SOUTH SUDAN: KLG Advises Savannah Energy on $1.25B Acquisition of Petronas Oil & Gas Business

Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS’s entire oil and gas business in South Sudan for a total cash consideration of up to … Read More

SOUTH SUDAN: PETRONAS to acquire Savannah Energy’s Entire Oil and Gas Business for up to US$1.25 billion

Savannah Energy PLC has announced that it has entered into a Share Purchase Agreement (SPA) with PETRONAS International Corporation Limited to acquire PETRONAS’ entire oil and gas business in South Sudan … Read More

NAMIBIA: Opportunities and Risks of Becoming an International Oil and Gas Player

Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the international oil and gas map. … Read More

Driving Deal-Making in Mozambique Post-COVID

Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas … Read More

African Development Bank, Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for Global Syndicated Finance

The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print … Read More

FPSO Awards Are Set To Recover To Seven Vessels Next Year

Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad … Read More

India to focus on Africa to geographically diversify energy basket

India will increase focus on the African community as a vital region to source petroleum products as a matter of policy according to petroleum minister and natural gas Shri Dharmendra … Read More