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Gabonese Government Cancels Sogara Refinery and GOC Merger

The Government of Gabon has reportedly ended the merger project between the Gabonese Refining company (Sogara) and the National Hydrocarbons Company, the Gabon Oil Company (GOC). The decision of a...
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HE Gabriel Obiang Reinstated as Minister of Mines and Hydrocarbons Equatorial Guinea

His Excellency, the former Minister of Mines and Hydrocarbons Equatorial Guinea, Gabriel Mbaga Obiang Lima, has been reinstated to his position by the President of the country. This announcement was...
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Siemens Energy and ETHYDCO Sign a long-term Service Contract in Egypt

Siemens Energy has inked a 10-year service contract with Egyptian Ethylene and Derivates Company, ETHYDCO, for the preventive maintenance of the Energy firm’s gas turbines. The agreement with the petroleum...
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South Sudan to Conduct New Seismic Surveys Before Licensing Round in 2021

In a statement on August 19 2020, the Managing Director of Nilepet, Abel Chol, said South Sudan will be conducting new seismic surveys to increase the number of offers under...
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Qatar Petroleum Acquires 30% Interest in Angolan Block 48

Qatar Petroleum has entered into a farm-in agreement with the National Oil Company of Angola, Sonangol, and French Oil and Gas giant, Total, for the acquisition of a 30% participating interest...
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Total To Resume Operations in Angola By the End of August

The Managing Director of Total Exploration and Production Angola (TEPA) has revealed the French Major's short, medium and long-term plans for its operations in Angola. In an interview with Africa...
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Entire Cabinet of Equatorial Guinea Resigns

The entire Government of Equatorial Guinea was dissolved last weekend during an Extraordinary Council of Ministers meeting. According to a communique issued by the presidency, it read: “The outgoing government...
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Sonatrach and Wintershall Dea Sign Upstream MoU

Wintershall Dea is the latest international producer to sign a memorandum of understanding (MoU) with the state-owned oil company of Algeria, Sonatrach, to open up for the joint exploration of...
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Ugandan Government Rolls out New Timelines for Proposed Refinery Project

The Government of Uganda has renegotiated the project framework agreement of the country's proposed oil refinery to allow the investors enough time to complete the preliminary preparations. The Environment and...
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Chevron, Shell, BP, Total and Exxon Mobil Slash Production, Assets by $50 billion

The five largest oil production companies in the world collectively cut their asset value by almost $50 billion in the second quarter of 2020. They also slashed production rates due...
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