Gulf of Guinea Commission and the
Developmental Prospects for the
Region’s Petroleum Industry
Reference Code: GDGE0571VPT
Publication Date: JUL 2008
Energy Viewpoint GDGE0571VPT / Published JUL 2008
© GlobalData. This brief is a licensed product and is not to be photocopied Page 1
Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Figures 4
2 GlobalData View Point 5
2.1 Summary 5
3 Gulf of Guinea Commission and the Developmental Prospects for the Region’s
Petroleum Industry 6
3.1 Gulf of Guinea, Overview 6
3.2 Gulf of Guinea: Current Scenario 8
3.3 Gulf of Guinea Commission: Background 9
3.3.1 Gulf of Guinea Commission: Objectives 9
3.4 Conclusion 10
4 Recent Developments 11
4.1 License Rounds 11
4.1.1 Mar 13, 2008: Sao Tome, Nigeria To Relaunch Licensing Round For Oil Blocks 11
4.1.2 May 07, 2008: Angola Prequalifies 40 Oil Companies Under New Licensing Round 11
4.2 License Awards 12
4.2.1 Jun 12, 2008: NNPC To Take Over Shell's Ogoni License 12
4.2.2 Feb 27, 2008: Nexen Receives Approval For Usan Field, Offshore Nigeria 13
4.2.3 Nov 14, 2006: Statoil Signs PSA For Angola 13
4.3 Strategy and Business Expansion 13
4.3.1 Mar 17, 2008: Shell Agrees To Increase Oil Output In Nigeria 13
4.3.2 May 21, 2007: Total Announces Two New Oil Discoveries In Angola