Libya’s oil output levels has climbed back up to 1.3mn bpd, according to the country’s deputy oil minister
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Petrobras and BTG Pactual sign US$1.53 billion JV deal
Petrobras and BTG Pactual have entered into a US$1.53bn binding agreement to establish a 50-50 joint venture (JV) for oil and gas exploration and production (E&P) in Africa
Kenya and Uganda looking for investors to build 350km pipeline
Kenya and Uganda have announced that they plan to build a 350km oil pipeline from the Port of Mombasa to Uganda and that they are looking for investors
Samsung wins offshore oil facility deal in Nigeria
Samsung Heavy Industries has announced that it has clinched a US$3bn deal to build an offshore oil storage facility for a Nigerian firm
Lukoil acquires oilfield stake offshore Côte d’Ivoire
Russian oil company Lukoil has acquired 65 per cent stake of Block CI-504 offshore Côte d’Ivoire in West Africa