UncategorizedUK-based Energean to invests $235 mn in offshore concessions in EgyptPritam BordoloiJanuary 25, 2021 by Pritam BordoloiJanuary 25, 2021 Energean will develop the North Amriya and North Idku concessions in offshore Egypt... Read more
FeaturedOil & GasKariya Energy seeks to acquire oil and gas assets in Africa nationsInternational Finance Business DeskSeptember 7, 2020 by International Finance Business DeskSeptember 7, 2020 The company will target producing oil and gas assets, in addition to developing small-scale LNG... Read more
FeaturedOil & GasTotal cancels plans to acquire Occidental’s Ghana assetsInternational Finance Business DeskMay 19, 2020May 19, 2020 by International Finance Business DeskMay 19, 2020May 19, 2020 Struggling market condition in part has led to cancellation of the deal... Read more
Oil & GasPetrobras finally makes an exit from the African continentInternational FinanceJanuary 16, 2020March 18, 2020 by International FinanceJanuary 16, 2020March 18, 2020 Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day... Read more
Oil & GasDragon Oil buys BP’s Egyptian concessions, to invest $1 bnPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 Dragon Oil to increase production to above 75,000 bpd for the next 10 years... Read more
Oil & GasExxon’s $23.6 bn LNG project to be Africa’s biggest private investmentInternational Finance DeskOctober 11, 2019December 2, 2019 by International Finance DeskOctober 11, 2019December 2, 2019 The company has awarded a $13 billion contract to JGC, Fluor and Technip FMC for the Rovuma LNG project... Read more