Africa Oil and Gas News Update Jan 2014

• Hayaat Group invests in E. Africa exploration firm – The Hayaat Group, a private investment company headquartered in Abu Dhabi with a diverse business portfolio, has acquired a 10 per cent share of East Africa-focused explorer Swala Energy for US$3 million.
• OMV buys into offshore Gabon fields – OMV has signed binding farm-in agreements with London-listed independent exploration firm Ophir Energy offshore Gabon in West Africa.
• Petrofac signs local capacity-building MoU in Nigeria.
• BRAZIL: US$2.2 million fund establish for ethanol production
• BG Group brings cheer to Tanzania gas future – Tanzania moves a step closer to realising its liquefied natural gas export potential following the conclusion of a successful drilling campaign by one of the biggest oil and gas operators in the country
• Brazil: Sugar exports fall in November due to fire in Santos port.
• Kenya: Kenya grappling with a sugar deficit.
• Diesel price spike to hurt Brazilian ethanol, says Unica.