Woes in Africa, including high taxes and a write-down from a partner’s default, shrunk profits at Houston player Vaalco, the company has announced
Downstream
Award of Exploration Interests in Namibia
Serica Energy  awarded 85 per cent interest in Petroleum Agreement covering four large  blocks and part blocks in the prospective Luderitz Basin, offshore  Namibia 
East African gas hub could witness flurry of M&A activity
Significant natural gas discoveries in East Africa could spur increase in merger and acquisition activity over the next year
 
                         
                         
                        



