PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, and Panoro Energy ASA have agreed to further extend the completion long stop date for the previously announced purchase of Panoro’s fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited (Pan Aje)
Industry
Africa Oil provides positive Egina field operational update in Nigeria
Eginas production continues to increase due to the relaxation of its OPEC+ quota restriction, according to Africa Oil
Limited prospect of global LNG market softening in 2022: ICIS
Tight LNG market conditions are expected to persist in 2021 on the back of resurgent demand, with only a limited easing of availability in 2022, according to a global forecast by ICIS
Stratagraph acquires Technical Drilling Services
Stratagraph, a specialist in geological services to the oil and gas industry for the past six decades, has announced the purchase of Technical Drilling Services (TDS)
Gabon: Tullow Oil completes Dussafu Marin permit asset sale to Panoro Energy
Tullow Oil’s sale of its Dussafu Marin permit asset in Gabon to Panoro Energy ASA (Panoro) has been completed