Uncategorised Archives | Page 67 of 119

16th January 2021

Namibian Petroleum Corporation and BW Kudu Sign Farm-In Agreement for Kudu Gas Field

A wholly-owned subsidiary of BW Energy, BW Kudu, and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu's working interest...

15th January 2021

Barkindo says there is no reason to Panic Amidst Iranian Oil Return

During the "Gulf Intelligence Global UAE Energy Forum 2021" on Wednesday, 13th January 2021, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), His Excellency Mohammed Barkindo, addressed the...

15th January 2021

Nigeria: Senate President Assures Work Will Resume on the PIB Soon

At a forum in the Federal Capital Territory of Nigeria, Abuja, on Tuesday, 12th January 2021, the President of the Senate, Ahmad Lawan, said the implementation of Nigeria's Petroleum Industry...

14th January 2021

Guinea-Bissau and Senegal to Sign New Oil Agreement Soon

The President of Guinea-Bissau, Umaro Sissoco Embaló, said that negotiations are on-going with the government of Senegal to reach agreements on the sharing of future oil discoveries believed to exist...

14th January 2021

Total Signs E&P Agreement for an Offshore Block in Egypt

Total will operate the North Ras Kanayis block offshore Egypt, after the signing of an exploration and production agreement with the Egyptian Natural Gas Holding Company. The block is located...

14th January 2021

PwC Projects Much of Africa’s Gas Supply will Come from Nigeria from 2021

In its Africa Oil and Gas Review 2020, themed “Energising a new tomorrow,” PriceWaterhouseCoopers (PwC) encouraged African countries to be strategic in their energy transition plans while exploring opportunities in...

13th January 2021

Egypt Had the Highest Discoveries of Oil and Gas Reserves in Africa in 2020

According to statistics, despite the widespread of a global pandemic, low oil prices and reduction in demand in supply in 2020, Egypt had the highest number of hydrocarbon deposits discoveries...

13th January 2021

NNPC Diversifying Portfolio Beyond Oil Assets – Mele Kyari

Speaking at the Gulf Intelligence "Global" United Arab Emirates Energy Forum 2021, the Group Managing Director of the Nigerian National Petroleum Company (NNPC), Mele Kyari, said that the National Oil...

12th January 2021

IMF Approves $487.5 million for Angola to Aid Recovery from Low Oil Prices

The Executive Board of the International Monetary Fund IMF, announced the approval of $487.5 million to Angola, on Monday, 11th January 2021. The disbursement is to aid the economy of...

12th January 2021

Enyo to Launch in 20 LPG Plants and LPG Station in Nigeria

Enyo Retail and Supply has announced the commencement of a project to invest in twenty (20) liquefied petroleum gas (LPG) plants in Nigeria. The project is to increase the usage...