Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Hydrocarbon Processing Refining Databook 2025: Middle East & Africa
The Middle East is focusing on modernisation and expansion projects, while Africa is seeking to reduce its imports of refined products
African divestment deals are back in the frame
After some delay, the much-heralded sale of oil and gas companies’ mature upstream assets in sub-Saharan Africa has gained fresh momentum, with a clutch of deals reaching completion
Indies look to Equatorial Guinea as ExxonMobil pulls out
But even planned exploration activity is unlikely to reverse declining output from mature fields
Vaalco eyes more African growth
The independent plans further Africa-focused expansion and shrugs off the recent coup in Gabon
Maurel & Prom acquires independent Assala
The French firm confirms its position in Gabon
Central Africa’s upstream attracts IOCs
Recent announcements demonstrate sustained interest in the mature region, especially among independents
African LNG growth could come too late to cash in
Can new capacity come online soon enough to capitalise on elevated prices?
Gabon’s production set for further expansion
But significant discoveries are likely needed to prevent output from sliding again later this decade
Vaalco looks to expand
Independent’s CEO sees further opportunities for growth in Africa post-Transglobe merger
Vaalco project set to boost Equatorial Guinea’s upstream
Houston-based independent plans to start oil production in the country in 2026
Equatorial Guinea Gabon
Simon Ferrie
22 February 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Access to capital key to Panoro growth

The producer’s CEO tells Petroleum Economist about its recent acquisitions and the prospects for maturing oil and gas assets in Africa

Oslo-listed Panoro Energy is undergoing a rapid expansion. The firm added to its portfolio recently with the acquisition of west African assets from debt-burdened Anglo-Irish independent Tullow Oil, comprising an expanded holding in Gabon and Panoro’s first move into Equatorial Guinea. Panoro is an E&P specialist with an exclusive focus on Africa. Earlier this month, the company announced the “transformational acquisition” from Tullow of a 14.25pc stake in Equatorial Guinea’s offshore block G (Ceiba and Okume), as well as another 10pc of Gabon’s Dussafu field, bringing its share up to 17.5pc. The deals—which are both expected to be completed in the first half of this year—will increase t

Also in this section
9th OPEC International Seminar
20 May 2025
Petroleum Economist is proud to be an official media partner for the 9th OPEC International Seminar in Vienna
Energean ready to go deep into Africa
20 May 2025
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
A new energy order in the UAE and Saudi Arabia
Opinion
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
Andean upstream feels the heat
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search