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

NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI

Heirs Holdings  the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More

EGYPT: Total Led Consortium Enters the North Ras Kanayis Offshore Block

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement … Read More

EGYPT: Eni Makes New Oil Discovery & New Production in the Western Desert

Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, … Read More

EGYPT: Eni, Partners Agree for the restart LNG Plant in Damietta & Settlement of Union Fenosa Gas Disputes

Eni signed today a series of agreements with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS) and the Spanish … Read More