Big Goals for Iran’s First Private Oil Producer
January 14th, 2008
Via Shana, news that Arvandan Oil and Gas Co. was busy setting up the first private oil producing company in Iran. What struck me most about the report was the rather audacious production goals this new venture is reported to have set, namely to “…produce seven percent of the world’s oil, to be the world’s […]
Read more »Africa: A to Z(TE)
January 12th, 2008
Via Stratfor (subscription required), an interesting look at the plans for Chinese telecommunications equipment company ZTE and Libya’s telecom regulator to build the first-ever WiMAX wireless commercial data network in Africa. While the project is intriguing in and of itself, of more note is the fact that this an early example of the coming wave […]
Read more »Tupi: Transforming Petrobras and Brazil
January 12th, 2008
As a recent International Herald Tribune article details, while some of the world’s largest oil producers such as Mexico and Iran are struggling to remain exporters, Brazil is moving in the opposite direction. The enormous Tupi underwater oil field discovered late last year (and blogged about here upon the announcement of such) has the potential […]
Read more »Off The Map In Africa – Balancing Political Risk With Geological Risk
January 11th, 2008
Going to take a break from discussions of supermajors and the New Seven Sisters for one post to highlight an interesting article from Canada’s Globe and Mail introducing a small Toronto Stock Exchange-listed company, Addax Petroleum — Canada’s fifth-largest offshore oil producer (it has no domestic Canadian production), the biggest independent producer in Nigeria and […]
Read more »An Iranian Exploration Deal With Italy
January 11th, 2008
Via Shana (Iran’s Petroenergy Information Network), news that the National Iranian Oil Company (NIOC) and Italian company Edison SpA signed a contract on the exploration of Dayyer Block, an 8,500 square kilometer area that comprises one of 17 offshore blocks in the Persian Gulf. Edison will invest $107 million dollars in the exploration. According to […]
Read more »Challenges & Opportunities Facing Emerging Markets in the Middle East & North Africa
January 10th, 2008
In a recent article published by Knowledge@Wharton, Howard Pack (a professor of business and public policy at Wharton) and Marcus Noland (a senior fellow at the Peterson Institute for International Economics) examined how Arab countries are coping with globalization & exploiting the recent influx of hydrocarbon-based money into their economies. We found the following notes […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.