New Age, a London-based explorer, has sold its 25 per cent stake in the Congo Marine XII offshore license to Lukoil Upstream Congo SAU for US$800mn

Nexans, a global player in the cable and optical fibre industry headquartered in Paris, France, has won an umbilical contract from McDermott Marine Construction Limited for BP’s greater Tortue Ahmeyim project offshore Mauritania and Senegal

Italy’s Eni has made a significant discovery of gas and condensates onshore Nigeria, with reserves estimated at one tcf of gas and 60 mmbbl of condensate as part of its near-field onshore drilling campaign in the Niger Delta

African Liquefied Natural Gas (LNG) is set to attract US$103bn in 2019, with Nigeria, Egypt, South Africa, Mozambique, Senegal and Mauritania leading investment across supply and demand-driven projects

Equatorial Guinea is set to construct the first LNG storage and regasification plant in West Africa, advancing efforts to monetise gas resources through the creation of a domestic gas-to-power infrastructure