Uncategorised Archives | Page 48 of 119

1st July 2021

NNPC Concludes Plan to Award EPC Contracts for Kaduna and Warri Refineries

By the end of July, the Nigerian National Petroleum Corporation (NNPC) would have finalised preparations to award rehabilitation contracts for the 110,000 barrels per day (b/d) Kaduna and 125,000 barrels...

30th June 2021

Nigeria Progresses with Acquisition of Stake in Dangote Refinery

According to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, the Corporation has signed term sheets with Dangote Group to purchase a 20% stake in...

30th June 2021

Algeria and Pertamina have Signed an MoU to Collaborate in the Hydrocarbon Value Chain

Sonatrach, the Algerian state-owned oil company, and Pertamina, its Indonesian partner, have signed a Memorandum of Understanding (MoU) to maintain their strategic collaboration to expand their portfolio of activities in...

29th June 2021

DPR’s Report Shows 40 Companies Possess Dormant Refinery Licenses in Nigeria

A refinery status report from the Department of Petroleum Resources (DPR) has shown that forty (40) oil firms possess dormant refinery licenses as at May 2021. The report showed that...

29th June 2021

Zimababwe: Invictus Energy to Commence 2D Seismic Survey in Cabora Bassa by July

Last Friday, Australian explorer, Invictus Energy, announced plans to start a 2D seismic campaign in the Cabora Bassa basin in Zimbabwe in July, after it awarded the contract to Canadian...

28th June 2021

Blue Energy to Build Oil Loading at Buoy Sèmè-Kpodji, Benin Republic

Significant fresh progress has been made since the formal start of construction on the 684 km Beninese side of the Niger-Benin pipeline in the municipality of Sèmè-Kpodji last May. Bluewater...

28th June 2021

Angola Selects VITOL and TOTSA for Gasoline and Diesel Imports Until Next Year

The Angolan National Fuel Society, SONANGOL, has contracted the businesses Vitol and Totsa to import petrol and diesel for the next twelve months, after an international public tender was issued...

26th June 2021

CNOOC Seeks Investors to Drill Oil Wells in Gabon and Senegal

After acquiring Shell's final properties in Gabon in 2019, China National Offshore Oil Corporation (CNOOC), China's third-largest national oil corporation after CNPC and China Petrochemical Corporation, announced its intention to...

25th June 2021

Egypt and Greece are in Talks to Export Electricity Surpluses to Europe

Mostafa Madbouly, Egypt's Prime Minister, revealed on Monday, June 21st, that he is in talks with Greece's Prime Minister, Kyriakos Mitsotakis, to export Egypt's excess natural gas to Europe. The...

24th June 2021

FAR Signs Contract with Stena Drillmax Ice for Drilling in Bambo-1 Well Offshore Gambia

FAR Ltd, an Australian oil and gas exploration firm, has signed a contract with Stena Drilling's Stena Drillmax Ice, to begin drilling operations in the Bambo-1 well, offshore Gambia, by...