Egypt will start international bids for oil and gas explorations in various areas on the Red Sea after finishing seismic survey before the end of Q1 2018, said Tarek al-Mulla, minister of petroleum and mineral resources in Egypt

Tanzania’s Swala Oil and Gas has announced to buy up to 40 per cent stake in Orca Exploration Group’s PAE PanAfrican Energy Corporation (PAEM) for US$130mn

The Nigerian National Petroleum Corporation (NNPC) has sold and distributed about 1.352.86bn litres of white products across the country in October 2017, through its downstream subsidiary, the Petroleum Products Marketing Company (PPMC)

Italian oil and gas giant Eni has signed a petroleum agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, which is located in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya