Saudi Arabia has plans to invest US$10bn in South Africa through the construction of an oil refinery and petrochemicals plant, according to Saudi Arabias Energy Minister Khalid Al-Falih
Downstream
Tullow to boost East and West Africa oil output
Tullow Oil said that its oil production outlook for Ghana in 2019 is expected to reach 180,000 bopd
Angola to create remarkable opportunities for marginal oil production
The Angolan government aims to boost the current production of crude oil and promote renewed investment in exploration and production in unexplored areas, according to the lawyers and business advisors Centurion Law Group
‘Oil price volatility driving M&A activity in oil and gas industry’
GlobalData’s latest thematic report, M&A in Oil and Gas, suggested that mergers and acquisitions (M&A) have played an important role in helping oil and gas companies survive one of the most turbulent times in the last five years
PCP exits Petro Ivoire
PCM Capital Partners (PCP), managers of the West Africa Emerging Growth Fund (WAEMGF), has announced the Fund’s exit from its investment in Petro Ivoire, a downstream oil and gas sector in Côte dIvoire
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