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Spotlight |
SIZING UP MEGA MERGER IMPACT ON AFRICA

Africa certainly hasn't been a decisive factor in the flurry of mega-mergers in the oil industry which are being spurred instead by the need to cut costs in the face of plunging oil prices – in real terms these are [...]

Published on 02/12/1998 at 11:00 GMT Reading time 3 minutes

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Nigeria
MOBIL TAKES BACK TWO JACK-UPS AND WILL REACH FIVE NEXT YEAR

Mobil has fixed the jack-up Noble Percy Johns for one [...]

Subscribers only Energy 21.12.1999

Canada
SHELL PULLS OUT OF COASTAL FIELDS

Shell has sold its 45% stake in the coastal permits [...]

Subscribers only Energy 21.12.1999

Angola
HAKURYU V TO DRILL FOR TEXACO

The Japan Drilling semi-submersible Hakuryu V has secured a commitment [...]

Subscribers only Energy 21.12.1999

Morocco
LPG, SOUNDING OUT MARKET

A Moroccan source has depicted Rubis' plan to build an imports terminal with a capacity of 40,000 tons per year [...]

Subscribers only Energy 21.12.1999

Equatorial Guinea
DOZEN FPSO OFFERS TO TRITON

Triton Energy, which is taking a "super fast track" to [...]

Subscribers only Energy 21.12.1999

Spotlight | Africa, United States
TIME FOR TRANSPARENCY

In denouncing the secretive practices of the oil industry in its report "A Crude Awakening" (AEM 265), Global Witness has undoubtedly put paid to the impression created by its previous report on diamonds that it was banging away exclusively at [.

Subscribers only Energy 21.12.1999

Spotlight | Chad, Libya
KHADAFI COMES TO RESCUE CHAD'S OIL

Colonel Muammer Kadhafi declared during a press conference on Nov. 30 that he intended to help Chad "replace Western oil companies" that pull out of the Doba oil fields project (AEM 264). He didn't dare add, however, that he was [.

Subscribers only Energy 08.12.1999

Africa
JOHN COUSINS NAMED EXECUTIVE VICE PRESIDENT OF EXXON/MOBIL EXPLORATION

John Cousins who dealt with Africa for Mobil New Ventures [...]

Subscribers only Energy 08.12.1999

Africa
THE EXECUTIVE LINE-UP AT TOTALFINA-ELF

On Dec. 1 Total Fina published a list of 50 [...]

Subscribers only Energy 08.12.1999

Angola
PRIDE ANGOLA TO DRILL ONE WELL FOR BP AMOCO

BP Amoco is to take advantage of a slot with [...]

Subscribers only Energy 08.12.1999

Angola
WOOD MACKENZIE LOWERS ITS PROJECTION

In its latest update on E&P in Angola, Wood Mackenzie [...]

Subscribers only Energy 08.12.1999

Angola
GLOBAL WITNESS, PART II

Less than a year after it published its report "A Rough Trade" on the diamonds that fuelled UNITA's military ventures, [...]

Subscribers only Energy 08.12.1999

Congo
HALFWAY MOVE FOR HYDRO CONGO

Companies slated for privatization in Congo are going to change their management before the sell-off, including Hydro Congo. The latter [...]

Subscribers only Energy 08.12.1999

Spotlight | Africa
TOTALFINA-ELF, RESOLVED BUT SELECTIVE

A decision like the withdrawal – complete or partial – of Elf and Shell from the Chad oil project is automatically economic in nature. That, at any rate, was how the head of TotalFina Exploration-Production Christophe de Margerie portrayed the [.

Subscribers only Energy 24.11.1999

Nigeria
MOBIL SIGNS UP FOR ADRIATIC VIII AGAIN

Mobil has signed a new contract with Global Marine for [...]

Subscribers only Energy 24.11.1999

Congo
ELF MAY HAVE FOUND RIG FOR ULTRA DEEP

AEM has learned that Elf is negotiating with Shell to [...]

Subscribers only Energy 24.11.1999

Cameroon, Chad
DOBA VICTIM OF GLOBALIZATION

The Chad government signed a preliminary accord with Vivendi to take over management of the Societe Tchadienne d'Electricitre et d'Eau [...]

Subscribers only Energy 24.11.1999

Angola
HITCHES WITH NEWBUILD

Elf Exploration Angola's eighth find on block 17 after that of Cravo in early September is going to have to [...]

Subscribers only Energy 24.11.1999

Angola
OCEAN ALLIANCE TO DRILL FOR CHEVRON

The deepwater semi Ocean Alliance has secured a series of [...]

Subscribers only Energy 10.11.1999

Angola
SEDCO EXPRESS TO BE DELIVERED IN JANUARY

The DCN shipyard in Brest, France expects to deliver the [...]

Subscribers only Energy 10.11.1999

Nigeria
EA PROJECT IN STARTING BLOCKS

In late October Shell's board gave a go-ahead to the EA project that will involve a first venture in "alternative" [...]

Subscribers only Energy 10.11.1999

Spotlight | Ivory Coast
NEWCOMER EDGES INTO OIL PICTURE

Bids for the privatization of Societe Ivoirienne de Raffinage (SIR) are now set to close on Nov. 7. This follows changes in TotalFina's approach to the sell-off that prompted it to re-shape its bid by bringing Shell aboard in addition [.

Subscribers only Energy 27.10.1999

Africa
EXXON WON'T GET JACK RYAN UNTIL AT LEAST MID-2000

The newbuilding drillship Glomar Jack Ryan, which is being built [...]

Subscribers only Energy 27.10.1999

Congo
UP TO THREE WELLS IN ADDITION TO THE ONE ON MPS

Elf indeed issued a tender – closed on Oct. 12 [...]

Subscribers only Energy 27.10.1999

Angola
7TH DISCOVERY ON BLOCK 17 CONFIRMED

A seventh discovery in block 17 where Elf operates was [...]

Subscribers only Energy 27.10.1999

Madagascar
TOTAL MADAGASIKARA AVIATION IS BACK

The company born of TotalFina's takeover of jet aviation fuel [...]

Subscribers only 16.10.1999

New Zealand
OPEN CONFLICT WITH ERHC

The Sao Tome government has started legal action for "slander" [...]

Subscribers only Energy 13.10.1999

Gabon
POSSIBLE MOVES LOOMING FOR ELF GABON, ENERGY AFRICA AND AMERADA

Before planned talks with TotalFina on Elf Gabon's future, president [...]

Subscribers only Energy 13.10.1999

Angola, Congo
CLOSER LOOK AT CONGO BASIN

Elf Exploration-Production is examining the first results from a series of surveys conducted by the French marine research institute Infremer [...]

Subscribers only Energy 13.10.1999

Rwanda
METHANE GAS PROJECT

At the behest of Rwanda's energy ministry, the "special projects [...]

Subscribers only Energy 29.09.1999

Nigeria
SHELL STILL SEEKING TWO JACK-UPS FOR EA

Shell is still in the market for two other jack-ups [...]

Subscribers only Energy 29.09.1999

Angola
PRIDE AFRICA TO START WITH APPRAISAL WELL

The new deepwater drillship Pride Africa, which arrived in Angola [...]

Subscribers only Energy 29.09.1999

Ivory Coast
SIR SELL-OFF POSTPONED

The Sept. 13 announcement that Elf and Total were to merge has had its first visible impact in Africa with [...]

Subscribers only Energy 29.09.1999

Congo
KOMBI-LIKALALA IN PRODUCTION

Elf Congo has just put its latest development among small fields in the former Pointe Noire Grands Fonds permit, Kombi [...]

Subscribers only Energy 29.09.1999

Congo
DEEPWATER FRONTIER FOR ULTRA-DEEP ELF WELL?

The drillship Deepwater Frontier may be emerging as the leading [...]

Subscribers only Energy 15.09.1999

Angola
DISCOVERIES ON BLOCKS 15 AND 17

Earlier this month Elf confirmed its sixth discovery on block [...]

Subscribers only Energy 15.09.1999

Africa
TOTALFINA-ELF, ENI LEAVES OPTIONS OPENED

The Sept. 13 announcement that Total/Fina and Elf had agreed to a now-friendly merger pushed aside rumors that ENI might [...]

Subscribers only Energy 15.09.1999

Gabon
ELF'S EVER-FASTER OUTPUT DROP

The pace of Elf Gabon's drop in production, which saw output fall from 53 million barrels in 1997 to 48 [...]

Subscribers only Energy 15.09.1999

Equatorial Guinea
MOBIL RELEASES ALEUTIAN KEY

Mobil has released the semi-submersible Aleutian Key after a contract [...]

Subscribers only Energy 01.09.1999

Spotlight | Africa
SEDCO-TRANSOCEAN TIE-UP IN WAKE OF BP-AMOCO

A tie-up between Sedco-Forex and Transocean has come on the heels of a wave of mega oil mergers that began with BP Amoco and looks likely to end once the double takeover battle between Total Fina and Elf runs its [.

Subscribers only Energy 28.07.1999

Libya
NIMR LINES UP ACTINIA

Nimr Petroleum is due to take the Actinia next month [...]

Subscribers only Energy 28.07.1999

Africa
PRICE UPTURN FUELS HOPES

The oil price has recovered strongly and hopes are rising [...]

Subscribers only Energy 28.07.1999

Angola
ELF CONTRACT FOR SBM

Elf has ordered a CALM loading point anchoring system from [...]

Subscribers only Energy 28.07.1999

Angola
TESTS ON PROSPECT IN BLOCK 15

Tests will be completed in August on an exploration well [...]

Subscribers only Energy 28.07.1999

Angola
PRIDE AFRICA ON THE WAY

The 51-49% joint venture between Pride International and Sonangol that owns the drillship Pride Africa has taken delivery of the [...]

Subscribers only Energy 28.07.1999

Spotlight | Africa, France
TOTALFIN/ELF FALLOUT FOR AFRICA

A full week after Total Fina, which exists as such only since April 16, launched a 43 billion Euro takeover bid for Elf there is no solid indication of when Elf's board will meet to approve the "major project" that [.