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South Sudan to take Full Control of Oil Sector by 2027

The government of South Sudan has commenced plans to take full control of the world's youngest country's oil sector by introducing a training facility and controlling data storage. In a...
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Foreign Investment Network Holds Meeting with Global Leaders in Upstream Oil and Gas

The Foreign Investment Network - FIN United Kingdom organised a virtual meeting on Tuesday, 12th December 2020, themed "Global Investment Outlook for Upstream Oil & Gas Post COVID-19." FIN is...
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Libyan Sirte Oil Company Reaches Production Rate of Over 100,000 bpd

The National Oil Corporation of Libya announced that Sirte Oil Company has achieved new and unprecedented crude oil production of over 100,000 barrels per day (bpd) compared to its average...
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Tanzania to Resume Oil and Gas Negotiations with IOCs in 2021

The Tanzania Petroleum Development Corporation (TPDC) is hopeful that the Host Government Agreement (HGA) negotiations between the government and International Oil and Gas Companies on the Liquefied Natural Gas (LNG)...
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Nigerian Senate Fixes Crude Oil Price at $40 per barrel for 2021

The Senate of the Federal Republic of Nigeria has passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) and set the benchmark for crude oil...
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Total and Greentech to Build and Operate 35 MWp Solar Plant in Angola

A subsidiary of French oil and gas company, Total - Independent Power Producer (IPP), Total Eren, has obtained the agreement of the Angolan government to build a 35 MWp photovoltaic...
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JICA Launches Study in the Renewable Energy Sector in Tunisia

The Japanese International Cooperation Agency (JICA), Tunisia has announced the launch of a study in the renewable energy sector. The study forms part of the cooperation between Japan and Tunisia...
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Cairn Returns $250 million to Shareholders Upon Completion of Sale of Senegal Assets

Cairn Energy has announced that it has completed all the Government and third-party approvals required under the Sale and Purchase Agreement (SPA) for the sale of all its interests in...
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Equatorial Guinea Forecasts Increased Investments and Hydrocarbon Output in 2021

Equatorial Guinea Ministry of Mines and Hydrocarbons has announced the conclusion of several meetings for the evaluation of the Work and Budget Programs for the development of the country's oil...
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Tanzania Sees an Increase in Gas Production and Supply; Malawi Increases Fuel Price

Wentworth Resources Limited announced an increase in production of natural gas in Mnazi Bay, Tanzania, in November 2020. The increase in demand caused the production at the Bay to rise...
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