Mercuria Energy Holdings SA (Mercuria) has acquired 17 per cent equity stake in Nigeria’s Forte Oil plc (Forte Oil) for US$200mn
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Engen to develop its third fuel depot in Namibia
African energy multinational Engen has decided to develop Namibia’s Ondangwa fuel depot, which is the company’s third investment in the west African nation
PetroSA to build new oil refinery in South Africa
PetroSA has announced that it plans to build a new oil refinery at Coaega in the Eastern Cape, South Africa
Nostra Terra, Independent Resources acquire Egypt asset
A joint venture between Independent Resources and Nostra Terra Oil & Gas is acquiring a producing asset in Egypt
Shell starts production from Bonga Phase 3
Shell Nigeria Exploration and Production Company (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project