30-10-2014 22:52:00 | by: Administrator | hits: 16869250 | Tags:

Vivo Energy Uganda commissions Fuel & Lubes Management Systems
18-04-2019 | 09:30:00
Vivo Energy Uganda has officially handed over a Fuel and Lubricants Management System to its commercial customers Markh Investments in Ntinda and Q3 Holdings in Bweyogerere.
Africa Oil acquires additional shares of Eco Oil
11-04-2019 | 13:13:25
Africa Oil announced that it has acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas ("Eco") (TSXV:EOG or LSE:ECO) for US$1.05 per common share for a total consideration of US$4,999,998.
[Nigeria] NNPC pledges support for agro-allied industries
11-04-2019 | 11:31:41
The Nigerian National Petroleum Corporation (NNPC), has said that it would support the Federal Government's initiative to diversify the nation’s economy through agriculture.
Aker Energy announces $4.5 million capacity-building support in Ghana
11-04-2019 | 09:27:22
Aker Energy has pledged $4.5 million in support for the Accelerated Oil and Gas Capacity-Building (AOGC) programme in Ghana.
Egypt, IFC sign deal on funding petroleum and natural gas infrastructure projects
10-04-2019 | 06:27:54
Egypt Ministry of Petroleum has signed a memorandum of understanding (MoU) with the International Finance Corporation (IFC) on funding infrastructure projects within the petroleum and natural gas sectors.
Angola to award 49 oil concessions by 2025
10-04-2019 | 06:21:50
Forty-nine oil concessions will be awarded between 2019/2025 for exploration, research, development and production of hydrocarbons in Angola.
NAS to launch ground handling and cargo services in Mozambique
09-04-2019 | 14:27:00
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets will offer comprehensive ground handling and cargo services in Mozambique beginning July 2019.
New revolutionary Shell fuels launch in Morocco
09-04-2019 | 09:19:00
Vivo Energy Morocco and Butagaz brand Liquefied Petroleum Gas have announced the launch of the new generation of Shell fuels.
[Nigeria] Oando divests its residual 25% interest in Axxela to Helios Investments
08-04-2019 | 08:44:00
Oando, Nigerian indigenous energy group, has divested its residual 25% interest in Axxela Limited to Helios Investment Partners, a private equity firm with a focus on investments in Africa.
Shell pays Nigerian Government agencies $6.397b
08-04-2019 | 07:11:00
Over $6.397 billion was paid to the Nigerian government and its agencies in 2018 by Shell exploration and production companies in Nigeria.
Chariot Oil & Gas awarded 75% interest in Lixus Offshore Licence, Morocco
04-04-2019 | 09:44:00
Chariot Oil & Gas has announced that it has been awarded a 75% interest and operatorship of the Lixus Offshore Licence in Morocco.
[Angola] Total launches full-field production on Kaombo with the start-up of the second FPSO
04-04-2019 | 07:31:10
Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Luanda, Angola.
IFC, Ministry of Petroleum and Mineral Resources boosts critical energy infrastructure in Egypt
04-04-2019 | 06:50:00
IFC announced a joint effort with Egypt’s Ministry of Petroleum and Mineral Resources that aims to support Egypt in becoming a regional energy hub for Eastern Mediterranean and improve its energy infrastructure.
[Nigeria] NCDMB, NLN sign content plan for NLNG’s Train 7 project
03-04-2019 | 07:59:40
The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited (NLNG) have signed the Nigerian Content Plan (NCP) for NLNG’s Train 7 project.
[South Africa] Fuel price hikes due to current local and international factors
02-04-2019 | 09:37:34
South Africa fuel consumers will have to dig deeper into their pockets to buy the commodity as the Minister for Energy announced the adjustment of fuel prices based on current local and international factors, with effect from 3 April 2019.
[Kenya] CMA recovers $4.5 million in connection to suspicious trades in KenolKobil shares
01-04-2019 | 15:09:00
The Capital Markets Authority has secured the surrender of potentially illegal gains amounting to $4.5 million, in the context of the ongoing investigations into insider trading on KenolKobil shares.
Equatorial Guinea and key oil and gas companies sign agreements for monetization of gas from the Alen Unit
01-04-2019 | 14:36:33
The Ministry of Mines and Hydrocarbons of Equatorial Guinea executed the Definitive Agreements with the Alen Unit and respective Punta Europa Plant owners to monetize gas from the Alen Unit.
[Interview] Faridah Afadameh, CEO, Ashfar Group, Ghana
01-04-2019 | 12:19:00
Faridah Afadameh is CEO of Ashfar Group, a pan African business enterprise with footprints in West Africa, East Africa and Southern Africa.
[Nigeria] NNPC commences rehabilitation of Port Harcourt Refinery
01-04-2019 | 10:50:15
Nigeria’s effort at ensuring local sufficiency in refined petroleum products is bolstered with the formal commencement of the first phase of the rehabilitation of the 210,000 barrels per day capacity Port Harcourt Refinery complex.
[Kenya] Central Bank Rate retains at 9.00 percent, MPC survey
28-03-2019 | 09:16:00
The Monetary Policy Committee retained the Central Bank Rate at 9.00 percent as at March 27, 2019.
[Nigeria] NNPC assures of 2.3m bpd crude oil production budget benchmark
25-03-2019 | 07:23:00
The Nigerian National Petroleum Corporation (NNPC) has said that the Oil Industry will achieve the 2.3million barrel per day production volume-target for the 2019 budget, assuring that measures have been emplaced to attain the set mark.
[Column] Zwelakhe Gila: Great, South Africa found gas. Now what?
20-03-2019 | 06:05:43
Coming at a time when South Africa’s policy makers are struggling to diversify the country’s energy mix, Total Exploration and Production Southern Africa recently announced a major offshore gas discovery.
Africa Energy announces 3D seismic program offshore South Africa
19-03-2019 | 08:32:00
Africa Energy has announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on Block 11B/12B offshore South Africa.
41billion barrels of crude oil remain untapped in SSA region - NNPC chief
18-03-2019 | 08:28:06
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.
Dangote, Chevron Nigeria enter gas supply agreement
15-03-2019 | 07:00:49
Dangote Fertilizer Limited has entered into a long-term agreement with Chevron Nigeria Limited (CNL) for the delivery of Natural Gas from Chevron's supply portfolio to the fertilizer plant.
Eni announces major oil discovery in Angola
14-03-2019 | 07:19:00
Eni has announced a major oil discovery in Block 15/06 in the Agogo exploration prospect in Angola’s deep water, estimated to contain between 450 and 650 million barrels of light oil in place with further upside.
Eni farms out to Qatar 30% stake participating interest in Morocco exploration blocks
14-03-2019 | 07:07:28
Eni and Qatar Petroleum have signed a farm out agreement to enable Qatar Petroleum acquire a 30% participating interest in 12 exploration blocks in the offshore of Morocco.
Qatar Petroleum enters into Eni’s new exploration block in Mozambique
12-03-2019 | 06:37:00
Qatar Petroleum has entered into an agreement with Eni to acquire a 25.5% participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique.
NNPC to build fertilizer plants in Brass, additional power plants in Abuja, Kaduna, Kano
11-03-2019 | 09:56:00
The Nigerian National Petroleum Corporation has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is expected to add 4,0000 megawatts of power to stabilize the national grid.
NNPC Group MD urges investors to utilize Nigeria’s $48bn Oil & Gas investment opportunities
11-03-2019 | 08:40:00
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has urged investors to utilize the $48b investment opportunities available in the upcoming capital projects within the Oil and Gas Industry.
Aker Energy announces successful drilling results in Pecan well offshore Ghana
07-03-2019 | 10:08:00
Aker Energy, as the operator of the Deepwater Tano Cape Three Points block, announced that it encountered oil in the Pecan South-1A well offshore Ghana.
[Nigeria] NNPC to build additional Independent Power Plants in Abuja, Kaduna and Kano
07-03-2019 | 09:47:00
The Nigerian National Petroleum Corporation has expressed its preparedness to build additional Independent Power Plants in Abuja, Kaduna and Kano which is expected to add 4,0000 megawatts of power to stabilize the national grid.
Vivo Energy concludes transaction with Engen, expands Africa network from 15-23 countries
07-03-2019 | 09:29:00
Vivo Energy has announced its conclusion with Engen Holdings transaction, leading to expansion of its service station network to 8 new countries in Africa.
OTI partners with Puma Energy to gain momentum across Southern Africa
04-03-2019 | 08:25:00
On Track Innovations Ltd. has partnered with Puma Energy in Namibia and Botswana, launching the iFUELGUARD B2B solution
Weatherford completes sale of Algeria land drilling rigs
04-03-2019 | 08:20:01
Oilfield service multinational Weatherford International PLC has completed the sale of four contracted drilling rigs in Algeria.
Eni Angola renews partnership with HALO Trust
28-02-2019 | 14:03:00
Eni Angola, representing Sonangol - Concessionaire and the partners of Block 15/06 - Sonangol P&P and SSI, signed a new donation contract with HALO Trust in support of the demining activity in the country.
Sirius Petroleum finalizing on financing deal for Nigeria block buy
28-02-2019 | 06:54:32
Sirius has announced that it is in advanced stages of discussions on funding which will enable it to conclude a funding facility to be deployed towards the execution of a minimum work programme commitment on the Ejulebe field.
Nigeria to boost domestic gas supply by 600mmscfd
25-02-2019 | 08:05:00
A major step on attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation with the execution of FID on the development of the 4.3trillion cubic feet Assa North/Ohaji South Fields in OML 21.
Anglo African Oil & Gas receives part of debt payment owed to it by SNPC, Congo
21-02-2019 | 07:05:00
Anglo African Oil & Gas has provided an update on the repayment of funds owed to it by SNPC, a Congolese national oil company, in regards to SNPC's 44% holding in the Tilapia Licence.
SDX Energy expands presence in Morocco
18-02-2019 | 10:09:12
SDX Energy Inc. has announced that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.
[Nigeria] Shell, partners sign 300 million cubic feet gas FID
18-02-2019 | 10:07:00
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision agreement for a 300 million cubic feet of gas on Wednesday in Abuja.
[Angola] Seadrill establishes new joint venture with Sonangol
18-02-2019 | 10:04:37
Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
Eni granted two exploration blocks onshore Egypt
18-02-2019 | 09:38:00
Egyptian authorities have granted Eni two exploration blocks onshore Egypt, the first block assigned within the EGPC 2018 competitive bid round
Seadrill establishes new joint venture with Sonangol, Angola
12-02-2019 | 07:33:00
Seadrill Limited announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
Total announces new gas discovery in South Africa, launches petroleum province
08-02-2019 | 07:05:45
Oil and gas exploration company Total has made a significant gas condensate discovery on the Brulpadda prospects.
[Nigeria] NNPC increases gas supply to power
07-02-2019 | 10:26:40
A total of 735 Million Standard Cubic Feet of gas per day (mmscfd) was delivered to gas fired-power plants in November 2018 compared with October 2018 where an average of 627mmscfd was supplied.
[Mozambique] Anadarko announces LNG Sale and Purchase Agreement with Shell
05-02-2019 | 11:19:41
Anadarko Petroleum Corporation has announced the signing of a Sale and Purchase Agreement between LNG and Shell for 2 million tonnes of LNG per annum for a period of 13 years.
[Mozambique] Anadarko announces LNG sale and purchase agreement with CNOOC
04-02-2019 | 07:17:00
Anadarko Petroleum Corporation has announced Mozambique LNG1 Company Pte. Ltd has signed a Sale and Purchase Agreement (SPA) with CNOOC.
African Energy Chamber to provide technical assistance to South Sudan petroleum sector
31-01-2019 | 05:25:00
The African Energy Chamber has entered into an agreement with the Ministry of Petroleum of South Sudan to strengthen the country’s capacity to manage its hydrocarbons sector.
[Nigeria] NNPC proposes collaboration in oil and gas infrastructure among African countries
29-01-2019 | 10:13:42
The Nigerian National Petroleum Corporation has proposed collaboration among African countries in the area of oil and gas infrastructure in order to remain competitive on the global stage.
[Kenya] Monetary Policy Committee retains Central Bank Rate at 9%, survey
29-01-2019 | 08:18:00
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
[Nigeria] Sirius Petroleum signs US$20 million agreement with Barak Fund
29-01-2019 | 06:58:30
Sirius has signed an agreement with Barak for the provision of a US$20 million debt facility, to contribute to the funding of the first phase (Ororo-2 and Ororo- 3 wells) of the Ororo field development.
Uganda, Tanzania come closer to constructing East African pipeline
29-01-2019 | 06:35:00
An intergovernmental ministerial committee meeting between the governments of Uganda and Tanzania agreed to sign the Host Government Agreement for the East Africa crude oil pipeline by the end of June.
RoyalGate Energy extends license in Equatorial Guinea
29-01-2019 | 06:33:00
African independent RoyalGate Energy has been granted an extension on its Block Z license in Equatorial Guinea, with plans to commence drilling as the oil price stabilizes and the market recovers.
[Angola] Eni announces production of a new well in the Vandumbu field
29-01-2019 | 06:13:59
Oil and gas exploration company Eni has announced that it has successfully started production of a well in the Vandumbu field, located 350 km northwest of Luanda.
African Trade Insurance Agency, AFC support a €577 million debt financing facility for West Africa’s largest oil refinery
25-01-2019 | 06:04:00
Côte d’Ivoire’s economy is one of the strongest in sub-Saharan Africa with an anticipated 2018 GDP growth of 7.6 per cent.
Solar-plus-storage beats combined-cycle gas in Jordan and Morocco, study
22-01-2019 | 14:51:00
Solar-plus-storage is already competitive with the world's most efficient form of gas generation in Morocco and Jordan, according to new research from Wood Mackenzie Power & Renewables.
Nigeria federal government to source forex from Dangote Group
22-01-2019 | 09:34:55
The Federal Government in Nigeria will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter's refinery, petrochemicals and fertilizer projects come on stream.
Ten developments that will shape Africa’s energy sector in 2019
21-01-2019 | 10:27:00
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
Vivo Energy strengthens Côte d'Ivoire presence in with new station
21-01-2019 | 09:37:00
Vivo Energy Côte d'Ivoire is strengthening its presence in the Ivorian market with the opening of a new Shell service station in the Municipality of Taabo.
[Nigeria] NNPC to collaborate with African Transportation Union to curb cross-border leakages
21-01-2019 | 08:53:19
The Nigerian National Petroleum Corporation has sought effective collaboration with members of the African Union of Transportation and Logistics Organization to halt incidents of cross-border leakages of petroleum products.
[Nigeria] NNPC to crash the price of cooking gas
17-01-2019 | 16:08:08
The Nigerian National Petroleum Corporation (NNPC) is set to implement effective commercial framework that would halt the export of major components used in the production of cooking gas.
Egypt and Jordan sign supplemental deals on natural gas
15-01-2019 | 14:14:57
Egypt Petroleum Minister Tareq el Mulla has held a meeting with Jordanian Minister of energy and mineral wealth Hala Zawati to discuss the latest developments of joint energy projects.
North Africa, Middle East economic growth improve on strengthened oil exports, imports, World Bank
15-01-2019 | 09:36:00
Growth in the Middle East and North Africa is estimated to have improved to 1.7 percent in 2018, contributed by acceleration in activity of both oil exporters and importers.
Jan De Nul successfully completes first major umbilical installation project in Egypt
15-01-2019 | 07:12:03
Jan De Nul Group has successfully completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, in the North Alexandria region, Egypt.
Vivo Energy Côte d'Ivoire strengthens its presence in the Ivorian market
15-01-2019 | 06:50:00
Vivo Energy Côte d'Ivoire has reinforced its presence in the Ivorian market with the opening of a new Shell station in TAABO.
[Botswana] Strata-X announces Serowe CSG Project drilling
11-01-2019 | 11:29:00
The directors and management of Strata-X Energy Ltd have announced that the company has entered into a turnkey contract for 1 firm plus one optional vertical well with Danos Drilling of Gabarone, Botswana.
[Interview] Tunde Ajala, Executive Director, Dovewell Oilfield Services, Nigeria
10-01-2019 | 13:18:48
Tunde Ajala is the founding executive director of Dovewell Oilfield Services Ltd, a Nigeria oil and gas company.
Vivo Energy Ghana appoints Ben Hassan Ouattara as new MD
10-01-2019 | 13:00:01
Vivo Energy Ghana, the marketers and distributors of Shell branded products and services has appointed Mr. Ben Hassan Ouattara as the new Managing Director (MD), effective 1st January, 2019.
[Nigeria Business Week] Industries partner to reach common goals
10-01-2019 | 10:57:00
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
Aker Energy announces Pecan well success in Ghana
10-01-2019 | 10:05:00
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore, Ghana.
[Libya] Additional production capacity added at Faregh oil field
10-01-2019 | 07:59:00
Waha Oil Company (WOC), a National Oil Corporation subsidiary, has completed preparations on another horizontal well in the Faregh oil field ahead of the planned start of second-phase experimental gas production.
[Libya] NOC records highest annual revenue since 2013
08-01-2019 | 10:41:00
National Oil Corporation (NOC) recorded an average production of 1.107 million barrels per day in 2018 and total revenues of 24.4 billion USD – a five year high and 78% year-on-year increase.
Nigeria records 9% daily crude oil increment in 2018
08-01-2019 | 09:07:33
Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in outgone 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of 1.86million barrels.
Ophir Energy loses Equatorial Guinea's Fortuna due to licence expiry
08-01-2019 | 08:53:00
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
[Nigeria] NNPC records ₦9.85b trading surplus
07-01-2019 | 09:50:00
The Nigerian National Petroleum Corporation has announced a trading surplus of ₦9.85billion for the month of September 2018, a figure higher than the previous month’s deficit of ₦3.90 billion.
[South Africa] Fairfax Africa completes investment in Consolidated Infrastructure Group
07-01-2019 | 09:11:00
Fairfax Africa Holdings Corporation has acquired 178,995,353 ordinary shares of Consolidated Infrastructure Group Limited at a price of ZAR4.00 per share.
[Nigeria] Total starts production at Egina field
07-01-2019 | 07:15:00
Total has started up production from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria.
Nigerian Stock Exchange reviews composition of market indices
04-01-2019 | 06:29:51
The Nigerian Stock Exchange, NSE, has announced the review of the NSE-30, and the eight sectoral indices of the Exchange
[South Africa] Africa Energy starts drilling Brulpadda offshore well
04-01-2019 | 06:10:59
Africa Energy Corp. has announced spud of the Brulpadda-1AX re-entry well on Block 11B/12B offshore South Africa.
Wentworth relinquishes Tembo block, set to close Mozambique office
03-01-2019 | 13:33:00
Oil and gas company Wentworth has announced that it intends to relinquish the onshore Tembo block in Rovuma Basin.
[Nigeria] CNOOC Limited announces Egina Field commenced production
03-01-2019 | 09:27:01
China National Offshore Oil Corporation, CNOOC, has announced Egina Field, located in deepwater offshore Nigeria, has commenced production.
[Mozambique] Area 4 Co-Venture Parties secure offtake commitments for the Rovuma LNG Project
02-01-2019 | 08:30:00
Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners.
[Angola] Sonangol, ExxonMobil sign oil exploration deal
31-12-2018 | 11:00:00
Sonangol EP and ExxonMobil Corporation have signed a Memorandum of Understanding defining the intention of signing the risks with service contracts.
[Angola] Sonangol announces $1 billion financing agreement
28-12-2018 | 06:00:00
Petroleum and natural gas company Sonangol has announced the signing of a US $ 1 billion financing agreement, fully subscribed by the African Export-Import Bank.
[Angola] Sonangol and Total sign agreement to distribute fuels
24-12-2018 | 06:12:17
The Angolan National Fuel Company Sonangol and Total have signed an agreement in Luanda in the "downstream" segment, with an emphasis on logistics and distribution of refined petroleum.
Petroleum industry reforms set Angola on path to growth in 2019
21-12-2018 | 13:00:00
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
Africa Oil announces additional investment in Impact Oil and Gas
21-12-2018 | 10:40:00
Africa Oil Corp. (AOC) has made further investments of $20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK company with exploration assets in South and West Africa.
National Energy Services announces multi-year contract awards in North Africa
20-12-2018 | 06:09:30
National Energy Services Reunited Corp., has reported awards of major multi-year contracts in North Africa and the Gulf region for its Drilling & Evaluation product line.
Mauritania rolls out the welcome mat to investors with new iGuide
18-12-2018 | 11:31:53
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.
Angola joins the forum of gas exporting countries
17-12-2018 | 10:52:43
Angola has been admitted as an observer member of the Forum of Gas Exporting Countries.
[Mauritania] Government awards Total two oil exploration and production contracts
14-12-2018 | 09:05:00
Mauritania government has awarded Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania.
Qatar Petroleum marks its first entry into the Republic of Mozambique
13-12-2018 | 08:36:28
Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Republic of Mozambique.
Eni discovers new oil offshore Angola
13-12-2018 | 07:11:00
Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
Kenyan private sector completes one year of growth, Stanbic Bank report
11-12-2018 | 09:32:00
According to a report released by Stanbic Kenya PMI, operating conditions in Kenya’s private sector economy improved solidly in November, although the rates of growth in output and new orders were marginally below those seen in October.
[Nigeria] NNPC accelerates agreements with bulk purchase marketers
10-12-2018 | 10:18:58
The Nigerian National Petroleum Corporation has fast-tracked agreements with bulk purchase marketers in the country
Egyptian Government approves Mubadala Petroleum and BP in Nour North Sinai Offshore concession
10-12-2018 | 10:09:57
The sale of a 20% participating interest to Mubadala Petroleum and a 25% participating interest to BP in the Nour North Sinai Offshore concession, Egypt, have today been approved by the Egyptian Government.
[Nigeria] NNPC, NCDMB to grow Nigerian content to 70% by 2027
06-12-2018 | 09:40:00
The Nigerian National Petroleum Corporation and the Nigerian Content Development and Monitoring Board have committed to growing Local Content in the Oil and Gas Industry from the current 40 per cent to 70 per cent by 2027.
Egypt, Israel announce $15 billion gas export deal
06-12-2018 | 07:23:09
A $15 billion deal has been announced between Israel and Egypt to export natural gas.
OFID invests $50 million to support Egypt purchase gas, petroleum products
05-12-2018 | 11:20:36
The OPEC Fund for International Development, OFID, has announced it is contributing $50 million to support Egypt’s purchase of crude oil, petroleum products and liquefied natural gas.