Africa Finance Corporation (AFC) announced that it will provide US$28mn subordinated loan facility to independent Tunisian energy company Topic SAs to develop Halk El Menzel offshore oil concession block, also known as Helm Project, in northern Tunisia
The Nigerian National Petroleum Corporation (NNPC) announced that the government of France, through the French Development Agency, has set aside US$1.14bn to be invested in the Nigerian oil and gas industry
Baker Hughes (BHGE), part of the multinational conglomerate General Electric (GE) company, announced that it has completed the transaction with GEs oil and gas business, and will bring together industry-leading equipment, services and digital solutions across oil and gas development
Independent, Africa-focused, Australian oil and gas company, FAR has acquired an 80 per cent working interest and Operatorship in Gambias highly prospective offshore blocks A2 and A5 from US and South African-listed oil independent ERIN Energy
Libyas oil production has risen to 1.012mn barrels per day (BPD), as reported by Reuters, topping one million barrels for the first time in four years
