Downstream

Forte Oil to focus more on fuel distribution operation in Nigeria

ForteForte Oil Plc, Nigeria’s oil and gas company, has announced to sell its upstream services and power operations in Nigeria and divest from Ghana to focus on its main fuel distribution operation

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Africa Oil Corp acquires shares of Africa Energy Corp

AOC AECAfrica Oil Corp (AOC) has acquired 144,956,250 common shares of Africa Energy Corp for US$0.12 per common share

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TWMA will provide drilling waste management services in West Africa’s oil and gas project

RotoMillEnvironmental waste management contractor TWMA has announced to deliver drill cuttings management services to New Age Cameroon Offshore Petroleum (New Age) in a two well, offshore drilling project

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Hapag-Lloyd opens new office in Ghana to manage operations in West Africa

Hapag Lloyd focuses on growing market in Africa 3The global container line shipping company Hapag-Lloyd has opened its new office in Tema, the most important port city in Ghana, to manage its operational activities in the West African region

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Seplat Petroleum achieves robust Q1 2018 growth in Nigeria's oil and gas sector

SeplatNigeria’s independent oil and gas company Seplat Petroleum has achieved a strong quarterly financial performance, with Q1 2018 revenue reaching US$181mn and gross profit US$93mn (51 per cent gross profit margin)

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