Weekly News Round-up

Hot off the press this week!

Ltd. agreed to sell a 30% stake in a natural gas pipeline running from Mozambique to South Africa for as much as 5.1 billion rand ($361 million) to pay down debt. Continue reading

is the latest company to sign a memorandum of understanding () with Algeria’s. Continue reading

Heirs Oil & Gas () has announced the appointment of Osayande Igiehon as chief executive officer. Continue reading

Following Cabinet approval, the Draft Upstream Petroleum Resources Development Bill will now be submitted to Parliament. Continue reading

South Africa makes shale gas find in the Karoo, says energy minister. Continue reading
After half a century of pumping oil out of Nigerian swamps, Royal Dutch Shell Plc acknowledged that its spill-prone operations there aren’t compatible with plans to go green. Continue reading
Petrofac has won a contract from BP for work on operational procedures at the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal. Continue reading
BP and Eni have entered into talks to merge their oil and gas operations in Angola to form one of Africa's largest energy companies. Continue reading

France held a summit on May 18 for African leaders, with discussions around debt, security and energy. Continue reading

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