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
Exploration
New Baker Hughes to bring fullstream oil and gas solution
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
Gambia approves FAR's 80 per cent stake in offshore blocks
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
Libya's oil production exceeds one million bpd
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
Advances in gas technology set to boost energy diversity in Africa
As countries across Africa seeks to diversify its energy sources, gas will continue to play an important role in powering homes, businesses and industries