India’s state-run companies are looking to acquire stakes in oil and gas blocks in Africa, form joint ventures in the continent and supply all-natural gas to meet increasing fuel demand in the country, according to the Asian nation
Exploration
Eco (Atlantic) Oil & Gas to acquire Pan African Oil in Namibia
Canada-based oil and gas exploration company Eco (Atlantic) Oil and Gas has decided to acquire Pan African Oil in order to solidify its position as an explorer offshore Namibia
China to finance Sonangol projects in Angola
Angola’s state-owned explorer Sonangol will receive US$2bn from China to expand oil and gas projects in the southern African country
Azonto Petroleum secures EEA offshore Côte d’Ivoire field
Azonto Petroleum has been granted an exclusive exploitation authorisation (EEA) covering Gazelle field in Block CI-202 offshore Côte d’Ivoire
African Petroleum enters first renewal period offshore Senegal licence
African Petroleum’s subsidiary African Petroleum Senegal Limited has received approval for the first renewal period on Senegal Offshore Sud Profond (SOSP) licence
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