Nana Madwe December 28, 2020
In the past twelve months, the global oil and gas industry has faced significant disruption from COVID-19 and resultant dual supply and demand shocks. In its annual review, Africa Oil & Power (AOP) highlights the key developments that have not only shaped 2020, but also influenced energy investment and policy on the continent in 2021 and beyond.
January
Africa Oil acquired 50% ownership interest in Petrobras Oil and Gas BV for $519.5 million. The remaining 50% will be retained by BTG Pactual E&P. With a view to extensive deep offshore exploration potential in the country, join AOP at the first-ever Nigeria Oil, Gas & Power 2021 Conference & Exhibition for two days of discussions and deal-making surrounding Nigeria’s upcoming gas monetization initiatives, downstream diversification and marginal fields licensing round.