East Africa and the Indian Ocean have witnessed substantial discoveries of oil and gas in the last decade, but the full potential of the region has yet to be realised
Industry
Goldman Sachs tops GlobalData’s M&A financial advisers for oil and gas
Goldman Sachs has secured the top position in the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the oil and gas sector based on deal value for the first three quarters (Q1-Q3) of 2019, according to data and analytics company GlobalData
US provides financing to Tetra4 to develop South Africa’s energy infrastructure
Adam Boehler, CEO of the US International Development Finance Corporation (DFC), has announced the first disbursement of a US$40mn loan to Tetra4 Proprietary Ltd to support the development of critical gas infrastructure and advance energy security in South Africa
Nigeria raises deepwater royalties
Nigeria’s National Assembly has voted through the first-ever change to royalty within the country’s Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act
Africa’s oil and gas industry poised for further growth: PwC report
Africa’s oil and gas industry holds the potential for further growth mainly driven by an increase in investor appetite and a rebound in prices, according to PricewaterhouseCoopers’ (PwC) annual Africa oil and gas review 2019
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