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Royal Dude, the WMILT stated in their filing to Judge Walrath that they didn't want to respond to the SDNY court summons and start all over again with a new court... So they needed an emergency session with Bankruptcy Court and Judge Walrath, to stop Alice and the SDNY summons.... In the end, what the WMILT wanted, they got....
ND9
Yes, but I meant right now, as of this moment, only 300m common authorized. I wasn’t talking about the future possibilities.,
I thought only 300m shares were authorized.. if so, they can’t issue a billion shares..
Ron_66271, thank you very much for breaking your silence and posting again. It is good to hear your thoughts.
ND9
Wrong, LOL, nice try. That isn't what filing said. Filing didn't say P's weren't Legacy Holders but U's were... You made that up...
The filing stated, "Secondly, there is no such thing as a “Legacy Holder” and Griffin was never in possession of, or entitled to, Liquidating Trust Interests."
What happened to a p is a p? There was to be no difference….
I also don’t think retail will be screwed. That will open up Trust, coop, walrath, wmi, Tepper, hedge funds, etc to massive lawsuits, criminal claims, and more visibility then criminals want…
Jmho
Sure, let’s get another judge and start over…. We can all wait 13 more yrs..
I stated this when Alice filed her first motion.. my concern has always been that she is possibly holding things up… none of us know with 100% certainty if she is.., some say yes, some no…. But if she is holding up the disbursement, then I would rather just have 90% of my money, or whatever the approximate number is, rather than have more delays…. But that is just me.. everybody needs to decide for themselves.
Nd9
If you read the filing, it states the emergency is because the WMILT doesn't want to respond to the Southern District Court of NY... So they would like Judge Walrath, in bankruptcy court, to stop Alice...
Qatar Petroleum CEO warns of dangers of stopping oil & gas investments
June 4, 2021, by Nermina Kulovic
CEO of Qatar’s state-owned oil and gas giant Qatar Petroleum has warned that depriving the oil and gas sector of new investments as the energy transition unfolds could result in big spikes in oil and gas prices in the next few years.
Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and the President and CEO of Qatar Petroleum, highlighted the importance of the ongoing energy transition and said we all have a responsibility to produce energy in a more environmentally sensitive way.
His remarks came during a session on Energy Transformations held as part of the St. Petersburg International Economic Forum in the Russian Federation with the participation of Alexander Novak, the Deputy Prime Minister of the Russian Federation, and Prince Abdulaziz bin Salman Al Saud, the Minister of Energy of the Kingdom of Saudi Arabia, amongst a panel of energy leaders.
Minister Al-Kaabi said energy transition is very much needed and that the environment is front and centre of the strategies by all companies working in Qatar. However, he warned against being driven by an over-excited euphoria that envisages depriving investment from the oil and gas sector.
Minister Al-Kaabi cited a recent International Energy Agency (IEA) report, which called for stopping investment in oil and gas and said, “When we deprive the oil & gas sector from the additional investment you will have big spikes in oil and gas prices in the next few years which will deprive customers and nations from oil or gas and all the byproducts that come with it. This is a dangerous discussion that will harm humanity and about a billion people around the world, who don’t have electricity today”.
The IEA’s recent report has ruffled quite a few feathers, saying that climate pledges by governments to date – even if fully achieved – would fall well short of what is required to bring global energy-related CO2 emissions to net-zero by 2050 and give the world a chance of limiting the global temperature rise to 1.5 °C.
The roadmap sets out more than 400 milestones to guide the global journey to net-zero by 2050. These include no investment in new fossil fuel supply projects and no further final investment decisions for new unabated coal plants.
Stressing the importance of a responsible discussion about the much-needed energy transition, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said: “We all have a responsibility to produce in a more environmentally sensitive way. We are using the best available emissions abatement technology, we are monitoring methane emissions to arrest it, and we are using carbon capture and sequestration”.
The St. Petersburg International Economic Forum is an annual business event for the economic sector, which has been held in St. Petersburg in the Russian Federation since 1997. Since 2005, it has been held under the auspices of the Russian President.
https://www.offshore-energy.biz/qatar-petroleum-ceo-warns-of-dangers-of-stopping-oil-gas-investments/
Qatar Chamber holds meeting with Republic of Equatorial Guinea President
********************************
Qatar establishes formal relations with Sao Tome e Principe. Qatar invests $5B in Nigeria. Qatar Petroleum farms into Angola and Namibia. Qatar holds meetings with Equatorial Guinea...
************************************
Qatar Chamber holds meeting with Republic of Equatorial Guinea President
May 31 2021 10:08 PM
The meeting discussed ways of enhancing trade relations between both countries and how to explore investment opportunities available in Equatorial Guinea.
Qatar Chamber and a delegation of its members and Qatari businessmen held a meeting recently with the President of the Republic of Equatorial Guinea Teodoro Obiang Nguema Mbasogo at the Sheraton Grand Doha Resort & Convention Hotel. The meeting discussed ways of enhancing trade relations between both countries and how to explore investment opportunities available in Equatorial Guinea. The meeting was attended by Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari and second vice chairman Rashid bin Hamad al-Athba, as well as board members Ali bin Abdullatif al-Misnad and Nasser bin Sulaiman al-Haidar, alongside several Qatari businessmen. During the meeting, Mbasogo said his country depends more on oil, and other sectors, such as agriculture could be used for food security projects.
https://www.gulf-times.com/story/692816/Qatar-Chamber-holds-meeting-with-Republic-of-Equat
Actually, if you understand history and what really happened, all 3 are related. In one way or another, all 3 were screwed and or setup to be screwed during the “financial crisis.”
Thank you Mr. Simpson72.
Total and or Shell have probably just been waiting for Qatar to establish formal relations with Sao Tome e Principe. Now that the two countries have formalized relations, Qatar Petroleum can bring in some money and partner with the super-majors in JDZ and EEZ.
JMHO
ND9
Diamondguru, what about the P's?
thanks,
ND9
Kavango oil driller paid Katti as 'media consultant'
**********
Unfortunately, here is the article, in "The Namibian"...
ND9
****************
Kavango oil driller paid Katti as 'media consultant'
News - National | 2021-05-31
by Shinovene Immanuel
https://www.namibian.com.na/102079/read/Kavango-oil-driller-paid-Katti-as-media-consultant
The surprise was going to be that they were going to distribute stock/cash june 30, before she filed with scotus. However, via the source, she found out about their plan..,
Nd9
And here comes Qatar Petroleum. See my previous posts..
SamuraiProgrammer, you really didn’t translate with 100% accuracy. It doesn’t say, “Preferred holders get 75% of new company stock.” It really states, “Preferred holders get 75% of reorganized stock.” There is a difference.
Until assets come back and mr cooper buys them from us with stock and some cash, the stock isn’t “reorganized.”
Jmho
Nd9
Nigeria Inks Massive Oil Deal With Supermajors
By Irina Slav - May 26, 2021, 11:00 AM CDT
Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater Bonga field, the NNPC said in a series of tweets.
The NNPC noted the deal marks a historic moment as it settles long-running disputes between the Nigerian government and international oil companies.
According to the company, the deal could unlock up to $10 billion in new investments in Nigeria’s oil industry. It could also add 150,000 bpd to the country’s oil production, bringing the total output from the block—Oil Mining Lease 118—to 350,000 bpd, Bloomberg reports.
Interestingly, for Shell, the deal comes after earlier this year, chief executive Ben van Beurden said that Shell does not see its upstream oil operations in Nigeria as compatible with its strategy to become a net-zero energy business.
“We cannot solve community problems in the Niger Delta,” said the top executive at Shell, which has encountered numerous problems in Nigeria’s onshore in recent years, including oil theft and pipeline sabotage, as well as lawsuits brought up by local communities over oil spills.
This week, after the news of the deal broke, Shell told Bloomberg that “Through these agreements, stakeholders will have clear and stable set of terms incentivizing further development of the OML 118 block and opening further opportunities in the prolific Nigerian deep water oil and gas industry.”
Despite bearish oil demand forecasts over the long term, Nigeria has serious ambitions in expanding its oil industry. More than 100 oil and gas projects are set to launch over the next five years in Africa’s biggest oil producer, including 25 upstream oil and gas projects, 28 petrochemical projects, and 24 refinery projects. The Bonga field is among the 25 upstream projects, and is expected to start commercial production in 2025.
By Irina Slav for Oilprice.com
https://oilprice.com/Energy/Energy-General/Nigeria-Inks-Massive-Oil-Deal-With-Supermajors.html
International interest? Duh, Total SA (French) in JDZ and eez, royal dutch shell (Netherlands) in eez, Qatar petroluem (Qatar) just established diplomatic ties with STP.
21 days will be mid June.. rather than waiting for June 30, just pay us before mid June and lawsuit probably moot.
BBANBOB,
Why don’t they just accelerate the June 30 disbursement and negate Alice’s latest filing?
Thanks
Nd9
Mr. Simpsons72, thank you very much for posting link to filing.
ND9
5/20/2021 Griffin v. Washington Mutual Inc. et al
Plaintiff: Alice Griffin
Defendant: Washington Mutual, Inc., WMI Liquidating Trust and Mr. Cooper Group Inc.
Case Number: 1:2021cv04554
Filed: May 20, 2021
Court: US District Court for the Southern District of New York
Presiding Judge: Gregory H Woods
Nature of Suit: Contract: Other
Cause of Action: 28:1332ds
Jury Demanded By: None
RSS RSS Track this Docket
Docket Report
This docket was last retrieved on May 21, 2021. A more recent docket listing may be available from PACER.
Date Filed Document Text
May 21, 2021 Filing 9 REQUEST FOR ISSUANCE OF AMENDED SUMMONS as to Mr. Cooper Group Inc., re: #1 Complaint. Document filed by Alice Griffin..(Griffin, Alice)
May 21, 2021 Filing 8 REQUEST FOR ISSUANCE OF AMENDED SUMMONS as to WMI Liquidating Trust, re: #1 Complaint. Document filed by Alice Griffin..(Griffin, Alice)
May 21, 2021 Filing 7 REQUEST FOR ISSUANCE OF AMENDED SUMMONS as to Washington Mutual, Inc., re: #1 Complaint. Document filed by Alice Griffin..(Griffin, Alice)
May 21, 2021 ***NOTICE TO ATTORNEY REGARDING DEFICIENT REQUEST FOR ISSUANCE OF SUMMONS. Notice to Attorney Alice Ellen Griffin to RE-FILE Document No. #4 Request for Issuance of Amended Summons. The filing is deficient for the following reason(s): the wrong filer/filers were selected for the request for issuance of summons. Re-file the document using the event type Request for Issuance of Amended Summons found under the event list Service of Process - select the correct filer/filers - and attach the correct summons form PDF. (vf)
May 21, 2021 ***NOTICE TO ATTORNEY REGARDING DEFICIENT REQUEST FOR ISSUANCE OF SUMMONS. Notice to Attorney Alice Ellen Griffin to RE-FILE Document No. #6 Request for Issuance of Summons, #3 Request for Issuance of Summons, #5 Request for Issuance of Summons. The filing is deficient for the following reason(s): the wrong filer/filers were selected for the request for issuance of summons. Re-file the document using the event type Request for Issuance of Summons found under the event list Service of Process - select the correct filer/filers - and attach the correct summons form PDF. (vf)
May 21, 2021 Case Designated ECF. (vf)
May 21, 2021 Magistrate Judge Sarah Netburn is so designated. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link: #https://nysd.uscourts.gov/sites/default/files/2018-06/AO-3.pdf. (vf)
May 21, 2021 CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge Gregory H. Woods. Please download and review the Individual Practices of the assigned District Judge, located at #https://nysd.uscourts.gov/judges/district-judges. Attorneys are responsible for providing courtesy copies to judges where their Individual Practices require such. Please download and review the ECF Rules and Instructions, located at #https://nysd.uscourts.gov/rules/ecf-related-instructions..(vf)
May 21, 2021 ***NOTICE TO ATTORNEY REGARDING PARTY MODIFICATION. Notice to attorney Alice Ellen Griffin. The party information for the following party/parties has been modified: Mr. Cooper Group Inc., WMI Liquidating Trust, Washington Mutual, Inc, Alice Griffin. The information for the party/parties has been modified for the following reason/reasons: party role was entered incorrectly; party text was omitted. (vf)
May 20, 2021 Filing 6 FILING ERROR - DEFICIENT- SUMMONS REQUEST - FILER ERROR - REQUEST FOR ISSUANCE OF SUMMONS as to Washington Mutual, Inc., re: #1 Complaint. Document filed by Washington Mutual, Inc...(Griffin, Alice) Modified on 5/21/2021 (vf).
May 20, 2021 Filing 5 FILING ERROR - DEFICIENT- SUMMONS REQUEST - FILER ERROR - REQUEST FOR ISSUANCE OF SUMMONS as to WMI Liquidating Trust, re: #1 Complaint. Document filed by WMI Liquidating Trust..(Griffin, Alice) Modified on 5/21/2021 (vf).
May 20, 2021 Filing 4 FILING ERROR - DEFICIENT - SUMMONS REQUEST- FILER ERROR - REQUEST FOR ISSUANCE OF AMENDED SUMMONS as to Mr. Cooper Group Inc., re: #1 Complaint. Document filed by Mr. Cooper Group Inc...(Griffin, Alice) Modified on 5/21/2021 (vf).
May 20, 2021 Filing 3 FILING ERROR - DEFICIENT-SUMMONS REQUEST - FILER ERROR - REQUEST FOR ISSUANCE OF SUMMONS as to Mr. Cooper Group Inc., re: #1 Complaint. Document filed by Mr. Cooper Group Inc...(Griffin, Alice) Modified on 5/21/2021 (vf).
May 20, 2021 Filing 2 CIVIL COVER SHEET filed..(Griffin, Alice)
May 20, 2021 Filing 1 COMPLAINT against Mr. Cooper Group Inc., WMI Liquidating Trust, Washington Mutual, Inc.. (Filing Fee $ 402.00, Receipt Number ANYSDC-24569341)Document filed by Alice Griffin..(Griffin, Alice)
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https://dockets.justia.com/docket/new-york/nysdce/1:2021cv04554/560703
The Huge Potential Qatar Airways Sees In Africa
by James Pearson
May 11, 2021
https://simpleflying.com/qatar-airways-africa-potential/
Qatar Airways Increases Flights to Africa
Özgür Töre 25 January 2021
https://ftnnews.com/aviation/41087-qatar-airways-increases-flights-to-africa
QATAR AIRWAYS IS THE WORLD’S LARGEST AIRLINE
By Geoffrey Thomas
March 26, 2021
https://www.airlineratings.com/news/qatar-airways-worlds-largest-airline/
Qatar Airways Eyes African Expansion With New Abidjan Route
by Mark Finlay
May 2, 2021
https://simpleflying.com/qatar-airways-abidjan-route/
South Africa, Namibia, Angola, Mozambique, Kenya, Guyana, etc, etc... Qatar Petroleum now part of different consortiums with Shell, Total, Sonangol, Eni, etc, exploring in all of these countries.....
.... and now, Qatar just established Diplomatic Relations with Sao Tome e Principe... Why would one of the richest countries, all of a sudden, want to establish relations with one of the smallest and poorest countries?
Hmmmmmm
ND9
Africa’s offshore is a key target area for QP’s international growth strategy,” said QP’s president and CEO Saad Sherida Al-Kaabi, who is also the Qatar Minister of State for Energy Affairs.
**********************
Market Report: Qatar Petroleum Announces Offshore Agreement
May 22, 2020
COTE D’IVOIRE
Qatar Petroleum (QP) announced it has signed farm-in agreements with Total on two blocks offshore Cote d’Ivoire. The Qatari company said it would take 45% stakes in CI-705 and CI-706, in the Ivorian-Tano Basin. The blocks cover around 3,200 square km, with water depths ranging from 1,000 to 2,000 meters. They are 35 km from shore and 100 km from the Foxtrot, Espoir and Baobab fields.
“The acquisition of working interests in these two blocks marks an important addition to QP’s upstream portfolio in Africa and represents the first investment for QP in Cote d’Ivoire. Africa’s offshore is a key target area for QP’s international growth strategy,” said QP’s president and CEO Saad Sherida Al-Kaabi, who is also the Qatar Minister of State for Energy Affairs. Completion of the deals requires customary approval by the local government.
Total was awarded the CI-705 and CI-706 areas in June 2019, with an initial period of three years. The company held 90% stakes in the blocks. Investment in the first phase was agreed to reach $90 million. It also has a 90% stake in CI-605, in ultra-deepwater. The Qatari company has often chosen Total as a partner, buying into the company’s assets offshore Congo Brazzaville and exploration of South Africa.
https://energycapitalpower.com/2020/05/22/market-report-qatar-petroleum-announces-offshore-agreement/
Qatar invests billions, undercuts rivals to maintain LNG market dominance
By ANNA SHIRYAEVSKAYA, STEPHEN STAPCZYNSKI AND VERITY RATCLIFFE on 5/20/2021
MOSCOW (Bloomberg) --The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market.
Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the prospects of new plants elsewhere. It’s also established a trading team to compete in the nascent spot market and pushing into Asia more aggressively, according to people familiar with the matter.
The strategy marks a shift for Qatar, which has barely raised production in the past five years and traditionally prioritized prices over market share. Increased competition, especially from the U.S. and Australia, has forced the Persian Gulf state to become more nimble and attract buyers in Asia, a hot spot for gas demand.
The global transition to renewable energy is adding to the country’s sense of urgency. While LNG was until recently touted as a bridge from coal and oil to the likes of solar and wind power, it’s falling out of favor with some governments as they step up efforts to slow climate change.
“Qatar’s expansion plan is so huge that there are questions on the need for other supply options,” said Julien Hoarau, head of EnergyScan, the analytics unit of the French utility Engie SA. “It’s still the number one, but the U.S. has never been so close, so Qatar needed to move if it wanted to keep its leading position.”
The U.S. came close to overtaking Qatar’s monthly exports for the first time in April, while Australia has been neck-in-neck with the Middle Eastern nation for the last year, according to ship-tracking data compiled by Bloomberg. As Gulf Coast projects develop, the U.S. is slated to briefly become the world’s top supplier by 2024, before Qatar regains that status later in the decade, according to BloombergNEF.
Several factors are playing into Qatar’s hands. China, one of the fastest growing LNG markets, has been reluctant to import more from the U.S. or Australia due to trade and geopolitical tensions.
But Qatar’s main advantage is that it has the world’s lowest production costs thanks to an abundance of easy-to-extract gas, most of it contained in the giant North Field that extends into Iran.
Bonds Coming
Qatar’s state energy company, which may soon sell up to $10 billion of bonds to fund the gas expansion, said the project will be viable even with oil at $20 a barrel, 70% less than current levels. LNG contracts are typically linked to oil.
That’s enabling Qatar Petroleum to set pricing below what other exporters can manage, according to traders. The firm has sold LNG in recent months at around 10% of Brent crude prices, including to China and Pakistan, whereas it used to set the level at 15%.
“Nobody can compete with Qatari costs,” said Jonathan Stern, a senior research fellow at the Oxford Institute of Energy Studies. “They can do whatever they like and everybody will have to respond the way they can. And, especially when the market is in surplus and prices are low, that will impact the competition’s profits.”
QP executives have jetted across Asia over the past few months to ink export deals. Their efforts led in March to a 10-year contract with Beijing-based Sinopec, signed at 10%-10.19% of Brent.
Qatar’s Ministry of Energy and QP didn’t respond to requests for comment.
A few years ago, demand for LNG was projected to rise steeply over the coming decades. Gas emits less carbon dioxide than most other fossil fuels when it’s burned, while renewable-energy projects were still too expensive to power electricity grids, factories and transport on a mass scale.
But solar and wind technology is improving faster than expected, helped in part by massive government green-spending programs triggered by the coronavirus pandemic.
“We’re Not Afraid”
Even as Qatar seeks to make the most of its assets, there are obstacles to it reaching total domination. Many buyers want a diverse group of suppliers. Russia’s Yamal LNG project and the planned Arctic LNG 2 plant, led by Novatek PJSC, are among those that will remain competitive as Qatar ramps up exports, according to analysts at Citigroup Inc.
The biggest U.S. LNG exporter, Cheniere Energy Inc., said it’s unperturbed by Qatar’s moves. Some importers are attracted by American firms offering more flexible delivery terms and pricing that’s not tied to oil, which has soared almost 30% this year.
Cheniere Energy CCO Anatol Feygin
“We’re not afraid,” Cheniere’s Chief Commercial Officer Anatol Feygin told investors this month. “We’re part of a sort of diversification of the supply and contracting structure along with Qatar Petroleum and our friends at Novatek.”
Yet U.S. projects are among those most likely to struggle. At least 10, five of them in Texas and four in Louisiana, probably won’t secure enough financing to be completed, according to analysis from BloombergNEF.
Feedstock costs are part of the problem. American companies have to buy gas at around $2.50 per million British thermal units, way above Qatar’s wellhead prices of $0.30 or lower.
New suppliers in the U.S. need spot LNG prices to be at least $7.80 per million Btu in Asia and $6.80 in Europe, said David Thomas, an independent adviser and former head of LNG at Vitol, the world’s largest independent oil trader. For comparison, Asian rates have averaged about $6.80 over the last five years. The economics for producers in Australia and Africa are similar, Thomas said.
The lack of new supply from other countries will benefit Qatar, Energy Minister Saad Al-Kaabi, who is also chief executive officer of QP, said in an interview with Bloomberg in February. “Our expansion is very timely,” he said.
“The Qatari strategy appears to be maintaining its global market share and also maximizing sales, before the gas market starts to shrink,” OIES’s Stern said. “It is a competitive and strategic rush. They recognize LNG demand will eventually decline as the world moves forward in the energy transition.”
https://www.worldoil.com/news/2021/5/20/qatar-invests-billions-undercuts-rivals-to-maintain-lng-market-dominance
Home construction sees biggest drop since pandemic hit. Here’s why
PUBLISHED TUE, MAY 18 20219:46 AM EDT
https://www.cnbc.com/2021/05/18/home-construction-sees-biggest-drop-since-pandemic-hit-heres-why.html
Another Qatar Petroleum dot:
Well, let's see..... If you are Qatar Petroleum, and maybe you want to invest in the JDZ and or EEZ, what do you do? You (i.e., Qatar) invest money in Nigeria and then establishe relations with Sao Tome e Principe..
Interesting....
ND9
*****************
Onyeama: Qatar To Invest $5b In Nigerian Economy
By Abacus News Hub April 13, 2021
The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey Onyeama, has said.
Onyeama, at a farewell dinner on Sunday in honour of Nigeria’s Ambassador-designate to the State of Qatar, who is also the outgoing Director of Protocol (DOP) at the State House, Ambassador Yakubu Ahmed, stated that recent career ambassadorial appointments made by the federal government was based on merit, experience and professionalism.
He said there had been discussions with Qatar on partnership with Nigeria’s Sovereign Wealth Fund to invest about $5 billion in the Nigerian economy.
He stated: ‘‘Qatar is a weighty and strategic country and very strategic in that part of the world and we are putting our best feet forward to advance the interest of our country economically and in other areas”.
He said President Muhammadu Buhari had visited the State of Qatar in 2016, while the Emir of Qatar, His Highness Tamim Bin Hammad Al-Thani, reciprocated with a state visit in 2019.
Onyeama added that only trusted hands with a track record of diligence, experience and professionalism in the foreign service were recently appointed career ambassadors by the federal government.
The minister said the appointment of Ahmed and other career ambassadors were predicated on posting dedicated and keen foreign service practitioners to serve as image-makers of the country.
He said: ‘‘Ambassador Yakubu Ahmed is a dedicated professional with a penchant for rigour and detail. He is very capable and one of the best in the Ministry of Foreign Affairs. He is personable, affable, extremely friendly, dispassionate and objective.
‘‘He is going to head a very important mission, a very important country, reckoned to be one of the richest countries in the world, per capita, and there’s a lot we will be doing with the State of Qatar.”
Also, the Deputy Chief of Staff to the President, Mr. Adeola Ipaye, described Ahmed as a ‘‘perfect gentleman, very even-natured and always well turned out.’’
Ipaye said he had no doubt that he would serve the country well in Qatar, adding that ‘‘we are further encouraged that when he completes this assignment, he would return to serve Nigeria in a higher capacity.’’
In his remarks, the Permanent Secretary, State House, Tijjani Umar, while congratulating the outgoing DOP on his appointment, lauded Ahmed for excellent service to the State House and the nation.
‘‘He served this institution and the nation with the deepest sense of responsibility and it is very important that we establish a tradition where the system appreciates those who have served it well and those who will continue to serve it well,’’ he said.
He urged Ahmed to keep fond memories of his time at the presidential Villa, assuring him of the prayers and goodwill of all the staff.
Responding, Ahmed thanked Buhari for the great honour and privilege of making him his principal representative in Qatar.
He pledged to deplore his energy and skill to the promotion of the cordial relationship between Nigeria and Qatar, particularly in the areas of economic, political, cultural and consular affairs as well as other key areas.
Ahmed, who joined Nigeria’s Foreign Service in 1993, said during his years in public service, he had learnt that ‘‘patriotism, selfless service, diligence, determination and perseverance will always result in the achievement of the desired objective.’’
https://abacusnewshub.com/onyeama-qatar-to-invest-5b-in-nigerian-economy/
Krombacher, wait until Qatar Petroleum partners with Total and or Shell in STP EEZ and or nigeria/STP JDZ.. then pot will start to boil .
Same thing happened in another African country.. Qatar established relations and then Qatar petroleum partnered with shell and or total...
Nd9
QP farming into ultra-deepwater block off Angola
*************************************
So Qatar Petroleum also partners with Total and Sonangol in Angola.. Total and Sonangol are now also in STP EEZ Block 1. Interesting.... With Qatar establishing relationship with STP, maybe they team up with Sonangol and Total.....
ND9
*****************************************
QP farming into ultra-deepwater block off Angola
Qatar Petroleum has entered into a farm-in agreement with Sonangol and Total to acquire a 30% participating interest in block 48 offshore Angola.
Aug 18th, 2020
https://www.offshore-mag.com/regional-reports/africa/article/14181919/qatar-petroleum-farming-into-ultradeepwater-block-off-angola
Qatar, Sao Tome and Principe establish diplomatic ties.
********************************
Now this is really interesting... Qatar Petroleum is establishing ties with STP (article down at bottom). QP is partners with both Shell and Total, and drilling for oil in other countries per two articles and links directly below.
QP in deal with Shell to become partner in two offshore exploration blocks in Namibia
April 06 2021 07:48 PM
https://www.gulf-times.com/story/688275/QP-in-deal-with-Shell-to-become-partner-in-two-off
Total, Qatar Petroleum extend partnership to Namibia
Aug 27th, 2019
https://www.offshore-mag.com/deepwater/article/14038905/total-qatar-petroleum-extend-partnership-to-namibia
Could it be that Qatar is establishing ties with STP so that they can become partners with Shell and or Total in STP EEZ?
ND9
***************************************************
Qatar, Sao Tome and Principe establish diplomatic ties
05 May 2021 - 9:19
Doha: The signing ceremonies of a joint communique to establish diplomatic relations between the State of Qatar and the Democratic Republic of Sao Tome and Principe took place at the headquarters of the Permanent Mission of the State of Qatar to the United Nations in New York.
Permanent Representative of the State of Qatar to the United Nations Ambassador H E Sheikha Alya Ahmed bin Saif Al-Thani signed the communique on behalf of the government of the State of Qatar, while Charge d’Affaires of the Permanent Mission of the Democratic Republic of Sao Tome and Principe to the United Nations H E Alcinio Cravid E Silva signed the communique on behalf of the government of the Democratic Republic of Sao Tome and Principe.
The two sides affirmed the keenness on strengthening and developing the relations of friendship and cooperation in the political, economic, commercial and cultural fields, and stressed the importance of establishing bilateral relations in accordance with the principles of the UN Charter. Both sides expressed confidence that the establishment of diplomatic relations will contribute to promoting the bilateral cooperation and consolidating the world peace.
https://thepeninsulaqatar.com/article/05/05/2021/Qatar,-Sao-Tome-and-Principe-establish-diplomatic-ties
Nope, that is not correct... but at this point, doesn’t really matter, water under bridge..
Kosmos Energy simply didn't have enough cash last year to survive oil price crisis and continue exploration.. It happened to a lot of companies, even large oil companies... Even the supermajors had to cut back for awhile... Now, Kosmos has shifted gears and this year, are increasing production in Ghana, Equatorial Guinea, and the Gulf of Mexico. AT least they have producing fields and can focus on that... Some companies don't have that..
In addition, a few years ago, they discovered, the 4th largest natural gas find in history, offshore Senegal/Mauritania. Over 100 TRILLION Cubic feet of natural gas.... Their partner, BP, is putting in place the infrastructure, to produce natural gas for the next 30+ years.... Convert 100 TRILLION cubic feet of natural gas to barrels of oil, and you'll see it's BILLIONs of barrels of oil equivalent...
Of course, Kosmos considers STP EEZ Block 5 as a continuation of the Equatorial Guinea basin.. Just draw a straight line from their blocks in Equatorial Guinea, West through STP EEZ Block 5, continuing West to STP EEZ Block 4. That is no coincidence...
In a couple of years, Kosmos might restart exploration... However, right now, that is no longer the focus...
kingpindg, after last years oil price crisis, Kosmos is now focused less on exploration and more on production. However, it's all good.. Once they finish their EG infill wells work to increase production, at some point, they will move farther West, to STP EEZ Block 5...
ND9
wrong, Azcowboy was quoting and responding to a dimples52 quote.. but nice try..
Hopefully the hedge funds and people like Tepper will ensure they get their money and when they do, we will get ours..
Kosmos Energy rig to arrive later this Quarter, drill 3 wells in Equatorial Guinea (see press release at bottom, earlier today)... That is good news. I don't know which prospects Kosmos will drill, but you'll recall, from Kosmos website and investor's presentation directly below (page 15 of 21), they had 1 prospect in block EG-24, that was on the STP EEZ Block 5 border...... and then just inside the STP EEZ block 5 border, another prospect... So both were side by side..
https://investors.kosmosenergy.com/static-files/3bd3f0ef-3129-415d-94b8-841eb6938eca
Equatorial Guinea
Production in Equatorial Guinea averaged approximately 30,200 bopd gross and 10,200 bopd net in the first quarter of 2021. As forecasted, Kosmos lifted 0.5 cargos from Equatorial Guinea during the quarter.
The Okume upgrade project is nearing completion, adding additional power, water injection and gas lift capacity necessary for further facilities de-bottlenecking and additional electrical submersible pumps (ESPs). In April, partners commenced the second phase of the planned ESP program and upgraded the G-19 flowline, which has significantly enhanced production from that well.
A rig has also been contracted for the upcoming infill drilling campaign, which is expected to arrive in country later this quarter to drill the three wells planned this year.
https://www.businesswire.com/news/home/20210509005036/en/Kosmos-Energy-Announces-First-Quarter-2021-Results
Seriously? You think all these delays are because the rich don't want little retail shareholders to get a piece of the pie? If David Tepper is waiting on a billion dollars, you think he cares if some little retailer is going to make $1M? I don't believe that for a second...
You also think the hidden assets will never be released until institutions get 100%... Another crazy theory.. How can they do that when some of us will never, ever, sell our stock? It's impossible to get 100%..
More crazy theories...