GUINEA BISSAU: PetroNor Completes Farm-down to Apus Energy for the Sinapa (Block 2) & Esperanca (Blocks 4A & 5A) License

PetroNor E&P has confirmed the completion of the Guinea Bissau farm-down transaction which was announced on 27th June over the Christmas holiday period, Apus Energy DMCC (APUS) initiated the payment … Read More

GUINEA BISSAU: PetroNor E&P Enters Farm-out of Exploration Licences for upto $85 million

PetroNor E&P AB, a wholly owned subsidiary of PetroNor E&P has entered into a binding agreement to farm-out 100 per cent of its participating interest in the two exploration licences … Read More

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

GUINEA BISSAU: Sinapa (Block 2) & Esperança (Blocks 4A and 5A) licences Extended for 3 years

The Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licences in Guinea-Bissau have been extended for 3 years and are valid until 2 October 2023 during which time there … Read More

SUDAN: Lundin Carried out Fully Legitimate and Responsible Business Operations, Faults Ruling

Following a comprehensive review of all the pre-investigation materials, and an initial assessment of the details of the indictment decision itself, Lundin Energy and its defence counsel say it is … Read More

SOUTH SUDAN: Sweden Indicts Lundin of Complicity in Crime Against International Law

Lundin Energy has announced that the Swedish Prosecution Authority has brought criminal charges against Chairman of the Board Ian H. Lundin and Director Alex Schneiter in relation to past operations in Sudan from 1999-2003 … Read More

Regional Leaders Gather at South Sudan Oil & Power 2021

Celebrating a decade of independence and taking place against a backdrop of sustained peace and resilience, South Sudan welcomes guests to South Sudan Oil & Power (SSOP) 2021; SSOP 2021 … Read More