US oil and gas producer Apache will sell a 33 per cent stake in its Egypt oil and gas business for US$3.1bn to state-owned Chinese oil giant Sinopec Group
Technology
South Sudan approves oil sector regulation bill
South Sudan has passed a bill directed at improving the country’s oil and gas industry and transforming its mode of operations to attract investors
Tullow Oil awards FPSO contract to MODEC for Ghana TEN project
MODEC has been awarded a contract by Tullow Oil for the supply and maintenance of a floating production, storage and offloading (FPSO) vessel for Tweneboa, Enyenra and Ntommeoil (TEN) oilfields in the deepwater Tano contract area offshore Ghana
Africa Oilfield Logistics acquires 49 per cent in logistics business firm Ardan
Africa Oilfield Logistics has announced that it has acquired a 49 per cent interest in cash generative oilfields and logistics business firm Ardan Risk & Support Services
AGR signs well management service contract with Svenska Petroleum Exploration
Global oil services provider AGR has announced that it has signed a contract with Svenska Petroleum Exploration to deliver well management services for the latter’s offshore Guinea Bissau drilling campaign