News / International

Uganda to Award Exploration Licenses

Uganda aims to sign deals by the year-end with the four oil exploration companies it had invited for talks in its first licensing round.

Linde Group to Proceed with Iran LNG Projects

German Linde Group has received green lights from Euler Hermes to proceed with liquified natural gas (LNG) projects within Iran.

NNPC to Drill in Chad Basin

The Nigerian National Petroleum Corporation (NNPC) will begin drilling in Chad Basin in early 2017, after the acquisition and processing of more than 1,900 sq. km of new 3D seismic.

Iraq to Suggest Crude Restraint Options

Iraq will make three new suggestions at a meeting in Vienna of OPEC oil ministers at the end of the November to implement an agreement to restrain crude supply in order to push up prices.

Mozambique to Build Combined Cycle Power Plant

Mozambique’s Minister of Mineral Resources and Energy, Leticia Klemens laid the first stone of the combined cycle natural gas power station in Maputo.

Iran, Russia Signed MoUs

National Iranian Oil Company (NIOC) has signed memorandums of understanding (MoU) with the Lukoil, Tatneft and Zarubezhneft of Russia.

Eni Approved Investments for Coral Project

Italian Eni approved the investment for the first phase of the Coral South project, offshore Mozambique.

Saudi Arabia’s Oil Exports Grew in September

Saudi Arabia's crude oil exports rose to 7.812mb/d in September compared with 7.305mb/d in August, this comes to about 507,000b/d increase.

Statoil to Decide on LNG Export Terminal in 5 Years

The final investment decision (FID) on a Tanzania's $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five years.

Sonatrach Grew Crude Exports

Algeria's Sonatrach achieved record high crude oil exports in October of 2.77m tons of oil equivalent, as opposed to the company’s usual monthly export volumes of 1.9m to 2m tons of crude oil per month.

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