Industry

Goldman Sachs tops GlobalData’s M&A financial advisers for oil and gas

5151529886 63ec97d1d6 cGoldman Sachs has secured the top position in the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the oil and gas sector based on deal value for the first three quarters (Q1-Q3) of 2019, according to data and analytics company GlobalData

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US provides financing to Tetra4 to develop South Africa’s energy infrastructure

US Africa energyAdam Boehler, CEO of the US International Development Finance Corporation (DFC), has announced the first disbursement of a US$40mn loan to Tetra4 Proprietary Ltd to support the development of critical gas infrastructure and advance energy security in South Africa

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Nigeria raises deepwater royalties

tanker 1242111 640Nigeria’s National Assembly has voted through the first-ever change to royalty within the country’s Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act

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Africa’s oil and gas industry poised for further growth: PwC report

Andries Rossouw new 10Africa’s oil and gas industry holds the potential for further growth mainly driven by an increase in investor appetite and a rebound in prices, according to PricewaterhouseCoopers’ (PwC) annual Africa oil and gas review 2019

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Africa Oil to acquire Petrobras assets in Nigeria

23363841429 61285de877 cCanada-based Africa Oil Corp has agreed to acquire a 50 per cent stake in Petrobras Oil and Gas, which owns a stake in producing assets in deepwater Nigeria

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