News / International

Oil to Fund 40% of Nigeria Fiscal Plan

Nigeria to focus on crude oil to fund the 2017 fiscal plan where oil mineral resources are projected to provide 40% of the revenue.

Spectrum, DGH Started Seismic Survey Offshore Gabon

Norwegian geoscience firm Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has started the first of a series of 3D Multi-Client seismic acquisition programs offshore Gabon.

Oil Output at OML18 Reached 61,000b/d

San Leon Energy Plc said reperforation operations at wells in Oil Mining Lease (OML) 18 onshore Nigeria increased production to about 61,000b/d of oil.

Pumangol to Build Aircraft Fuel Facility

Pumangol will invest $295m to build aircraft fuel storage and distribution units at airports in Luanda, Huíla, Benguela and Cunene.

Engie to Establish Gas, Power Hub in Istanbul

The Global Energy Management (GEM) division of France’s Engie plans to establish a gas and power trading platform in Istanbul, Turkey.

Aramco, LTHE Agreed on EPCI Deals

Saudi Aramco has awarded two engineering, procurement, construction and installation (EPCI) contracts to L&T Hydrocarbon Engineering (LTHE).

Bapco to Deploy Avaya’s Fabric Networking Technology

National oil firm Bahrain Petroleum Company (Bapco) will deploy Avaya's next-generation fabric networking technology used to securely and seamlessly add services and devices in the Internet of Things (IoT) era.

Gazprom Started Pre-commissioning at Iraq’s CGTP

Gazprom Neft has started Pre-commissioning works for a complex gas treatment plant (CGTP) at the Badra oilfield in Iraq.

Iran Qualified 29 Firms to Bid for Oil, Gas

Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model.

S. Africa to Increase Fuel Prices

South Africa’s Department of Energy announced that a liter of petrol 93 ULP and LRP will rise by $0.04 a liter, while a liter of 95 ULP and LRP will increase by $0.03.

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