Maurel & Prom has announced that, following a bid process, it has signed, a Share Purchase Agreement (SPA) with Carlyle International Energy Partners for the acquisition of 100% of the shares in Assala Energy Holdings and all of its subsidiary entities holding the Assala groups entire upstream and midstream asset portfolio in Gabon
As Africa’s burgeoning economies grow, so does the demand for oil and gas
Tullow recently announced that it has gained approval from the Government of Gabon for the extension of several of its Gabon licences to 2046
In a bid to curb the raging inflation in Nigeria, the NNPC Ltd has sought the support of Afrexim Bank through a US$3bn Emergency Crude Repayment Loan
The Katikkiro of Buganda, Charles Peter Mayiga, has explicitly expressed his unwavering support for Uganda’s oil and gas projects, countering the discouragement some have expressed regarding oil production in Uganda
