UK-based natural gas explorer in Africa, Ophir Energy (Ophir) has turned into a takeover target for producers such as Royal Dutch Shell Plc (RDSA) as Ophir’s limited cash has hampered its ability to develop finds on its own
Anadarko Petroleum has put up part of its stake in a Mozambique gas field for sale, shortly after Indian billionaire, Venugopal Dhoot, also sought to divest a 10 per cent stake in the field
African Power Generation Limited (AfGen), an affiliate of Gasol plc, has signed a Memorandum of Understanding (MoU) with Ghana National Gas Company Ltd to undertake projects that seek to supply additional gas to Ghana
Nigeria has lost about US$2.7bn in revenue due to a decline in the countrys crude oil production in Q4 2012
Nigerian lender GT Bank and BNP Paribas have been selected by Nigerian Liquefied Natural Gas Company (NLNG) to raise US$1.6bn for the purchase of six LNG carrier ships
