Lukoil, a Russian multinational energy corporation, has concluded an agreement with New Age M12 Holdings Limited to acquire a 25 per cent interest in the Marine XII license in the Republic of Congo for US$800mn
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Angola petroleum leaders announce Cabinda and Luanda Refinery agreements
Sebastião Pal Querido Gasper Martins, Sonangol E.P CEO, announced United Shine as the winner of the construction contract for the gasoline production unit of the Luanda Refinery and also signed a partnership agreement with United Shine for the Cabinda Refinery
BP to sell Gulf of Suez oil assets to Dubai’s Dragon Oil
BP has agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company
Eni announces fifth oil discovery offshore Angola
Eni, an Italian multinational oil and gas company, has announced that it has made a fifth oil discovery in one year in Block 15/06 in Angola’s deep offshore
Sierra Leone announces re-opening of fourth licensing round
The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, announced the re-opening of the fourth licensing round on 21 May 2019
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