Weekly news roundup 06/06

BP sells Gulf of Suez oil concessions, Mozambique approves Rovuma LNG development plan and more of this week’s top news

BP agrees to sell its Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company for an undisclosed sum. Read more

Mauritania’s ambassador to the UK declares that the country’s offshore development is expected to provide multi-sector opportunities. Read more

The government of Mozambique approves the Rovuma LNG development plan. The project will produce, liquefy and market natural gas from three Mamba complex reservoirs located in the Rovuma Basin area. Read more

Nigeria’s Department of Petroleum Resources has revoked six oil block licenses due to legacy debts, it said in a public notice on Thursday. Read more

Maersk Drilling announces future launch of first hybrid, low-emission rig. Read more

Want to be at the cutting-edge of developments in African oil & gas? Register below for Africa Oil week 2019 updates – the continent’s leading business intelligence and transaction platform for the industry.