Sumitomo Mitsui Banking Corporation leads Eni–BP merger in Angola

Engaged in a project to merge their production activity in Angola, the two majors are giving themselves several months to decide whether or not to complete the operation. If the operation is successful, the JV will have to finance itself.

25/05/2021 at 15h41, by Africa Business+

The plan to fully merge Eni and BP in Angola is a game-changer in the balance of power in oil production in the country.

Recommended articles

Oil & Gas

05/04/2023 at 18h21, by Africa Business+

Sonangol head Sebastião Gaspar Martins relaunches Angolan privatisation

The state-owned oil group is selling its shares in the depressed Paenal offshore equipment yard.

Bank

02/12/2022 at 18h27, by Africa Business+

Capital Banking Solutions sets foot in Casablanca with Yassine Ichoudane, targeting African banks

Looking at strong growth in Africa, the publisher of integrated software packages for banking systems...

Oil & Gas

01/06/2021 at 18h39, by Africa Business+

BP chooses renewable specialist Massaer Cissé to lead Senegal

The major engaged in Senegal’s Big Turtle megaproject has recruited its new chief from an electricity...

Oil & Gas

27/05/2021 at 06h58, by Africa Business+

Eni reduced shares in Ikalou, SNPC gets 15% and a bonus

The Italian energy group has welcomed the Société Nationale des Pétroles du Congo (SNPC) in this operating...

News

21/05/2021 at 12h36, by Africa Business+

Oil & Gas

26/05/2020 at 16h35, by Africa Business+

Karim Alaa takes the reins from Hesham Mekawi at BP

After serving for more than two years as Country Manager for Egypt, Karim Alaa will become Senior Vice...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com