News / International
Eskom Shuts Down South African Nuclear Unit for Maintenance
South Africa's Eskom shut down a unit of its Koeberg nuclear plant for scheduled maintenance work to refuel outage after a record of 492 days of uninterrupted run.
Iran to Join Oil Production Cuts
Iran announced that it is ready to join the OPEC oil production cuts despite being exempted from the initial production cuts agreement, which allowed it to boost its crude output to about 4m barrels.
African Petroleum to Farm Out Senegal, Gambia Licences
Under the agreement, the incoming third party will acquire a 70% operating interest in the African Petroleum’s SOSP production sharing contract (PSC) in Senegal and the A1 and A4 licenses in The Gambia.
Sirius, Tidewater Sign OSV Contract Offshore Nigeria
Sirius Petroleum has signed an offshore service vessels (OSV) provision contract with Tidewater Marine International for a multi-well campaign in the Ororo field, Offshore Nigeria.
MENA Oil Exports to South Korea Increased
South Korea monthly imports reached 2.26m tons of crude oil from Iran and 3.52m tons oil from Saudi Arabia during March.
Nigeria Destroys 13 Illegal Oil Refineries
Nigeria's military stated that it had destroyed 13 illegal refineries in the restive Niger Delta oil hub. Earlier April, the federal government announced its plan to legalize the illegal refineries aiming to restore peace in the Delta.
Oman Close to Fund 75% of LPG Project
The liquefied petroleum gas (LPG) extraction project in Salalah has a total cost of $600m.
Koral Energy Invests in Africa
Koral Energy International Ltd. has acquired a floating production unit (FPU) and the associated O&M contract from Singapore-based Mercator, which states that Koral will be working on a project offshore Nigeria.
