News / International
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.
Iran to Export Gas to Pakistan
Iran is ready to export gas and electricity to Pakistan, in addition to a short-term agreement on natural gas exports to Georgiathrough the territory of Armenia.
Oman Announces Downstream IPO
Omani downstream companies that will see their shares listed are Salalah Methanol Company and an unnamed driller.
Oil Price Slump Affects Mozambique Biofuel Plan
The decline in oil prices will prevent Mozambique from producing biofuels due to the increased costs of bio-diesel production in comparison to the conventional gasoline and diesel.
Libya’s El Feel Oilfield to Resume Operations
Pumping is set to restart as soon as OPEC member fixes an electricity outage in Sharara field.
Tanzania Calls For Natural Gas Distribution Investments
Tanzania Petroleum Development Corporation (TPDC) has encouraged local and foreign investors to engage in natural gas distribution projects in the country's commercial capital of Dar es Salaam and the emerging industrial zones in Coast Region.
