Nigeria Liquefied Natural Gas Company (NLNG) is looking for investors to build a US$1.5bn shipyard at Badagry, in an attempt to promote the West African country as a hub for maritime operations in the continent
Downstream
New report reveals rise in midstream M&A in Q1 2015
Midstream oil and gas deals activity, including capital markets and mergers and acquisitions (M&A), increased globally from 129 transactions in Q4 2014 to 139 in Q1 2015, says research and consulting firm GlobalData
Tanzania likely to buy land for US$6mn to construct LNG terminal
Tanzania has earmarked US$6mn to buy land in the upcoming fiscal year, starting 1 July 2015, for the construction of a US$30mn liquefied natural gas (LNG) terminal
Africa Oil Corp raises US$100mn
Africa Oil Corp has entered into an investment agreement with Stampede Natural Resources to sell, on a non-brokered private placement basis, 52,623,377 of its common shares at a price of US$1.9 for gross proceeds of US$100mn
New free port to come up in Ghana for oil and gas companies
Ghana will open a US$600mn free port for oil and gas services to offshore and deep water exploration, development and production companies at Atuabo in 2018
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