AfrOil Week 23
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Issue 786 11•June•2019 Week 23
Shuffling along
New Age has struck a deal selling down its interest in Marine XII and will recycle some of the pro ts into early-stage exploration.
GUPCO gone
BP is selling its Gulf of Suez assets in order to focus on its large-scale gas plans in Egypt.
SEC trouble
Nigeria’s Oando is ghting a rearguard action against the country’s regulator. e SEC has made a number of accusations about the way in which the oil company continued its business.
Licence time
Angola set out its licence plans at a conference last week. e country has made substantial progress in securing new investments in its critical hydrocarbon sector.
