Nigerian downstream oil and gas company Swift Oil Limited has acquired a 51 per cent stake in Chorus Energy Limited for nearly US$15mn
Downstream
Gulfstream Energy delivers first fuel shipment to South African ports
Supplier of petroleum solutions Gulfstream Energy has announced the completion of first fuel deliveries to the ports of Richards Bay, Durban, East London and Saldanha in South Africa
Total to invest US$16 billion in offshore Angola oil project
French oil company Total has announced that it will invest US$16bn in the Kaombo oil project offshore Angola
Caracal Energy sells first shipment offshore Cameroon
Caracal Energy has announced that it has exported its first shipment of Badila oil from the Kribi sea terminal offshore Cameroon
Ghana and PetroSaudi International eye refinery joint venture
Ghana is close to signing a joint venture agreement with PetroSaudi International for the revival of its only refinery — Tema Oil Refinery (TOR)