Sudan's Sudapet will become the sole owner of Block B2, located in the southern part of the country. This comes in line with the new production sharing agreement (PSA) and will take effect late November.
The Nigerian National Petroleum Corporation (NNPC) has announced that 224 companies have submitted bids for the lifting and sale of crude oil during the upcoming 12-months calendar.
The CI-GNL consortium, headed by Total, has been granted rights by the Ivorian Government to construct and operate a liquefied natural gas (LNG) re-gasification terminal with a capacity of 3mt/y.
Nigeria is considering importing crude oil from Chad and Niger Republic to supply the Kaduna refinery in attempt to resolve Nigeria's chronic petrol shortage crisis.