Shell backs out of Gulf of Guinea as it turns to southern Africa
The British-Dutch major has been eying exploration and development opportunities south of the equator while it starts a gradual withdrawal from its West African assets. [...]
Equinor keeps slow but steady pressure on Magufuli over Tanzania LNG
Operator in Tanzania of block 2 on which more than 20 trillion cubic feet (tcf) have been discovered, the Norwegian major Equinor has decided to write down the book value of its Tanzanian assets by $982m. [...] (197 words)
Issue dated 09/02/2021
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