UAE’s LuLu Group Set For IPO Next Year As It Plans Expansion
October 14th, 2022
Via The National, a report on the UAE’s LuLu Group’s planned expansion: Abu Dhabi’s LuLu Group International is planning to launch an initial public offering next year and has hired investment bank Moelis to advise it on the deal, according to a company representative. The move comes as the retail conglomerate plans to expand its operations across […]
Read more »Libyan PM Defends Controversial Hydrocarbon Deal With Turkey
October 14th, 2022
Via AfricaNews.com, a report on Libya’s controversial hydrocarbon deal with Turkey: Head of Libya’s Tripoli-based government, Abdelhamid Dbeibah, has defended a hydrocarbon exploration deal in Libyan waters signed with Turkey that has been criticized by his political rivals and regional countries. “The Turkish-Libyan memorandum is based on bilateral agreements concluded before 2011. (…) It is our […]
Read more »Africa’s Longest Oil Pipeline Takes Shape In Niger
October 14th, 2022
Via Oil & Gas Daily, a look at Africa’s longest oil pipeline project: Chinese and Nigerien workers haul giant steel pipes over mounds of earth as heavily armed soldiers keep guard. At Gaya in southwest Niger, near the border with Benin, the longest oil pipeline in Africa is being built. With a projected length of nearly […]
Read more »Indonesia Plans to List Unit of Flagship Oil Group Pertamina This Year
October 10th, 2022
Courtesy of The Financial Times, an article on Indonesia’s plans to list a unit of its flagship oil group Pertamina this year: Indonesia plans to list a unit of its government-run oil group Pertamina this year, stepping up a partial privatisation push as part of reforms to its $606bn state-owned enterprise sector. The initial public offering […]
Read more »Pipe Dreams (cont’d): TAPI
October 10th, 2022
Via Times of Central Asia, the latest on a decades-long vision that seems unlikely to truly advance any time soon: Afghanistan’s Ministry of Foreign Affairs (MoFA) said that the delegation of the Islamic Emirate (Taliban-led Afghan government) on a visit to Turkmenistan reached agreements on important issues related to the TAPI (Turkmenistan, Afghanistan, Pakistan, India) […]
Read more »Nigeria’s $25 Billion Gas Line May Get Investment Nod Next Year
October 10th, 2022
Via Bloomberg, a report on a potential $25B gas line from Nigeria to Morocco: An investment decision on a $25 billion gas pipeline from Nigeria to Morocco that could supply the fuel to Europe will be taken next year, the head of the West African nation’s state oil company said. The Nigerian National Petroleum Co. and Morocco’s […]
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.