Africa’s oil and gas industry holds the potential for further growth mainly driven by an increase in investor appetite and a rebound in prices, according to PricewaterhouseCoopers’ (PwC) annual Africa oil and gas review 2019
Industry
Africa Oil to acquire Petrobras assets in Nigeria
Canada-based Africa Oil Corp has agreed to acquire a 50 per cent stake in Petrobras Oil and Gas, which owns a stake in producing assets in deepwater Nigeria
IEA: Global energy efficiency progress drops to slowest rate
Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment, according to the International Energy Agency (IEA)
Fluor, JGC and Technip win Rovuma LNG Project in Mozambique
A consortium of Fluor, JGC Corporation of Japan and TechnipFMC of France has been awarded an engineering, procurement and construction contract by Mozambique Rovuma Venture S.p.A. (MRV)
Eni refutes allegations of illegal conduct in Congo
Eni has confirmed that the company’s CEO Claudio Descalzi received a warranty notice by the Prosecution office in Milan, Italy, alleging that Descalzi did not disclose, as per art. 2629 bis of the Italian Civil Code, a potential conflict of interest with regards to the relations between Eni Congo S.A. and the group Petroservice
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