Savannah CEO Andrew Knott
Savannah Energy eyes expansion
The Africa-focused independent is looking for additional projects, says CEO Andrew Knott
AIM-listed independent Savannah Energy is the latest firm eyeing upstream expansion opportunities as the oil majors divest African assets. The company is engaged in “exclusive and advanced” negotiations to purchase all of ExxonMobil’s upstream and midstream assets in Chad and Cameroon, CEO Andrew Knott tells Petroleum Economist. The assets include a 40pc operated stake in the Doba oil project and 40pc of the Chad-Cameroon pipeline. Knott says the talks are ongoing, so he was unable to give an update, but the proposed acquisition would initially equate to roughly 35,000bl/d and his firm is seeking to “add value to assets”. Pipeline capacity and total flows are actually higher, at around 129,
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
