News / International
Sasol to Focus on Mozambican Oil
Sasol has completed drilling two gas wells in southern Mozambique and has since turned its attention to the development of two commercial oil reservoirs.
Shell to Sell Iraqi Oil Assets
Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30b asset disposal program.
Victoria Oil & Gas Progressed with Cameroon’s La-107 Well
Victoria Oil & Gas' subsidiary, Gaz du Cameroun (GDC), has successfully drilled, cased and cemented the topmost section of the well to a depth of 400 meters.
OPEC’s Pre-Vienna Meeting Yielded No Results
OPEC experts met late November, ahead of their schedule meeting in Vienna to discuss means to global market stability. Yet, they ended the meeting without agreeing on concrete details of a planned reduction in oil output.
Schlumberger to Study Iran’s Oil Formations
The National Iranian South Oil Company (NISOC) and Schlumberger signed memorandum of understanding (MoU) andand Non-Disclosure Agreement (NDA) on the study the formations of Shadegan, Parsi and Rag-e Sefid oil fields in Khouzestan.
S. Korea to Invest $27b in Omani Downstream Projects
South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b.
Nigeria to Build Crude, Gas Pipelines
The Nigerian National Petroleum Corporation (NNPC) said it would complete the Ajaokuta-Abuja-Kaduna-Kano gas pipeline, as well as build 1,000km crude pipeline from Niger Republic to Kaduna.
Shell to Sell Gabon Onshore Operations
Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of the company's $30b divestment plan.
