Uncategorised Archives | Page 62 of 119

15th March 2021

NOC Libya Awards Consultancy Service Contract to Saipem

The National Oil Corporation of Libya (NOC) has awarded a Consultancy Service Contract to Saipem for the development of the Benghazi Oil Technical Centre (BOTC). The specialised Technical Centre is...

15th March 2021

OPEC Predicts Increase in Global Oil Demand in H2 ‘21 in Latest MOMR

In its Monthly Oil Market Report released on Thursday, 11th March 2021, the Organisation of Petroleum Exporting Countries (OPEC) projects that oil demand will rise in the second half of...

10th March 2021

Africa50 and Orabank Sign €75M Loan for Senegal’s Malicounda Power Station Project

Africa50 in partnership with Oragroup, a subsidiary of Orabank, are to provide a loan of XOF 50 billion (approximately €75 million) for the construction of the Malicounda power station, Senegal,...

10th March 2021

Cairn Energy and Cheiron to Acquire Shell’s Assets in the Egyptian Western Desert

Cairn Energy and its consortium partner, Cheiron, have announced the proposed acquisition of a portfolio of upstream oil and gas production, development and exploration interests from Shell Egypt and Shell...

8th March 2021

DPR Nigeria Reviews Five Terms in Gas Production Sharing Contracts

At a public hearing at the Nigerian National Assembly organised by the Joint Committee on Gas Resources and Petroleum Resources, Upstream and Downstream, the Chief Executive Officer of the Department...

8th March 2021

Seplat Expects First Gas Before the End of H1 2022

Seplat Petroleum Development Company Plc has announced that it hopes to commence its first gas flowing to customers before the end of the first half of 2022, at a lower...

7th March 2021

AFRICA IS OPEN FOR BUSINESS

Over the years, African oil-producing countries have been deprived of adequate investments to the largely unexplored reserves lying on the continent. Some countries have made impressive achievements in attracting essential...

7th March 2021

Namibia Re-issues Eco Atlantic its Four Licenses in the Walvis Basin

Eco (Atlantic) Oil & Gas has successfully negotiated the re-issuance of its four licenses in the Walvis Basin in Namibia for ten (10) years. The final confirmation from the government...

6th March 2021

Egypt Extends SDX Energy’s PSA in West Gharib for Ten Years to 2031

SDX Energy has received the final approval from the Egyptian authorities to extend the Production Services Agreements governing the Meseda and Rabul oil fields in the West Gharib concession in...

6th March 2021

Transit Gas and NGMC Commissions 18-Km Gas Pipeline System in Ogun State, Nigeria

Transit Gas Nigeria Limited, a subsidiary of Axxela Limited, in partnership with a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Gas Marketing Company Limited (NGMC), has commissioned...