The process of constructing Tanzania’s envisaged liquefied natural gas (LNG) plant to sit on the land of Lindi Region has now entered the negotiation stage of the Host Government Agreement (HGA).
The Nigerian Agip Oil Company, a subsidiary of Italian oil major Eni, has announced that the Zabazaba and Etan deep water project on Oil Prospecting License 245, will generate $8b for the Federal Government.
Saudi Aramco and PT Pertamina signed a Joint Venture Development Agreement (JVDA) to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia.
Algerian Sonatrach to drill 290 wells in 2017 in comparison with 265 in 2016, while increasing Furthermore, the state energy producer plans to increase output of natural gas and crude oil by 20% until 2020, as new projects start up.