JDR, a leading supplier of subsea cables and umbilicals for the global offshore energy industry, has expanded its presence in West Africa through a partnership agreement with Proserv Instrumentation Nigeria
Exploration
GE Oil and Gas expands global footprint with new Sub Saharan Africa facility in Ghana
GE Oil and Gas have opened a new facility in Takoradi Port, Ghana, expanding its global footprint and supporting local investment
DLA Piper advises Sinopec on Chevron acquisition in South Africa and Botswana
DLA Piper has advised China Petroleum and Chemical Corporation, otherwise known as Sinopec, on its acquisition of Chevron Global Energys 75 per cent of the shares in Chevron South Africa Limited and one hundred per cent of the shares in Chevron Botswana Limited
Total start deepwater production in Congo field
Total have started production from the Moho Nord deep offshore project
Tullow Oil issues new shares to raise US$7.5mn
On Friday 19 March, Tullow Oil issued 466.9mn shares at GDP£1.30 (US$1.61), 45.2 per cent lower than the previous days closing share price, causing share prices to fall by 15 per cent