The Ugandan government has taken over the Ngassa oilfield and it is likely to begin pumping oil by 2017

Lekoil Oil and Gas, a wholly-owned subsidiary of Lekoil Nigeria, will acquire a 40 per cent participating and economic interest in the Otakikpo Marginal Field from Green Energy International Limited

Tanzania has received five bids for only four oil and gas blocks out of the eight it had offered in its fourth bidding round, industry sources announced

Oil services company Gulf Marine Services (GMS) has announced that it has plans to spend around US$400mn by 2016 and expand into West Africa next year to tap strong demand for its vessels