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Global Petroleum Provides Update on its Namibian Licenses

Global Petroleum has published an update on the Company's license PEL0094 (Block 2011A) and PEL0029 (Blocks 1910B and 2010A) in Namibia. On the PEL0094 license, Global Petroleum recently purchased 2D...
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Total Kenya Connects 107 Service Stations to Solar Energy

Total Kenya has connected one-hundred-and-seven (107) of its service stations to solar energy, which confirms the subsidiary of the French Oil and Gas group as one of the energy companies...
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Senegal: Woodside Exercises Right to Pre-empt FAR’s Sangomar Sale to ONGC Videsh

Australian giant Woodside has announced that it is exercising its right to pre-empt the sale of FAR Ltd entire participating interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint...
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Sudan Invites Investors to her 6 Billion Barrels of Oil Reserves

The Undersecretary of the Ministry of Energy and Mining, Sudan, Suleiman Hamed, said that the oil reserves in the country are approximately 6 billion barrels. He said this shows that the...
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Banco Comercial Português Publishes Statement on Angola’s Sonangol’s Shareholding

The largest private bank in Portugal, Portugese commercial bank - Banco Comercial Português, S.A. released an official statement to clarify the news about the shareholding of Sociedade Nacional de Combustíveis...
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Afrexim and AEICORP Sign Agreement to Grow the African Energy Sector

The African Export-Import Bank (Afreximbank) and Africa Energy Investment Corporation (AEICORP) has signed a preliminary framework agreement that was brokered by Egypt to enhance the energy sector in Africa. The...
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NNPC Launches Bid for PHRC ‘Engineering, Procurement and Construction’ Phase

The Nigerian National Petroleum Corporation (NNPC) has opened bids for the Engineering, Procurement and Construction (EPC) phase of the Port Harcourt Refining Company (PHRC). The e-launch had the Bureau of...
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Sasol to Divest Interest in Gemini JV to INEOS; Eni to Resume Libyan Operations

Sasol has agreed principle terms with its partner in the Gemini high-density polyethylene joint venture, INEOS, to sell 50% of its interest for $404 million. The transaction is to close...
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TechnipFMC Starts Work on new Hydrocracking Complex in Egypt

TechnipFMC has completed the remaining conditions that are required to enable work to commence on the Engineering, Procurement and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for...
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Sudan Owes $3 billion Oil debt to China, India and Malaysia

The Deputy Minister of Energy and Mines, Sudan, Hamid Suleiman, disclosed that Sudan is owing to China, India and Malaysia, a combined sum of $3 billion. The debt to China...
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