Italian oil and gas company Eni has signed two new agreements with Congo-Brazzaville in a bid to boost the energy development and local growth of the country
Exploration
OPEC considering emergency meeting
Nigerian oil minister Diezani Alison-Madueke has hinted at discontent amongst OPEC’s African members this week, and suggested that there have been discussions about holding an emergency meeting if prices continue to fall
Uganda to award new oil exploration licences in eight years
Uganda has launched oil exploration licensing round for six blocks in Lake Albertine Graben Rift Basin, thereby lifting a moratorium that had been in place since 2007
‘Banks aided most of oil and gas asset acquisitions in Nigeria since 2010’
A new report by Ecobank has revealed that Nigerian banks have financed over 80 per cent of oil and gas asset acquisitions that were concluded in the last five years in Nigeria
Sterling Energy wins extension approval in Madagascar
Sterling Energy has announced that it has secured approval to extend the existing phase of Ambilobe and Ampasindava blocks, offshore Madagascar, to July 2016