Kosmos Energy has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC to farm down interests in Suriname, Sao Tome & Principe and Namibia for approximately US$95mn million plus future contingent payments of up to US$100mn
Industry
ExxonMobil announces emission reduction plans
ExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15-20% by 2025, compared to 2016 levels
Equatorial Guinea makes advances on 100-Day petroleum milestones
Drilling plans, natural gas downstream investments, cross-border negotiations and a complete overhaul of the mining sector are just a few of the initiatives that Minister of Mines and Hydrocarbons HE Gabriel Mbaga Obiang Lima’s team has undertaken in recent months
Vroon support Eni's offshore drilling campaign in Mozambique
Vroon has fixed a charter with Italian oil and gas company Eni on a long-term offshore drilling project in Mozambique
Africa Oil receives Kenya licence extensions to the end of 2021
Africa Oil Corp has announced that the company and its joint venture partners have received extensions to their 10BB/13T blocks exploration licences in Kenya to the end of 2021
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