Tanzania Grants One Year Extension to Otto Energy Ltd

• Tuesday, 7th March 2017
• by

Otto Energy Ltd announced that the Tanzanian Minister for Energy and Minerals has granted a one year extension to the initial exploration period for the Kilosa-Kilombero Licence until 22 February 2018.

Saudi Aramco Announced Initial Public Offering

• Tuesday, 7th March 2017
• by Sarah Samir

Saudi Aramco will be publicly listed both in Saudi Kingdom and abroad in the second half of 2018.

Egypt to Build Two Solar Power Plant Projects in Kenya

• Tuesday, 7th March 2017
• by Dr. Mahinaz El-Baz

Egypt's El Sewedy Electric and Infinity Solar submitted bids to build 30MW and 250MW solar power plants in Kenya.

Lekoil Targets 10,000 b/d in Nigerian Otakikpo Field

• Tuesday, 7th March 2017
• by

Lekoil, an oil and gas exploration and development company has announced commencement of continuous production from the Otakikpo Marginal Field in OML 11.

Oranto to Invest in South Sudanese Oil Field

• Tuesday, 7th March 2017
• by Sarah Samir

South Sudan’s government granted Oranto Petroleum International Ltd. a license to explore for oil.

Angolan Cargoes Find Buyers, Nigeria Witnesses Delays in Crude Loading

• Tuesday, 7th March 2017
• by

Angolan crude cargoes were steadily finding buyers while delays in the loading of Nigerian crude Qua Iboe were weighing on differentials.

Iraq, Angola to Extend OPEC Production Cuts

• Tuesday, 7th March 2017
• by Sarah Samir

Iraq and Angola are willing to extend OPEC's production cuts during the second half of 2017 as the global rally in prices shows signs of stalling.

OEG Offshore to Supply 100 Units to African Companies

• Monday, 6th March 2017
• by

OEG Offshore has delivered cargo carrying units for rental supply agreements in Europe and Africa during the start of 2017.

Nigeria’s IOCs Relocate to Niger Delta

• Monday, 6th March 2017
• by

Nigerian’s acting president, Yemi Osinbajo, has directed the relocation of all International oil companies head offices in the country to the Niger Delta.

ARA WEEK 2017 Aims at Achieving Clean Fuels in Africa

• Monday, 6th March 2017
• by

The African downstream oil industry comes to Cape Town March 13-17th for ARA WEEK at a critical time for the supply, refining, storage, distribution and marketing sectors of the energy supply chain.