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Petronor eyes African expansion


Petronor eyes African expansion
The Norwegian firm is looking for new opportunities on the continent
Oslo-listed independent Petronor is seeking to expand further in sub-Saharan Africa, CEO Knut Sovold tells Petroleum Economist. The firm a joint venture between Norway’s Norenergy and Abu Dhabi’s Petromal recently increased its stake in the Republic of Congo’s PNGF Sud field, operated by Anglo-French explorer Perenco, to 16.8pc from 10.5pc.
The move follows Petronor’s takeover of fellow indie African Petroleum in 2019. Now the firm is seeking to expand further, and is considering both more equity stakes in assets and possible mergers. ....

Abu Dhabi Petromal , Knut Sovold , Petroleum Economist , African Petroleum , Saharan Africa , Abu Dhabi , Guinea Bissau , பெட்ரோலியம் பொருளாதார நிபுணர் ,