PetroNor completes Nigeria deal with an eye on Lagos' gas demand
PetroNor has completed its deal for OML 113, in Nigeria, and can now focus on gas development and meeting local demand.
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PetroNor has completed its deal for OML 113, in Nigeria, and can now focus on gas development and meeting local demand.
Okokrim agency detains Knut Sovold as part of a graft probe
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 ...