News / International
West Africa Loading Program Emerge
Angola’s May program emerged with 54 cargoes, or 1.67mb/d, versus 53 cargoes in April. Less than 10 cargoes remain available from Angola's April program, while around 20 cargoes from Nigeria's April program were still said to be available.
Nigeria’s Dangote Oil Refinery to Operate by 2019
Nigeria’s $12b Dangote Oil Refinery, which will be the largest in the world slated for Lagos, will be in full operation by 2019 and is expected to produce 650,000b/d of oil.
Uganda’s Hydro Power Plant to Be Operational in March
Sri Lanka’s Vidullanka Plc said it has completed building a 6.5MW mini-hydro power plant in Uganda, which will be connected to the national grid late March after a joint testing by the relevant authorities.
Sinopec Close to Buy Chevron’s Oil Assets in S Africa
China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.
Bilfinger’s Omani JV Wins PDO Extension Contract
Germany-based Bilfinger said its Oman joint venture (JV) has won an extension of its contract to provide engineering and maintenance services to oil and gas company Petroleum Development Oman (PDO).
Saudi Arabia, China Sign $65b Preliminary Deals
China and Saudi Arabia have signed preliminary deals that could be worth as much as $65b if finalized. One of the preliminary agreements envisages the joint development of downstream and petrochemical projects in China.
Total Eyes 50% Stake in Iran’s South Pars 11
France’s energy giant Total is soliciting permission from US authorities to implement a slew of projects worth several billion dollars in Iran.
Iran Starts Pumping 15,000b/d at Azar Oilfield
Iran began pumping 15,000b/d of crude oil from Azar oilfield, which it shares with Iraq. Azar development project is aimed at production of 65,000b/d of crude oil.
