Africa has witnessed fairly steady deal flow year-to-date. This includes Tullow Oil’s high-grading and focus on its portfolio, striking deals that allowed it to exit Equatorial Guinea and Gabon – in both cases, the ambitious Panoro Energy was the counterparty. Woodside Energy has also continued to consolidate its position at Sangomar in Senegal, using its pre-emption rights to buy its partner’s positions as they become available.

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