Middle East / Africa

Congo (Brazzaville) flag
Summary | Profile

Country profile: Congo (Brazzaville)

Location: Western Africa, bordering the South Atlantic Ocean, between Angola and Gabon
Climate: tropical; rainy season (March to June); dry season (June to October); persistent high temperatures and humidity; particularly enervating climate astride the Equator
Terrain: coastal plain, southern basin, central plateau, northern basin
Size: 342000 sq. km total (Land area: 341500 sq. km  Water area: 500 sq.km)
Population: 3,903,318
Languages: French (official), Lingala and Monokutuba (lingua franca trade languages), many local languages and dialects (of which Kikongo is the most widespread)
Government: republic
Capital city: Brazzaville
Legal system: based on French civil law system and customary law; has not accepted compulsory ICJ jurisdiction
Currency: Communaute Financiere Africaine franc (XAF); note
Licensing:

Country profile

Congo’s hydrocarbon industry is the country’s primary source of economic growth. According to the World Bank, the oil sector accounts for roughly 65 percent of the country’s gross domestic product (GDP), and oil exports account for around 90 percent of total export revenues. Congo’s oil production has grown over the past year and industry analysts predict continued production growth through 2010.

Congo’s energy consumption is dominated by oil (78 percent), with the remainder coming from hydroelectricity (22 percent). Natural gas, coal, nuclear and other renewables are currently not part of the country’s energy consumption mix.

Energy production and consumption


Oil Gas
Production: 235,900 bbl/day 115 million cu m (2005 est.)
Consumption: 7,000 bbl/day (2005 est.) 115 million cu m (2005 est.)
Exports: 229,700 bbl/day (2004 est.)  
Imports: 11,410 bbl/day(2004 est.)  
Reserves: 1 billion bbl (1 January 2006 est.) 86 billion cu m (1 January 2006 est.)
Major fields:



Congo (Brazzaville) - recent news

20 Jul 20
Congo (Brazzaville): Zenith Energy announces update on the Tilapia licence
Zenith Energy has provided an update on the Tilapia licence in the Republic of the Congo which expired on July 18, 2020. The Company has submitted a comprehensive commercial and technical offer to the Ministry of Hydrocarbons of the Republic of the Congo for the award of a new 25-year licence for the Tilapia oilfield to be named 'Tilapia II'.
07 Jul 20
Congo (Brazzaville): Zenith Energy announces JV agreement for acquisition of second oil production asset in the Republic of the Congo
Zenith Energy has entered into a joint venture agreement with a local oil and gas company in the Republic of the Congo for the potential acquisition of an onshore oil production licence, which is in the vicinity of Tilapia, the Company's recently acquired oil production asset with transformational production potential.
05 May 20
Congo (Brazzaville): Zenith Energy announces completion of Tilapia acquisition and private placement
Zenith Energy has announced the successful completion of the acquisition from AIM listed Anglo African Oil & Gas of a 56 percent majority interest in, and operatorship of the Tilapia oil field, offshore Congo (Brazzaville). The Comany has also completed a private placement to raise an aggregate total amount of approx. £540,000.
04 May 20
Congo (Brazzaville): Zenith Energy announces passing of resolution at AAOG GM for Tilapia acquisition
Zenith Energy has confirmed that the resolution put before shareholders of AIM listed Anglo African Oil & Gas ('AAOG') at a general meeting held on May 4th to approve the sale to Zenith of a 100 per cent interest in its fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo ('AAOG Congo'), has been passed.
17 Apr 20
Congo (Brazzaville): Zenith Energy to acquire Tilapia interest for GBP200,000
Zenith Energy has successfully renegotiated the terms for the acquisition from AIM listed Anglo African Oil & Gas of its fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo, which has a 56 per cent majority interest in, and is the operator of, the Tilapia oilfield in the Republic of the Congo.

Congo (Brazzaville) - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 362

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3514

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426

Geostudies

Current Geostudies articles: 741

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

KL Publishing
Government of South Australia
Rose & Assocs 149
Union Jack Oil 149
OPC
energy365
SLR Consulting logo
Geoespace
Bayphase
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com