And the winner of New Age's Marine XII shares is...
According to our sources, Russian firm Lukoil is expected to secure New Age's 25% stake in Marine XII, Congo-B offshore.
Almost three years after coming under the wing of Indonesia's state-owned firm Pertamina, the French oil and gas concern Maurel & Prom, founded by French businessman Jean-Francois Henin, is working to expand its African portfolio as several senior staff members
Middling operating results has set into action a wave of changes at oil & gas junior New Age (African Global Energy). Africa Energy Intelligence investigates as the firm's shareholders send a host of senior management packing, including chairman and founder