News / International

Adnoc to Decrease Oil Sales by 10% in June

In line with the UAE's plan to follow OPEC’s agreement to reduce production, the state-owned Abu Dhabi National Oil Co. (Adnoc) s is cutting back supplies to customers in June.

KIPIC to Become Largest Oil Company in Kuwait

Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) signed early May agreements to transfer contracts of key projects to Kuwait Integrated Petrochemical Industries Company (KIPIC).

Total Signs Two Exploration Deals Offshore Senegal

The first agreement involves an exploration and production sharing contract for the Rufisque Offshore Profond block. The second one sets that Total will perform studies to assess the exploration potential of Senegal’s ultra-deep offshore.

Uganda Shortlists Four Companies for Oil Refinery Project

Uganda shortlisted four companies from which it intends to select the bid winner to construct the the country's $4.27b oil refinery project.

Nigeria’s Oil Production Reaches 2mb/d

The boost in production comes in line with Nigeria’s plan to increase its crude oil output to 3mb/d in the near future.

Libya’s Sharara Field Resumes Operation

Crude oil starts to move through a pipeline connected to the Zawiya refinery.

Iran Stops Gasoline Import

Iran has become self-sufficient in producing the amount of gasoline the country requires on a daily basis.

FAR to Drill FAN South-1 Well in Senegal

FAR Limited has announced that the Senegal joint venture partners will drill the FAN South-1 exploration well, the first pure exploration well to be drilled offshore Senegal since the FAN-1 and SNE-1 discovery wells in 2014.

Cote d’Ivoire to Build LNG Terminal by Mid-2017

An international consortium led by the France's Total SA plans to start construction of a liquefied natural gas (LNG) terminal in Cote d'Ivoire by mid-2017.

Shell Finalizes Vivo Energy Sale

Shell finalized the selling of its 20% shareholding in Vivo Energy Holding B.V. for a total amount of $250m. The selling comes in line with Shell's plan to focus on downstream activity in areas where it can be most competitive.

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