News / International

Saudi Arabia to Cut Light Crude Prices to Asia

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

Penspen Wins Contract for Mozambique-Zimbabwe Pipeline

The Feruka-Harare pipeline project, established between the governments of Mozambique and Zimbabwe, will have its engineering, procurement services, construction and commissioning supervision handled by Penspen.

McDermott Launches Graduate Training Program in the Middle East

McDermott's two-year course will provide job-coaching from McDermott’s engineering, fabrication, marine, supply chain, commercial, and safety divisions. The training is available for students in Saudia Arabia and UAE.

SN to Fund Solar Energy Companies in Nigeria

Solar Nigeria Program (SN) will provide additional $16.17m to reputable solar energy companies in Nigeria to assist their ongoing projects. The grant would help strong companies to accelerate their expansion to provide solar energy for 25m Nigerians.

Saudi Aramco Invites China’s Sinopec to Invest in IPO

China is one of Saudi Arabia’s targets as the kingdom prepares for the IPO by deepening relationships with its most significant oil buyers.

Nigeria: NNPC to Invest in Power Generation

Nigeria's state oil company announced its plan to head towards power generation and transmission this week, in line with its strategy to resolve Nigeria’s long-standing power problems.

UAE Boosts OPEC Production Cut in March

UAE’s production cut has boosted OPEC’s compliance with its oil-output-cutting deal to a record high of 95%.

Southern Iraq Exports 3.163mb/d of Oil in March

Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.

Angola Takes 2 Cargoes Out of May Exports

Angola's state-run Sonangol has reduced its May exports by taking two cargoes out of circulation.

SNC Signs Upstream Contract in Oman

Canada's SNC Lavalin has signed a long-term deal for commissioning services for upstream projects in Oman.

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