Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-10-08 20:40:00

IVORY COAST NEED MONEY

IVORY COAST NEED MONEY

Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil ministry official said on Tuesday.

The West African nation will target companies including Exxon Mobil, Total, Eni, Anadarko Petroleum, Tullow Oil and ConocoPhillips , the ministry's oil director Ibrahima Diaby said.

Prime Minister Daniel Kablan Duncan and Oil and Energy Minister Adama Toungara will lead the government delegation at its promotional event in Houston on Oct. 14 and 15.

"This oil roadshow in Houston will allow us to present the opportunities on offer in the Ivorian sedimentary basin, particularly in the deep and ultra-deep offshore zones," Diaby said.

"We have seven ultra-deep blocks at between 3,000 and 4,000 metres and several blocks between 50 metres and 1,000 metres."

For decades Ivory Coast, the world's top cocoa grower, neglected development of its offshore oil and gas sector, choosing instead to concentrate on exporting agricultural commodities.

However, since a brief civil war ended a decade of political turmoil in 2011, President Alassane Ouattara has sought to diversify the economy and seek out new revenue sources.

The oil ministry signed 18 production-sharing agreements in 18 months in 2012 and 2013, as investors bet it could emulate neighbouring Ghana's hydrocarbons boom.

Ivory Coast produces around 20,000 barrels of crude oil and around 250 million cubic feet of gas per day. It's seeking to boost crude output to around 200,000 bpd by 2020, Diaby said.

Companies currently exploring in Ivorian waters include Anadarko, Tullow, Total, Lukoil, Canada's CNR, Afren, Africa Petroleum and Taleveras.

Ghana filed an arbitration suit under the U.N. Convention on the Law of the Sea last month in a bid to resolve its maritime border dispute with Ivory Coast. The Ivorian government said it planned to file its own complaint against Ghana.

reuters.com

Tags: IVORY, COAST, OIL, EXXON, TOTAL, ENI, CONOCO,

Chronicle:

IVORY COAST NEED MONEY
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

IVORY COAST NEED MONEY
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

IVORY COAST NEED MONEY
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

IVORY COAST NEED MONEY
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

All Publications »