Nigeria eyes US$10billion gas-based investment by 2014
NNPC Group Managing Director Andrew Yakubu said at the Offshore West Africa Oil and gas conference on Tuesday in Accra, Ghana that Nigeria’s oil and gas production had been on the decline due to crude oil theft and severe flooding in the Niger Delta.
Read more: Nigeria eyes US$10billion gas-based investment by 2014
ONGC, OIL make joint bid for Mozambique gas stake
Recent discoveries have turned the Rovuma offshore field into a major draw for global energy producers and boosted Mozambique's gas reserves to around 150 trillion cubic feet, enough to supply world number-one importer Japan for 35 years.
Read more: ONGC, OIL make joint bid for Mozambique gas stake
West Africa ‘very promising’ for oil and gas
West Africa has a lot of potential for oil and gas exploration and “major discoveries†could be made in the region.
That’s the view of Vagit Alekperov (pictured), President of oil and gas company Lukoil, who made the comment during a press briefing in London earlier today. He said West Africa, especially Sierra Leone, is a “very promisingâ€Â
Read more: West Africa ‘very promising’ for oil and gas
Oil and gas opportunities in Southern Africa
On 9th January 2013, Finding Petroleum ran a special event with the support of the South African dti, from the High Commission of South Africa
The event reviewed the scope for oil & gas exploration and production in Southern Africa, including Nambia,
