Blog - Page 114 of 123 - Ibe Kachikwu

29th June 2020

Uganda National Oil Company calls for Joint-venture Partnership in Ongoing Licensing Round

In 2019, the Ministry of Energy and Mineral Resources of the Republic of Uganda announced the bidding round for the country's Second Licensing Round, with the deadline for submission slated...

27th June 2020

Shell Nigeria Evacuates Workers at Bonga oil field over fear of COVID-19 Outbreak

The operator of the offshore Bonga oil field in Nigeria, Shell, is said to have evacuated workers from the field due to an outbreak of COVID-19. The Department of Petroleum...

27th June 2020

Egypt Signs Exploration Agreements with 12 Multinational Oil Companies

The Ministry of Petroleum in Egypt has announced the signing of 12 exploration agreements with major oil companies in the sector. The new agreements cover the main basins of the...

27th June 2020

FAR The Gambia Signs new Joint Operation Agreement with PC Gambia

Although the Senegalese subsidiary of FAR Ltd is considering selling some or all of its assets, the Gambian wholly owned subsidiary of FAR has just signed a Joint Operating Agreement...

26th June 2020

Total and Sonatrach Algeria Extend LNG Supply Deal By 3 Years

Total and Algeria's National oil company, Sonatrach, have agreed to extend their Liquefied Natural Gas (LNG) deal by additional three years. Commenting on the new development in a release on...

26th June 2020

Nigeria’s President to Flag off the Construction of Ajaokuta-Kaduna-Kano Gas Pipeline on June 30th

The President of the Federal Republic of Nigeria, Muhammdu Buhari, will flag off the construction of a $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline on 30th June, 2020. The Minister of...

26th June 2020

The East African Crude Oil Pipeline Shall Commence in the Second Quarter of 2021

After Total's acquisition of 33.334% of Tullow's oil stake, negotiations on the provisions of a Host Government Agreement (HGA) for the East African Crude Oil pipeline (EACOP) project will commence...

25th June 2020

FAR Senegal Cuts Staff Salaries and May Consider Selling Part or All of its Assets in Senegal

FAR Limited has announced a 20 per cent salary reduction for all senior executives and Non-Executive Directors effective July 1, 2020. It also said that it had made staff redundancies....

25th June 2020

Equatorial Guinea Plans on post-COVID-19 Recovery as it Adopts New Petroleum Regulation

“This new regulation allows Equatorial Guinea to continue being a world reference in the hydrocarbons sector." The Ministry of Mines and Hydrocarbons, Equatorial Guinea has announced the adoption of the...

25th June 2020

Sasol Announces the Activation of its Fifth and Sixth Units in the LCCP

Chemical giant, Sasol, announced on Tuesday that the fifth and sixth units at its Lake Charles Chemicals Project (LCCP) have achieved beneficial operations, which has raised the Louisiana ethane cracker...