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    News and Articles on Gulf of Guinea



    Oil Revenue Challenges Ghana  Nov 20, 2009
    Within the Gulf of Guinea region, Ghana did not attract much attention until Kosmos Energy in June 2007 announced the discovery of a "significant oil accumulation" at its Mahogany-1 well ... Finally, Transparency International's 2009 Corruption Perceptions Index ranks Ghana 69th--below Botswana (37th) but well ahead of other Gulf of Guinea oil producers. (Ghana Web, Ghana)

    VEEP: Government to resource the Ghana Navy  Oct 31, 2009
    Vice President Mahama noted that there is pervasive insecurity in the resource endowed in the Gulf of Guinea, which has suddenly attracted the interest of gun runners and fish poachers. He said this was likely to affect the country's oil exploratory efforts if steps were not taken to contain the growing crime. (Ghana Web, Ghana)

    Share the Oil Cash! Courting the Devils Excrement  Oct 28, 2009
    Those who believe that the recent oil discoveries in the Gulf of Guinea are offshore and will not be subject to similar attacks as in Nigerias Delta Region should first look at what is going on in the Gulf of Aden, where deprivation has emboldened jobless Somali youth to create a multi-million dollar piracy business with increasing criminal sophistication. Can distributing $50 a year prevent without good education and sustainable jobs such desires. (Ghana Web, Ghana)

    'Crude World' shows ruthless realm of oil industry  Oct 19, 2009
    Perhaps the least familiar for most readers will be what has occurred in Equatorial Guinea, with its population of about 500,000 "spread over several islands in the Gulf of Guinea and on a postage stamp of land between Gabon and Cameroon.". Maass visited the tiny nation during his reporting, before being expelled for asking questions of government officials, diplomats from other nations, native laborers and oil company executives. (USA Today -- Money)

    Exxon Turns to Kosmos to Boost Reserves After African Drilling Failures  Oct 13, 2009
    49 percent stake in Jubilee, as well as nearby prospects in Ghanas Gulf of Guinea waters ... already operates oil fields in other nations that rim the Gulf of Guinea, including Nigeria and Equatorial Guinea, as well as onshore wells in Chad. (Bloomberg -- US)

    Nigeria: Ghana Picks Oando, Others for N150 Billion Gas Project  Oct 6, 2009
    Also commenting, Mr. Wale Tinubu said, "We are very proud to be part of this historic milestone in Ghana's oil and gas exploration. The Jubilee oilfield is set to further transform the Ghanaian economy and position the country as a key player in the Gulf of Guinea. The choice of Oando is an affirmation of our track record at project delivery and creates an opportunity for us to extend the success recorded in building Nigeria's gas distribution pipeline system to other parts of West Africa. This... (allAfrica.com)

    Oil Better Benefit Ghana  Sep 30, 2009
    This encompassed the whole of West-Africa (the Gulf of Guinea) with Ghana as an epicenter to as far as Angola. All this effort stems from the fact about the turmoil in the Middle East, the instability in Iraq, uncertainty in Iran's Hermoz Strait (sometimes known as Strait of Hormuz), the erratic political situation in South America and understandably the proximity of West Africa to the Americas. (Ghana Web, Ghana)

    Perfection Is Just An Ideal, Not Reality  Sep 22, 2009
    And there is absolutely nothing embarrassing about such an honest admission; except, of course, that these days, honesty appears to have deafeningly deserted our enclave of the Gulf of Guinea. Kwame Okoampa-Ahoofe, Jr., Ph. (Ghana Web, Ghana)

    Sierra Leone: Nation Discovers Oil  Sep 20, 2009
    com: Sierra Leone: Nation Discovers Oil (Page 1 of 1). Nation Discovers Oil. (allAfrica.com)

    Liberia: High Oil Prospects, More Bids Pour in  Sep 19, 2009
    He said in the exploration of oil the set of system geologists refer to as the cretaceous rock, which is an oil bearing rock is said to be found in the gulf of Guinea stretching from Ghana, Ivory Coast, Liberia and Sierra Leone. Shares of companies that have discovered huge quantity of oil off the shores of Liberia and Sierra Leone waters rose sharply on Wednesday hours after announcing the discoveries, raising hopes of heavy infusion of capital into the economies of the two countries still... (allAfrica.com)

    West Africa: More Time to Unravel the African Monsoon  Sep 12, 2009
    The researchers have found that the onset of the monsoon - an important moment that determines when farmers sow crops - appears to follow the formation of a 'tongue' of cold water in the Gulf of Guinea ... AMMA will continue to analyse activity in the Gulf of Guinea, with more work planned on weather and climate forecasts and early warning systems, Jean-Luc Redelsperger, chair of AMMA's International Scientific Steering Committee, told SciDev. (allAfrica.com)

    Africa: A Rough Guide to Climate Change in Continent  Sep 10, 2009
    Gulf of Guinea: Lagoon fisheries and aquaculture could be hit when the low-barrier beaches that limit coastal lagoons are destroyed by the rising sea level. A change in rainfall could also affect the quantity of water in the rivers that feed the lagoons. (allAfrica.com)

    Manage oil find information well-media advised  Sep 4, 2009
    Mr. Ato Van-Ess, a trainer at OTC said the facility is a joint venture between two established oilfield service companies in the Gulf of Guinea. He said OTC provides a wide range of training courses to meet internationally accepted standards, including long term training through national vocation qualification. (Ghana Web, Ghana)

    Bongo elected Gabon president, unrest erupts  Sep 4, 2009
    Gabon is located in west central Africa, sharing borders with the Gulf of Guinea to the west, Equatorial Guinea to the northwest, and Cameroon to the north, with the Republic of the Congo curving around the east and south. With an area of almost 270,000 square km, Gabon is divided into nine provinces and further into 37 departments. (Xinhuanet, China)

    Liberia: U.S. Navy Vessel Docks in Country To Provide Health Related, Humanitarian Services  Sep 3, 2009
    APS is one in a series of activities designed to build maritime safety and security in Africa in a comprehensive and collaborative manner, focusing first on the Gulf of Guinea. It responds to specific African requests for assistance and is aligned with broad international community and U.S. objectives. (allAfrica.com)

    So Tom and Prncipe: The Forest is the Pharmacy  Aug 25, 2009
    The forest is the pharmacy on the two tiny Gulf of Guinea islands of S;o Tom; and Principe; and traditional healers are the experts on its plants. Over 14 years, Maria do Ceu Madureira, a Portuguese ethnobotanist, had led a research team from the University of Coimbra and the Ministry of Health of S;o Tom;, with funding from the Calouste Gulbenkian Foundation in Lisbon. (allAfrica.com)

    Nigeria oil rights grab 'illegal'  Aug 21, 2009
    It paid $9m in cash and offered a letter of credit to pay another $231m, in order to cover its 60% interest in oil blocks OPL321 and OPL323, which are based in deep water in the Gulf of Guinea. In return for the exploration rights, South Korea had planned to build a 1,200-km (745-mile) gas pipeline from the southern delta to the capital, Abuja, and provide 2,250 megawatts of power generation. (BBC News -- Africa)

    Nigeria: Leader Writes to President Dos Santos  Aug 15, 2009
    Luanda The president of Nigeria, Umaru Musa Yar'Adua, Friday addressed a message to his Angolan counterpart, Jos; Eduardo dos Santos, on the situation in the Gulf of Guinea ... The envoy told the press that the message has to do with peace and security in the Gulf of Guinea ... The Nigerian diplomat affirmed that Angola and Nigeria are members of the Commission of the Gulf of Guinea, whose headquarter is based in Luanda, therefore there is a need to keep Angolan president informed on the... (allAfrica.com)

    U.S. Military Held War Games on Nigeria, Somalia  Aug 15, 2009
    These activities currently include supervising U.S. arms sales, military training programs and military exercises; overseeing the growing presence of U.S. naval forces in the oil-rich Gulf of Guinea and off the coast of Somalia; running the new U.S. base at Camp Lemonier in Djibouti; and managing the array of African military bases to which the United States has acquired access under agreements with the host governments of African countries all over the continent. These countries include... (allAfrica.com)

    Africa: Rush to Lead Congressional Delegation to Africa to Increase Trade, Investment and Opportunities  Aug 14, 2009
    Rush added, "Africa plays a significant role in meeting the world's energy needs, supplying new technologies and providing vital mineral resources. For example, oil and gas from the Gulf of Guinea region in West Africa accounts for over 19.5 percent of U.S. oil imports in 2008, a greater share than oil from Persian Gulf countries. The proportion of U.S. oil imports from Africa is expected to grow to 25 percent over the next decade. Africa's natural resources, if carefully managed, will... (allAfrica.com)

    US keen for stronger ties with Nigeria - ClintonAbuja, Nigeria (PANA) - Visiting American Secretary of State Hillary Clinton said here Wednesdaythe US was keen to see ''the development of stronger ties'' with Nigeria.    12/08/2009   Full Text...  Aug 13, 2009
    was collaborating with the American Armed Forces in the Gulf of Guinea to check r ebel movements, drug trafficking and gun running. The U.S will provide support to Nigeria for the 2011 elections, she promised, sa ying that the U.S. supported efforts by the Yar. (Panapress.com)

    So Tom and Prncipe: Malaria Declines But Struggle Continues  Aug 12, 2009
    Malaria is endemic in the Gulf of Guinea, where the islands of S;o Tom; and Pr;ncipe lie. Yet the impoverished country has led since 2004 an anti-malarial campaign that has won praise from the World Health Organisation. (allAfrica.com)

    Guinea: Flood-Hit Residents of Conakry Cry 'SOS'  Aug 12, 2009
    Higher-than-average rainfall is expected this season in Guinea and other countries in the southern Gulf of Guinea zone, according to the International Federation of the Red Cross and Red Crescent Societies (IFRC). "Each year we are victims of flooding here, but this year is exceptional," resident L;no told IRIN. "The water level has never been this high.". (allAfrica.com)

    Ayittey Helps Prepare Clinton for Africa Trip  Aug 6, 2009
    I autographed it as: "This wont' get me a BEER at the White House but we are proud of you as a son of Africa. Don't mind what the Americans say." I hope Obama has a sense of humor but dont try this with President Musugu Babazonga, President-For-Life of the Coconut Republic of Tonga somewhere in the Gulf of Guinea. He is the author of the Green Book, which everybody must read. (Ghana Web, Ghana)

    Chinese reaching out to Angola  Aug 5, 2009
    Thanks to its huge oil deposits in the Gulf of Guinea, the former Portuguese colony has become China's biggest African trading partner. I don't speak Portuguese so its hard to communicate. (BBC News -- Africa)

    What will oil mean for Ghana?  Aug 1, 2009
    Discovered in 2007, the Jubilee is located in the Gulf of Guinea and is considered a world-class prospect. The first crude is expected in the second half of next year. (Ghana Web, Ghana)

    A Look At Nigeria  Jul 29, 2009
    It is set on the Gulf of Guinea on the West African coast and borders Cameroon, Chad, Niger and Benin. Terrain ranges from coastal swamps and tropical forests to grasslands and semi-deserts. (CBS News -- World)

    Republic of Congo holds presidential election  Jul 13, 2009
    It is bordered by Gabon, Cameroon, the Central African Republic, the Democratic Republic of Congo, the Angolan exclave province of Cabinda and the Gulf of Guinea. The country is rich in petroleum and forestry resources and these two sectors are key contributors to its economy. (Xinhuanet, China)

    Sassou poised to win re-election in Republic of Congo poll  Jul 12, 2009
    It is bordered by Gabon, Cameroon, the Central African Republic, the Democratic Republic of the Congo, the Angolan exclave province of Cabinda, and the Gulf of Guinea. The country is rich in petroleum and forestry resources and these two sectors are key contributors to its economy. (Xinhuanet, China)

    US Military Base In Ghana  Jul 11, 2009
    With significant discoveries being made in the Gulf of Guinea oil basin, off the coast of Ghana, Equatorial Guinea, Congo and Cote dIvoire, according to the Energy Information Administration of the U.S. Department of Energy, the United States will be importing in the year 2020 over 770 million barrels of African oil a year ... West Africa is its natural home, given the need to protect energy interests in the Gulf of Guinea ... "The United States, in typical Dick Cheneyic oilthink, sees the... (Ghana Web, Ghana)

    Africa: The 'Change We Need'? - Obama in Ghana  Jul 11, 2009
    If Obama is serious about democratic and accountable governance taking root in Africa, he will be minded to dispel the fear (and the rumour) that the United States is actively militarising the Gulf of Guinea through increased in the activities of US naval forces. He should signal loud and clear that he respects the African Union's reluctance to extend the US military footprint in Africa, whether by providing landing facilities or hosting an AFRICOM (United States African Command) facility. (allAfrica.com)

    Barack O'Ghana!  Jul 9, 2009
    " Mr. Obama's choice of Ghana for his first official trip to Sub-Saharan Africa has triggered a bout of self-questioning in Nigeria and Kenya, where many see his itinerary as a deliberate snub, Reuters news agency reported. Kenya is the home of Mr. Obama's father, and the president's grandmother and a half-brother still lives there. Nigeria is Africa's most populous country and has considerable oil reserves. The first black U.S. president's choice of Ghana as his first stop on the continent has... (Ghana Web, Ghana)

    Obama Brings International State Terrorism to Ghana  Jul 8, 2009
    7) Gulf of Guinea Initiative U.S. Navy Partnership Program Security This program trains African militaries in port and offshore oil platform security. 8) Exercise Reception Facility (ERF) Established to facilitate troop deployments throughout the region. (Ghana Web, Ghana)

    Benin declares state of emergency over floods  Jul 8, 2009
    Experts say countries on the coast of the Gulf of Guinea including Benin, Cameroon, Ghana, Nigeria and Togo are becoming more prone to floods. Forecasts by the African Centre of Meteorological Application for Development for July to September 2009, suggest a high probability of rainfall higher than normal in these countries. (AlertNet)

    I Went to Accra Today  Jul 5, 2009
    Hence, the rainwaters are finding their way out and as the floodwaters struggle to get their way into the Gulf of Guinea it only makes sense that they carry a few human bodies that stand on their way into the sea. Sorry, I dont mean to be callous may the souls of the departed rest in perfect peace. (Ghana Web, Ghana)

    Ghana readies for the Obamas  Jul 5, 2009
    ACCRA, Ghana -- The people of this country seated in the nook where West Africa curves into the Gulf of Guinea along the Atlantic Ocean have long felt they are trendsetters for Africa. It is in Ghana, after all, where the march for independence in all of Africa started and where the Pan African movement -- the notion of liberation for the black man everywhere -- blossomed. (Pittsburgh Post-Gazette, PA)

    Ghana to Sell Water to Togo Why Africa is Hell!  Jun 25, 2009
    One can also not gloss over the vast seawater that is going waste in the Gulf of Guinea. Forgive me, readers, if one did not mention that naturally healthy stream in your village or that beautiful resource at Nzulezu in the West. (Ghana Web, Ghana)

    Niger Delta militants vow more attacks  Jun 22, 2009
    A recent attack on the presidential palace in neighboring Equatorial Guinea another major oil producer in the Gulf of Guinea region has been blamed on Niger Delta rebels. Oil prices have a tendency to spike upward whenever political instability threatens an area where oil is produced or transported, whether it's in Iran, Iraq, Nigeria, and even the pirate-ridden coastline of Somalia. (Christian Science Monitor -- World)

    Nigeria: Officials Discuss Bakassi Region  Jun 17, 2009
    The Peninsula, located on the Gulf of Guinea, had been the subject of intense and sometimes violent disputes between the African neighbours for decades until they agreed to a UN-backed process to settle the matter. The International Court of Justice (ICJ) resolved the issue with a ruling in 2002. (allAfrica.com)

    New species of phallus-shaped mushroom named after California Academy of Sciences scientist  Jun 16, 2009
    Recently, he has turned his attention to Sao Tome and Principe, located in the Gulf of Guinea off Africa's west coast. Although it is a tiny nation - at 370 square miles, only about eight times the size of San Francisco - it hosts a number of plants, fungi, mammals, birds, reptiles, and amphibians found nowhere else on Earth. (EurekAlert!)

    Mushroom a sexy find - with a racy name  Jun 16, 2009
    Drewes has led three major expeditions to the island nation of So Tm and Prncipe, located in the Gulf of Guinea off the coast of West Africa ... " In more recent history, So Tm and Prncipe were major centers of the slave trade, with Portuguese traders carrying slaves westward to their colonies in Brazil. Later the islands were noted for their cocoa plantations, but that industry has largely died away. And now comes oil: Major American and international companies are drilling into known... (San Francisco Chronicle -- Science)

    Navy Ship Returning To Va From Final Deployment (3:35 p.m.)  Jun 6, 2009
    During its final mission, the Nashville served as the Africa Partnership Station in the Gulf of Guinea and West Africa. It provided security cooperation and training to several African nations. (WTVR.com, VA)

    Oil earnings  Jun 4, 2009
    Deep below the Gulf of Guinea lies the key to Ghana's economic future. After decades of casting jealous looks at its oil rich-neighbours, the taps of Ghana's very own oil boom are about to open. (BBC News -- Business)

    Atlantic searched for lost plane  Jun 2, 2009
    It was to be followed by two other French planes based in Dakar, and a naval vessel currently cruising in the Gulf of Guinea, several days' sailing away. Spain and Senegal have also sent planes to help in the search. (BBC News -- Europe)

    How Nigeria, France co-operation can lift world peace, by envoy  May 29, 2009
    "We encourage an early implementation of the electoral reform with the willingness of the President. We are also concerned with the security in the Niger Delta region. France is determined to give favourable consideration to Nigeria's requests, particularly in the field of training for improvement of security in the Gulf of Guinea.". Dumond added: "We want to contribute more actively to the fight against poverty in Africa, through the new initiative by President Sarkozy, which would be operated... (Guardian News, Nigeria)

    Africa: Continent Should Seize Control of its Development  May 29, 2009
    " Africa is perceived as irrelevant in globalisation because its contribution to manufacturing is less than three percent. And 70 percent of global trade takes place in this sector. For the dynamic Sierra Leonean, Africans want to talk about transformation and not only about the wars in Darfur and the Congo. "But they (the North) don't want to," he says. "The Gulf of Guinea is one of the richest regions in the world but it has the poorest countries. Fishers are coming in from outside and... (allAfrica.com)

    Obamas Visit Whats In It For Us And U.S.?  May 25, 2009
    This shift in global energy patterns to the Gulf of Guinea has led to a significant re-evaluation of foreign policy focus and global alliances, resulting in a multi-layered engagement with countries such as Ghana, that encompasses military and energy security, and development aid ... The United States, in typical Dick Cheneyic oilthink, sees the Gulf of Guinea as offering the opportunity to break with the old politics which saw the U.S. at the mercy of the geostrategic pressure of unstable or... (Ghana Web, Ghana)

    US reaches out in western Africa  May 24, 2009
    Coast Guard members aboard the Nashville instructed African naval officers in security techniques as part of a mission aimed at promoting maritime security in the Gulf of Guinea ... The USS Nashville had stopped at this coastal oil town during a five-month mission to train navies on Africa's western edge to police the Gulf of Guinea, which military officials and analysts warn could become as anarchic as the pirate-infested seas off Somalia ... In the Gulf of Guinea, officials said, helping... (Boston Globe)

    Amnesty Still Open For Militants, Says Yar'Adua  May 23, 2009
    Yar'Adua also affirmed Nigeria's readiness to continue to play peacekeeping roles in Darfur, the Gulf of Guinea and elsewhere on the African continent under the auspices of the African Union Peacekeeping Force "to prevent the breakdown of law and order.". On bilateral relations, the Nigerian leader commended the signing of four agreements between both countries during Mr. Fillon's visit, that would deepen the strategic partnership between Nigeria and France. (Guardian News, Nigeria)

    French PM backs Nigeria's bid for UN Security Council seat  May 22, 2009
    On the security in the Gulf of Guinea and Nigeria's extant territorial waters as a frontline state in this regard, he said by the working agreement between France and Nigeria issued after the meeting between Sarkozy and Yar'Adua, France took note of a number of Nigerian requests, "particularly in the field of training, in order to assist the Nigerian Navy build its capacity in maritime and river control.". "We have taken the opportunity of this visit to Nigeria to sign a Memorandum of... (Guardian News, Nigeria)

    Govt defends military operation in Delta, says Nigeria is safe  May 20, 2009
    Apparently to avoid any surprise attack by the militants on oil facilities, the Nigerian Navy yesterday stepped up surveillance around the Bonga oil field located in the Gulf of Guinea, described as the heart of the Nigerian oil industry. Military sources said the security beef was prompted by the ongoing skirmishes in Delta State. (Guardian News, Nigeria)

    Eutelsat Selects Astrium to Deliver ATLANTIC BIRD(TM) 7 Satellite for 7 Degrees West Video Neighbourhood  May 14, 2009
    - A second footprint for North-West Africa, across the Maghreb countries and extending down to the Gulf of Guinea, will be connected to a payload of up to 12 Ku-band transponders designed for consumer broadcasting services and equipped to meet high demand for Internet access services. Eutelsat Communications first announced the commissioning of a new satellite for the 7 degrees West neighbourhood in February on the occasion of its first-half results for the 2008-2009 financial year. (PR Newswire)

    Think Tank Calls for Action in Niger Delta  May 2, 2009
    Abuja The Niger Delta risks sliding deeper into conflict and criminality and spreading instability across the Gulf of Guinea, unless Nigeria s President Umaru Yar Adua responds constructively to recommendations of a key committee ... Insecurity could spread further across the Gulf of Guinea, and Nigeria s oil production and drive for socio-economic advancement will be even more severely disrupted. (allAfrica.com)

    IMANI Alert: Energy (Government Charges in)  Apr 28, 2009
    The smart thing to do will be to start exploring in the Gulf of Guinea neighbourhood. Equatorial Guinea and San Tome and Principe seem like good prospects. (Ghana Web, Ghana)

    The (smaller, faster, cheaper) future of sea power  Apr 19, 2009
    Rear Admiral Greene emphasizes efforts to reach out to local governments and navies in areas of concern like the Gulf of Guinea, to take advantage of local knowledge and to try to help address the political roots of regional instability. To further facilitate these collaborations, the Navy has greatly expanded its Foreign Area Officers program, which gives young officers an intensive education in the language, politics, and cultures of countries to which they will be posted. (Boston Globe)

    * A Gulf between oil and power  Apr 18, 2009
    Africas Gulf of Guinea nations lack the ability to tackle mounting threats from piracy and kidnapping while the US, a major buyer of their oil, is restricted in its efforts to help them ... There is pretty serious concern in Washington and capitals elsewhere about the Gulf of Guinea, he said ... Sub-Saharan Africa produced more than 9 million barrels of oil per day last year, with the Gulf of Guinea nations accounting for nearly 5 million of the total. (Taipei Times, Taiwan -- World Business)

    Obamas Call Was Not Congratulatory but a Diplomatic Warning  Apr 16, 2009
    Still, it is quite logical, as well as natural, to presume that Mr. Obama, upon his grueling and landmark election victory, had not almost immediately lost his memory, regarding both the location of his new Oval Office and his official telephone, as to tarry until nearly four months after the Ghanaian presidential election to personally congratulate his opposite number on the Gulf of Guinea, as unprecedently hectic as his schedule may be. Besides, for a relatively politically and economically... (Ghana Web, Ghana)

    Ghana .@50.com  Apr 12, 2009
    Ghana is bounded by Burkina Faso to the north; to the south by the Gulf of Guinea (that is the coast), to the east by the Republic of Togo, and to the west by La Cote dIvoire. It has a geographical land-mass of 93,000 sq. miles that easily resembles a rectangular door turned upwards. (Ghana Web, Ghana)

    FASTER RESPONSE  Mar 25, 2009
    The Sahel belt south of the Sahara -- Burkina Faso, Mali, Mauritania, Niger and Senegal -- is growing more arid as desert advances, while countries on the coast of the Gulf of Guinea including Benin, Cameroon, Ghana, Nigeria and Togo are becoming more prone to floods, they say. A rise in global temperatures of 2 degrees Celsius (3. (AlertNet)

    Nigeria: 15,000 Jobs Threatened in Oil Industry  Mar 17, 2009
    Lagos Insecurity and the cost of doing business are driving more oil firms out of Nigeria, along with 15,000 jobs being relocated to Angola and other countries in the Gulf of Guinea. The firms "are reluctantly leaving Nigeria, a country with vast resources and business potential where they already have facilities and installations worth billions of Dollars for a relatively new ground," an official of one of the companies confided on Monday. (allAfrica.com)

    Oil, Gas To Yield Ghana $20 Billion  Mar 17, 2009
    "We are also ready to support government in the protection of the livelihoods of fisher folk and other communities around the Jubilee Oilfield as well as the larger marine ecological zone of the Gulf of Guinea," it pledged. The statement said the World Bank has committed 215 million US dollars in financing Kosmos Energy and Tullow Oil in support of the development of the Jubilee field. (Ghana Web, Ghana)

    More Oil Discovered  Mar 10, 2009
    Tullow is targeting about 4 billion barrels of oil and gas resources in the Gulf of Guinea off Ghana and Ivory Coast. Tullow now has ample funds at its disposal to bring Jubilee, its offshore Ghana discovery, through the development phase and into production, Gerry Hennigan, an analyst with Goodbody Stockbrokers in Dublin, said today in a report. (Ghana Web, Ghana)

    Ghana Oil & Gas Update  Feb 27, 2009
    And that is not very good for companies like Kosmos and Tullow who are gearing up for aggresive drilling across the Gulf of Guinea coast and farther afield ... In the coming years oil prospects across the Gulf of Guinea is likely to become highly intertwined advising close attention from our security strategists. (Ghana Web, Ghana)

    Stakeholders discuss ways to combat unregulated fishing  Feb 27, 2009
    The U.S. Government's commitment to combating IUU fishing is embodied in the visit to Ghana of a US Navy ship, USS Nashville, part of the Africa Partnership Station Initiative, which provided extensive, sustained training and multi-national collaboration on a regional level to help coastal nations achieve security in the Gulf of Guinea. Dr. Francis K.E. Nunoo, Senior Lecturer, Department of Oceanography and Fisheries, said currently, nobody knew exactly how much IUU fishing was taking place but... (Ghana Web, Ghana)

    Reps ask oil firms to pay N222.45 trillion  Feb 24, 2009
    Some payments claimed by some awardees could not be traced to the bank statements," the report of the panel headed by Igo Aguma read in part. The report gave the names of some alleged defaulters in the payment of the signature bonuses. According to the report, OPL 214 was awarded to Esso Expl/Chevron on June 13, 2001 with a total signature bonus of $55 million, of which only $22 million has been paid to date, leaving a balance of $33 million. OPL 324 was awarded to Petroleo Brasiliero/Statoil on... (Guardian News, Nigeria)

    Equatorial Guinea: Demons in Paradise  Feb 22, 2009
    In those times Equatorial Guinea was a Spanish province found in Africa's Gulf of Guinea; 'the Pearl of Africa', it was known as. Today, four decades after its independence, under the dictatorial yoke of Obiang Nguema's family and operating at the pleasure of great powers whose companies freely exploit its oil and timber resources, Equatorial Guinea has emerged as one of the most underdeveloped and corrupt countries in the world, with the Equatoguinean people one of the most terrorised at the... (allAfrica.com)

    Equatorial Guinea: Palace Attack 'Not Coup Plot'  Feb 21, 2009
    Two of the assailants were also reportedly killed, one of the high speed boats destroyed and a score of its crew members suspected to be pirates that have been causing havoc in the Gulf of Guinea, drowned in the Atlantic Ocean. Relevant Links. (allAfrica.com)

    West Africa pirate threat on rise  Feb 21, 2009
    While piracy off Somalia has been grabbing world attention and attracting regular patrols by major navies, attacks on the other side of the continent - in the Gulf of Guinea - risk being overlooked, officials say. Bookmark with. (BBC News -- Africa)

    16 held in coup effort in Equatorial Guinea  Feb 20, 2009
    Men in speedboats attacked the capital, Malabo, which sits on an island off the West African coastline in the Gulf of Guinea. They struck before dawn on Tuesday and were heavily armed, the government said in a statement, but the army, using boats and a helicopter, quickly repelled the attack. (International Herald Tribune)

    Nigeria condemns attack on Equitorial Guinea  Feb 19, 2009
    But MEND, in its response, said it suspects Western powers such as the United States of America (USA) of being behind the attack to create fear in the Gulf of Guinea to justify African Command (AFRICOM), a military project of American government ... " The Spanish State news agency EFE, quoted Equatorial Guinean government spokesman, Jeronimo Osa, as blaming the attack on an armed group operating in the oil-rich Gulf of Guinea in the Niger Delta. Gunmen from the region have previously launched... (Guardian News, Nigeria)

    Equatorial Guinea: Nigerian Govt Denies Links to Palace Attack  Feb 19, 2009
    Asked to clarify if Nigerian militants were actually involved, the minister said: "So far, the investigation we have been able to carry out shows that authorities in Equatorial Guinea themselves are not certain about the identities of those people. But whoever they are, whether they are militants from the Niger Delta or they are mercenaries outside Africa, because we have also had speculations. "This kind of act should be condemned and it is the latest wake-up call for countries all over Africa,... (allAfrica.com)

    Equatorial Guinea: Govt Accuses Delta Militants of Palace Attack  Feb 18, 2009
    Equatorial Guinea is the third oil-producing state in the Gulf of Guinea with a long history of bad governance and authoritarian rule under President Teodoro Obiang Nguema Mbasogo in the past three decades. Reuters, a news agency quoted the government as alleging that the attackers came from the Niger Delta region of Nigeria, an area that had suffered a high incidence of seaborne insurgent attacks, kidnapping and attempts to wreck off-shore oil installation in the last two years. (allAfrica.com)

    Cosmos Energy Seeks Buyers For Ghana Oil Assets  Feb 10, 2009
    The Jubilee field straddles both blocks in the Gulf of Guinea. The person said partners in the blocks, including Tullow Oil PLC and Anadarko Petroleum Corp. (APC), have the right to pre-empt any stake sale agreed by Kosmos. (Ghana Web, Ghana)

    Nigeria scraps S Korea oil deal  Feb 7, 2009
    It paid $9m in cash and offered a letter of credit to pay another $231m, in order to cover their 60% interest in oil blocks OPL321 and OPL323, which are based in deep water in the Gulf of Guinea. The deal was signed with Africa's top oil producer in March 2006 when South Korea's then president Roh Moo-hyun visited Nigeria. (BBC News -- Business)


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