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
Industry
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
Tullow agrees US$180mn sale of assets in West Africa to Panoro
Tullow Oil plc has signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and the Dussafu asset in Gabon (the Dussafu Transaction)
Senegalese president calls for national oil and gas reform
Senegalese President Macky Sall has called for a transformation of organisation, management, execution and evaluation processes within the domestic oil and gas sector, as the country prepares to enter oil and gas operations from 2023
Baker Hughes signs agreement to acquire ARMS Reliability
Baker Hughes is acquiring ARMS Reliability, one of the leading global providers of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing and utilities