News / International
Sonatrach, Eni Agreed to Extend Cooperation
The Algerian state-owned company, Sonatrach, and Italian Eni signed several cooperation agreements in various energy areas.
Israel Launched Oil, Gas Exploration Tender
Israel announced bids for 24 new offshore oil-and-gas exploration licenses.
Tanzania, Zambia to Negotiate Oil, Gas Pipeline
Tanzania and Zambia are to negotiate a new deal for transport of refined oil and natural gas. The talks will center around either modernizing the existing 1,710km Tazama pipeline or building a parallel pipeline for gas.
PGPIC Seeks $1b to Expand Petchem Projects
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) is in talks with Asian companies to raise $1.1b for an expansion scheme.
Lianzi Field’s Oil Output Declined to 23,000b/d
The oil production at the Lianzi field, as result from a shared agreement between Angola and Congo Brazzaville, dropped from 31,000b/d to 23,000b/d.
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.
