Trouble Is My Business

Helman, Christopher
October 2007
Forbes Asia;10/15/2007, Vol. 3 Issue 17, p36
The article focuses on Addax Petroleum, a petroleum company owned by billionaire Jean-Claude Gandur. The company netted $300 million on revenue of $2.5 billion in 2006. In March 2006, Addax signed production-sharing contracts on three blocks in an offshore area shared by Nigeria and São Tome, São Tome and Principe. Security is increasingly in the fore of Gandur's mind, especially as his empire and fortune have grown large enough to make him a target.


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