Iraq Calls for Bids for Basra’s New Oil Refinery

• Tuesday, 9th May 2017
• by Editorial Team

Iraq's Oil Ministry asked foreign companies and investors to bid for a project to build and operate a 300,000b/d export-oriented refinery in Fao.

Nigeria Boosts Amnesty Funds to Maintain Peace in the Niger Delta

• Monday, 8th May 2017
• by

Nigeria almost tripled its budget to fund an amnesty program for militants in its oil-producing heartland.

Umbrella Agreement Signed for Equatorial Guinea’s Fortuna FLNG

• Monday, 8th May 2017
• by

Ophir Energy, OneLNG, and GEPetrol have signed a detailed Umbrella Agreement for Fortuna FLNG.

Poland’s POGC Mulls Resuming Operations in Libya

• Monday, 8th May 2017
• by Editorial Team

Representatives of Libya's NOC and Poland's POGC held talks with a view to resuming operations in Libya.

Ghana to Launch Bridge Power Project Construction

• Monday, 8th May 2017
• by

GE has announced that it will be providing the 400MW Bridge Power project in Tema, Ghana, with the equipment needed to start the construction phase.

Oil Drops to $45 Despite OPEC Deal

• Monday, 8th May 2017
• by Editorial Team

Oil hovered around $46 per barrel in New York, back to levels last seen before the OPEC deal to cut production.

Brunswick Joins Saudi Aramco IPO

• Monday, 8th May 2017
• by Editorial Team

Saudi Aramco has appointed advisory firm Brunswick to join FTI Consulting in running media and investor relations for IPO.

Africa Oil Announces New Successful Drilling in Kenya

• Sunday, 7th May 2017
• by

Africa Oil Corp. stated that the Amosing-6 and Ngamia-10 appraisal wells in Block 10BB have been drilled after the former drilling of the successful Erut-1 (Block 13T) exploration well in the beginning of 2017 in Kenya.

Nigeria Mulls Extending Exemption from OPEC Deal

• Sunday, 7th May 2017
• by

Nigeria’s exclusion was due to the production challenges that the country was facing after the militant attacks on the country's oil facilities.

Ophir Energy Spuds Cote d’Ivoire’s Ayamé -1X Exploration Well

• Sunday, 7th May 2017
• by

African Petroleum has announced that the Ophir Energy operated Ayamé-1X exploration well, offshore Côte d’Ivoire, has spudded by the end of April.