Until recently Tunisia was considered to be a minor league and relatively underexplored venue in Africa's rapidly expanding oil & gas scene. This situation has quickly changed with new bid rounds and forced relinquishments creating an opportunity for new companies to come in.
Madagascar's story is a chess game between the French and the Americans, who have been vying for influence for the past decade. Per usual, the real losers are the people, who have been plunged into unimaginable suffering.
Of 46 international oil companies, including firms from China, India and Russia that had their eye on the first major oil deals in post-Saddam Iraq, guess who got the gig? Exxon-Mobil, Shell, Total and BP!