Gabriel Mbaga Obiang Lima, minister of mines and hydrocarbons of Equatorial Guinea, has signed a MoU with Timipre Sylva, minister of petroleum resources of Nigeria, to consolidate new opportunities for the hydrocarbons sector allow the counterparts to collaborate on maritime piracy protection strategies
Industry
Wood Mackenzie: IOCs emerge from ‘toughest year ever’ primed for record free cash flow
International oil companies (IOCs) are primed for a V-shaped recovery in free cash flow, and may generate record figures this year should oil prices average US$55 a barrel, according to analysis from global natural resources consultancy Wood Mackenzie
Chariot Oil & Gas Ltd sign deal with Subsea Integration Alliance
Africa-focussed transition energy company Chariot Oil & Gas Ltd has signed a collaboration agreement with Subsea Integration Alliance to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco
Centurion Law Group advises Panoro Energy on Tullow’s oil asset acquisition
African law conglomerate Centurion Law Group has acted as local counsel to Panoro Energy ASA (Panoro) on the US$105mn purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea
Egypt upstream gateway launched
The Egyptian Ministry of Petroleum and Schlumberger have launched the Egypt Upstream Gateway, an innovative national project for the digitalisation of subsurface information
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