Led by Energean’s US$405mn acquisition of Energean Israel, Middle East and Africa’s oil and gas industry saw a rise of 6.45% in cross border deal activity during the Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database
Industry
Oil and Gas sector welcomes merger of South Africa’s iGas, PetroSA and SFF
The South African Department of Mineral Resources and Energy (DMRE) has announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel Fund (SFF)
Total acts in transparency on Lake Albert Resources development project
Total has published the studies, independent third-party reviews and social and environmental action plans related to the Tilenga project in Uganda and the East African Crude Oil Pipeline (EACOP) project in Uganda and Tanzania
SDX Energy extends Egypt’s West Gharib PSA for 10 years
SDX Energy Plc, MENA-focused oil and gas company, has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in West Gharib concession in Egypt until 9 November 2031
Africa Oil & Power’s capacity building initiatives backed by the industry
The African Energy Chamber commends HE President Nyusi on receiving the Africa Oil & Power ‘Person of the Year’ award for 2020, to be presented on 8 March
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