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Arabica Robusta

allAfrica.com: Angola: Oil Industry Shifts Focus to Angola (Page 1 of 1) - 0 views

  • IF there were doubts about the shift in global oil industry focus on the new frontier for oil exploration and production on the African continent, the ongoing Offshore Technology Conference in Houston, Texas cleared the air when its opening session centred on Angola and not Nigeria fraught with oil shut-ins, kidnappings, arson and the activities of militant groups.
    • Arabica Robusta
       
      This shift is not surprising in the sense that Angola's petroleum production has been primarily offshore, which is an advantage to multinational petroleum corporations in that there are fewer opportunities for disruption from disaffected people. Enclave capitalism?
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    IF there were doubts about the shift in global oil industry focus on the new frontier for oil exploration and production on the African continent, the ongoing Offshore Technology Conference in Houston, Texas cleared the air when its opening session centred on Angola and not Nigeria fraught with oil shut-ins, kidnappings, arson and the activities of militant groups.
Arabica Robusta

allAfrica.com: Africa: On Earth Day, Africa Action Calls for U.S. to Support Sustainabl... - 0 views

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    In recognition of Earth Day, Africa Action today released a new resource entitled A Strategy of Extraction examining the oil industry in Africa using the case study of Nigeria's Niger Delta region. Because of poverty and geography, Africa will be disproportionately impacted by climate change. Africa Action urged leaders to prioritize sustainable, people-driven development in U.S.-Africa relations.
Arabica Robusta

allAfrica.com: Nigeria: Report of Oil Industry Reforms Ready This Month (Page 1 of 1) - 0 views

  • Designed to make NNPC "an independent oil company... like any other", Ajumogobia cited Saudi Arabia's Aramco, Malaysia's Petronas and Brazil's Petrobras Energia SA. as corporate models for the state's main income generator.A break-up into five separate units is envisaged for the company formed in 1997 through a series of accords with Anglo-Dutch group Royal Dutch Shell, ExxonMobil Corp. and ChevronTexaco (originally two companies), France's Total and ENI SpA unit Agip Oil.
  • Adolphe Moudiki, executive general manager of Cameroon's National Hydrocarbons Corporation (SNH), noted that a number of cross-border oil production and transport projects could serve as models for future Cameroun-Nigerian projects."On the technical plan, this cooperation has fostered the achievement of major cross border oil infrastructure projects such as the Chad/Cameroon pipeline, the West African gas pipeline between Nigeria and Ghana, or the trans-Saharan gas pipeline between Nigeria and Algeria. So we could also achieve the same type of cooperation in the Gulf of Guinea," he said
Arabica Robusta

allAfrica.com: Nigeria: Niger Delta Crisis Resolution Rests On 4 Pillars - Obaigbena (P... - 0 views

  • if the proposed Petroleum industry Bill (PIB) is passed by the Federal Legislature, the people of the Niger Delta would be part owners of the resources found in the region which in turn will cement the peace process.
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    "four pillars as dialogue, matched by strong political will, sincere leadership backed by local cooperation and commitment."
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    Petroleum industry bill is key.
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