AIM-listed Sirius Petroleum said on 12 June that it was in discussions with BP regarding an offtake and prepayment facility to support the financing of its proposed drilling programme on the Ororo Field. “Discussions with BP and other parties regarding financing are ongoing...

South Sudan plans to divert the vast majority of its share in June crude production to Khartoum in response to calls from Sudan for Juba to step up repayments of arrears. A 600,000-barrel cargo to be lifted from Port Sudan on 7-8 June was due to be awarded to Dutch trader...

Uganda and Tanzania signed an intergovernmental agreement on their proposed $3.55bn crude export pipeline from Lake Albert to Tanga port on 26 May. The agreement was signed in Kampala by Ugandan energy minister Irene Muloni and Tanzanian minister of constitutional and legal...

DP World Group of the United Arab Emirates has started work on a 30-year concession to develop and manage a multipurpose port in the Somaliland commercial capital of Berbera. The $442m project, to be developed in two phases, aims to create a new trading hub for East Africa....

The government of Equatorial Guinea has signed an agreement with Dubai-based Arabian Energy DMCC to work together on the Bioko Oil Terminal. The two sides agreed to collaborate on the development, implementation, construction and financing of the $500m project to develop West...