Oil and gas explorer Tullow Oil has announced that it will focus investments on its oil producing assets and existing discoveries in West and East Africa from 2015
Downstream
Angola to start crude oil shipments to Indonesia next year
Angola’s state oil and gas company Sonangol may start exporting crude oil to Indonesia early 2015, company officials said
Mozambique and India to strike oil and gas deal
Mozambique has announced that it will enter into a Memorandum of Understanding (MoU) with India for cooperation in the oil and gas sector for a period of five years
Shell sells Nigerian oil block and pipeline
Shell has agreed to sell its Nigerian oil block and an associated pipeline to Nigerian-based Taleveras Group for US$2.5bn, said sources close to the matter
Dragon Oil set to takeover Petroceltic for US$789mn
Dragon Oil has announced that it has plans to buyout oil firm Petroceltic for US$789mn to boost exploration and output in North Africa and Kurdistan Region of Iraq