News / International
Total Took 10% Stake in Refinery
Total SA, the French oil company drilling wells in Uganda, agreed to take a 10% stake in the country’s planned refinery as it seeks other investors for the $4b plant.
Woodside Bought a 35% Stake in Oil Field
Australian Woodside Petroleum has completed a $440m purchase of a stake in a promising oil venture off Senegal, even as a contractual dispute involving one of the partners remains unresolved.
Aramco, Nabros Formed Drilling Partnership
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors.
QP, ExxonMobil Formed Ocean LNG
Qatar Petroleum (QP) announced the establishment of Ocean LNG Limited, which is a joint venture (JV) with ExxonMobil. The newly established company's core business will be marketing future LNG supply portfolio sourced outside of Qatar.
Ghana Approved 400MW Power Project
The Early Power consortium has received Parliamentary approval from Ghana's government to sign a 20-year power purchase agreement (PPA), plus a five-year extension option, with the Electricity Corporation of Ghana (ECG) for the 400MW greenfield Bridge Power project.
Blast Damaged Iran-Turkey Gas Pipeline
National Iranian Gas Company's (NIGC) spokespersons, Majid Bojarzadeh, said that Ankara had informed Tehran of a problem in the pipeline that carries Iranian gas to Turkey. This has resulted in a halt in gas supply.
Kuwait, Bahrain to Build Aromatic Plant
Kuwait’s Petrochemical Industries Company (PIC) signed a deal with Bahrain’s National Oil and Gas Authority (NOGA) to build a joint aromatics factory in the Kingdom.
NNPC, Total to Transport Fuel by Train
The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria Plc are considering the movement of petroleum products through the rail system in other to reduce the cost of transportation.
