News / International

Aramco to Launch Wind Power Plant

Saudi Aramco plans to commission its pilot 2.75MW GE wind turbine project in Turaif, the first in the kingdom, in Janurary 2017.

Output at Libyan Fields Remains Halted

Libyan oil-facility guards prevented two of the country’s biggest fields from resuming production, days after the National Oil Corporation (NOC) reached an agreement to restart operations there to boost output.

Turkey Gets Its First FSRU

The floating, storage, and re-gasification unit (FSRU) Neptune, previously known as GDF Suez Neptune, has arrived near Aliaga on the Agean Sea where it will be used as Turkey’s third LNG import terminal.

Tanzania Extended Nyuni Area PSA

Aminex Plc has received formal approval from the Tanzanian Minister of Energy and Minerals to extend the work period of the Nyuni Area production sharing agreement (PSA) for a period of four years.

Nipco Shareholders Approved MobilOil Deal

Shareholders of Nigeria’s Nipco PLC have authorized the company’s board of directors to stand as a guarantor for the acquisition of 60% majority equity stake in Mobil Oil Nigeria.

Ethiopia Inaugurated New Hydropower Plant

Ethiopia inaugurated a $1.57b hydropower plant along the Omo River in the country's south region that will nearly double total electricity output to 4,238MW.

BP to Invest $1b in West Africa Gas Field

BP is to inject almost $1b into a gas field off the coast of west Africa near Mauritania and Senegal.

Ghana Output to Reach 190,000b/d

Ecobank Research has revealed Ghana’s oil output will reach 190,000b/d by the end of 2016.

Sonatrach Signed Refinery Studies Deals

Algerian oil and gas company Sonatrach signed contracts worth $26m with Spanish firm Tecnicas Reunidas and UK Amec Foster Wheeler to undertake studies for two new refinery processing plants.

BP, Adoc Swapped Shares for Stake in Oil Concession

BP Plc swapped about $2.2b of its own shares for a stake in one of the Abu Dhabi’s largest onshore oil concessions.

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