News / International
Rwanda, DRC Sign Oil Exploration Agreement
The Democratic Republic of Congo and Rwanda have signed a five-year joint exploration agreement for oil under Lake Kivu.
Kenya to Export Oil to China, India
China and India are going to import oil from Kenya under a test program that will be launched in June, in opposition to a prior announcement stating that Kenya would be exporting its oil to buyers in Europe.
GE, Sonelgaz Sign Deal in Algeria
The deal is valued in more than $3b and promotes digital industrial transformation at Sonelgaz’s plants throughout Algeria.
Aqualis Offshore to Manage Bahrain Floatover Project
Aqualis Offshore was contracted by South Korean OCEANUS Company for supplying floatover services offshore Bahrain. Kuwaiti Oil Price Decreases
The price of Kuwaiti oil went down by $0.42 to reach $48.75 per barrel.
Ntorya Appraisal Area Records Material Increase, Tanzania
Solo Oil announced a material increase in its estimate of gas initially in place ("GIIP") linked with the Ntorya gas-condensate discoveries.
South Sudan’s Blocks B1 and B2, Open for Negotiations
South Sudan announced that Blocks B1 and B2 were open for direct negotiation after the failure of talks due to "irreconcilable differences".
Oman, Iraq to Sign Storage Deal
Oman will sign a strategic oil storage deal with Iraq to expand trading capacity.
