East Algoa: discreet business couple team up with Equinor

摘要

The British junior oil firm OK Energy iskeeping a close eye on events as Frenchmajor Total negotiates its entry in the SouthAfrican permit East Algoa owned and operatedby Norwegian concern Equinor ( AEI848). OK Energy holds a 10% share in theoffshore permit. It had bought the entireasset in May 2014 before selling 90% toEquinor (formerly Statoil) in September 2017.OK Energy is headed by two geologists:American Erika Syba and British nationalPaul Barrett. It also holds exploration rightsin South African blocks 3013 and 3113.