A consortium led by Vitol, Africa Oil Corp and Delonex Energy Ltd has entered into a share purchase agreement (SPA) to acquire a 50 per cent ownership interest in Petrobras Oil and Gas BV for US$1.407bn
Exploration
Lagos in talks with Golar LNG to acquire FSRU to boost energy security
The Lagos State Government says it is in discussions with a provider of a FSRU to deliver off-grid energy security for the region
Oranto Petroleum granted oil blocks in Niger Republic
The Ministry of Petroleum of Niger has decided to grant Blocks R5, R6, Dibella and Dallol to Oranto under the terms outlined in the country’s petroleum code and as determined by the Ministry of Petroleum
RAKGas signs oil exploration agreement with Zanzibar
RAKGas, through its international subsidiary RAKGas Zanzibar Limited, has signed an oil and gas production sharing agreement with the government of Zanzibar, the first of its kind agreement Zanzibar has signed following its implementation of the oil and gas (Upstream) act of 2016
Shoreline Group and Entrepose DBN Nigeria partner for oil and gas projects
Entrepose Group has formed a strategic partnership with Shoreline Group through the sale of 51 per cent of the company’ share capital, aiming to accelerate the development of its local subsidiary Entrepose DBN and its reach throughout the Nigerian oil and gas sectors