GAFA tax: Companies have received their tax notice

"Companies subject to this tax have received a tax notice for the payment of the 2020 installments," said Bruno Lemaire. Not to mention the possible wrath of the American authorities, the GAFA have already taken the lead. Here's how.   The negotiations on the digital tax at the OECD have come to naught. “We had suspended the collection of the tax until the OECD negotiations were concluded. This negotiation failed, so we will collect a tax on the digital giants next December, "explained Bruno Le Maire, the French Minister of the Economy, in mid-October. "Companies subject to this tax have received a tax notice for the payment of the 2020 installments," the Ministry of the Economy said today. Facebook and Amazon "are among the companies" which have been notified "in recent days", assures for its part the Financial Times. So after firing the first ones, what should the French authorities expect from now on? Has

Nigeria: Atlas Petroleum Resumes Drilling Activities at OML 109 Site

OML 109 includes 14 identified and mapped prospects, and a risk-free resource potential of over 500 million barrels of oil.

Atlas Petroleum Resumes Drilling Activities at OML 109 Site

Atlas Petroleum International has just resumed drilling and drilling activities on the wells of OML 109 in Nigeria, in order to improve production at the marginal Ejulebe field. Awarded to Atlas Petroleum International in 1991, the block went into production through the development of Ejubele's discovery in September 1998.

According to Atlas Petroleum, OML 109 includes 14 identified and mapped prospects, and a risk-free resource potential of over 500 million barrels of oil. "Its low cost shallow water operating environment and proximity to existing oil and gas infrastructure such as the Escravos terminal make it one of the most attractive assets in the Niger Delta, with significant potential for unexploited and under-explored oil, "added a press release from the oil company.




"The renewed development of OML 109 will stimulate the growth of local content in Nigeria and support the recovery of the industry after the Covid-19 crisis. As Nigeria steps up efforts to build national capacity and develop Nigerian content, we intend to meet expectations as a major local player in the country, "said Prince Arthur Eze, CEO of Atlas Oranto.

Atlas Petroleum International and Oranto Petroleum are said to represent one of the largest Nigerian and private exploration and production groups in Africa. The companies currently have a large footprint on the African continent, holding 22 oil and gas licenses in 12 jurisdictions.