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 AFRICA: AMEA Power Awarded the Doornhoek PV 120MW Solar Project

AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced today that it has been awarded a 120MW solar photovoltaic (PV) project in South Africa … Read More

BOTSWANA: Tlou Energy Raises £1.7M Placement be Used for Drilling of Gas Production Wells

Tlou Energy Limited has announced that it has received firm commitments to raise A$3,072,864.71 (~£1.695 million, ~BWP 26.485 million) before expenses pursuant to a placing of 87,796,135 new ordinary shares … Read More

TUNISIA: Production Starts at the Tataouine Photovoltaic Plant

Eni has announced the beginning of production at the photovoltaic plant under its operation in Tataouine, southern Tunisia, following connection to the national grid. The event was celebrated today during … Read More

ALGERIA: Court of Appeal Pronounces Judgment in the Sonatrach 1 Criminal Proceedings against Saipem

Saipem has informs that the Court of Appeal of Algiers has pronounced a judgment in the Sonatrach 1 criminal proceedings, against Saipem Contracting Algérie ongoing since 2010, in Algeria, in … Read More

Savannah Energy Terminates SPA for PETRONAS’ Chad and Cameroon portfolio

Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More

COTE d’IVOIRE: Tullow signs Production Sharing Contract for CI-803 Offshore Exploration Licence

Tullow Oil plc (Tullow) has signed a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity, the remaining 10% … Read More