Uncategorised Archives - Page 101 of 118

3rd August 2020

Nigeria: ADM through OilBank Pre-qualify for the Ongoing Marginal Fields Bid Round

ADM Energy Plc has qualified for participation in the Marginal Oil Field License Bid Round 2020 in Nigeria, through its local partner, OilBank International. OiBank International is an oil and...

1st August 2020

ExxonMobil Faces the Worst Loss in its History

Exxon Mobil posted its worst loss in history in the aftermath of the effects of the COVID-19 pandemic which has caused a brutal loss to the oil giant's business and...

31st July 2020

Nigeria: There is Need to Cut Oil Production Unit Cost by Local Firms – Kyari, Sylva

According to the Group Managing Director of Nigeria's National Oil Company, the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, Nigeria's high crude oil production cost comes from local oil firms....

31st July 2020

Algeria: Sonatrach and Cepsa Sign MoU for Expansion of E, P & D Activities

Sonatrach and Compañía Española de Petróleos, S.A.U. (Spanish Petroleum Company - Cespa) have signed a Memorandum of Understanding (MoU) to analyse joint growth opportunities in the exploration, development and production...

31st July 2020

Nigeria Signs Bilateral Agreement with Israel for Green Energy Development

The State of Israel and the Federal Republic of Nigeria on Wednesday 29th July 2020, signed a bilateral agreement on the development of green energy in Nigeria. This was the...

30th July 2020

Tullow Provides H1 Update for Ghana, Equatorial Guinea, Gabon and Côte d’Ivoire

Tullow Oil plc has issued a summary of its operational activities and provided trading guidance for the financial half-year to 30th June 2020. The released information is yet to be...

30th July 2020

Tanzania: TANESCO Award Hydropower and Transmission Lines Consultancy to Multiconsult

The Tanzania Electric Supply Company Limited (TANESCO) has awarded the consultancy contracts for the 222MW Rumakali and 358 Ruhudji Hydropower and transmission lines projects to Multiconsult. The Engineering consultancy firm...

30th July 2020

Egypt: Newly Discovered Gas Well Could Produce Up to 32 MMSCFD – El-Molla

The recently discovered gas well offshore Egypt could produce up to 32 million standard cubic feet per day. This was disclosed after tests were conducted on Tuesday, 26th July 2020,...

29th July 2020

South Africa: Air Liquide to Acquire World’s Largest Oxygen Production Site from Sasol

Sasol has made another remarkable progress with its asset disposal program as Air Liquide is the latest company to purchase from the South African integrated energy and chemical company. The...

29th July 2020

Rwanda: BRD, World Bank and SIDA Announces Strategic Fund-Raising

The Development Bank of Rwanda (BRD), the World Bank and the Swedish International Development Agency (SIDA) have announced a strategic fund-raising and collaboration for Rwandan renewable energy firm, Ignite Power....