News / International
UKEF to Fund $400 to GE’s Ghana Deal
UK Export Finance (UKEF) will provide $400m in support for a GE Oil & Gas contract in Offshore Cape Three Points (OCTP) project in Ghana.
Kuwait’s Oil Cuts to Reach 148,000b/d
Kuwait's output cuts could reach between 146,000 and 148,000b/d, which is more than the reduction to which the member of the Organization for Petroleum Exporting Countries (OPEC) committed itself.
Sri Lanka to Buy Iranian Oil
Sri Lanka is interested in purchasing oil and related products from the Islamic Republic of Iran, after resolving the outstanding financial issues between the two countries pertaining to previous purchases.
Libya Sues over Oil Field, Pipeline Blockade
Libya’s National Oil Corporation (NOC) said it had sent the case of the shutdown of Al-Feel oilfield and Bier Terfas gas pipeline to the Attorney General’s Office in Tripoli.
50 Firms Bid for NNPC Tugboat Supply
NNPC said 50 companies had submitted bids for the supply of sea worthy tugboats and to provide logistics support for safe ship-to-ship operations.
China’s Poly-GCL Drilling in Ethiopia’s Gas Field
The Chinese firm Poly-GCL began drilling the 6th petroleum and natural gas well at Hilal-7 gas field in Ethiopia.
Congo Received $250m to Support Oil Fields
Congo has signed a facility agreement with Afreximbank under which the Bank will provide $250m in future flow pre-financing to meet Brazzaville’s strategic plan for its oil fields.
ExxonMobil Finds More Oil Offshore Guyana
ExxonMobil Corp. announced positive results from its Payara-1 well offshore Guyana early January.
