Ivory Coast’s power sector and other bigger projects are in the works.
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The oil portfolio in Mauritania’s national union government that will soon take office formally in Nouakchott will be held by [...]
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The appointment of Dean Callaway as new financial director of TG World Energy Corp put an end to a hiatus [...]
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Visiting the 200 MW Sunon Asogli power station at Tema [...]
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Part of the USD 15.5 million that Shell will pay [...]
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Ho Sook Wah, director of Permata, the trading subsidiary of [...]
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Victor Boblai, director of the Societe Nationale d’Operations Petrolieres de [...]
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Two years ago Lundin Petroleum was beaten out for a license by a Kenyan company. Africa Oil, which is controlled by the Lundin family, has now won it back by buying out the Kenyan concern.
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The new president of the breakaway Somali province of Puntland is honoring his electoral promises by keeping close checks on work carried out by oil companies.
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In mid-June, the police commissioner in the Uganda district of [...]
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The first well to be drilled in Uganda by Neptune, [...]
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Tamoil East Africa has called on the services of the [...]
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Yoweri Museveni, the president of Uganda, appealed for more investment [...]
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The fate of the Kudu field hangs entirely on the price of its gas. The field’s operator, Tullow Oil, will shortly present its first estimate of that price.
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A Mozambique company close to the government has won a consolation prize after losing the contract for Mpanda Nkuwa.
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A former Portuguese diplomat in Angola and Democratic Republic of Congo, Antonio Monteiro, has replaced John Snyder on the board [...]
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Madagascar’s new strong-man, Andry Rajoelina, named a new boss of JIRAMA, the company’s water and power utility, on June 8. [...]
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Portugal’s leading public works company, Mota Engil, which is listed [...]
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Namibia is seeking to give its state-owned oil company Namcor [...]
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A fire on June 15 at the main transformer station [...]
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Already active in Mozambique, the Swedish firm Sweco has been [...]
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A visit to Africa by Russian president Dmitry Medvedev between [...]
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On May 26 Africa Energy Intelligence predicted that the sale [...]
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