News / International
China to Invest in Nigeria’s Oil, Gas
Nigeria expects to get as much as $4b in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end of October
Aramco Cancelled Asian Cargoes
The state oil giant Saudi Aramco cancelled a rare offering of prompt cargoes to buyers in Asia, after the Organization of Petroleum Exporting Countries (OPEC) reached a deal to cut output on Sept. 28.
Mozambique Awarded Seismic Contracts
Mozambique’s oil industry regulator, the Instituto Nacional de Petroleos (INP) awarded six contracts to companies to provide geophysical and geological data for oil and gas exploration blocks on and offshore Mozambique.
Bahrain Awarded $98.7m Gas Plant Deal to JGC
Bahrain National Gas Expansion Company (BNGEC) has signed an EPC contract worth $98.7m with JGC Gulf International which is a subsidiary of Japan Gas Corporation (JGC) to construct an additional storage and pipeline facility by 2018.
Oman to Launch $6.5b Plastics Complex
Oman's Oil Refineries and Petroleum Industries Company (Orpic) revealed that its $6.5b Liwa Plastics Industries Complex (LPIC) project has reached the detailed engineering phase, and the ground-breaking ceremony has been scheduled on October 10.
South Africa to Invest $3.7b in Gas-to-Power
South Africa will invest $3.7b at the ports of Richards Bay and Coega to build infrastructure for a gas-to-power program aimed at easing the country’s dependence on coal.
GNPC Received $500m LOC for Sankofa Gas
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field.
Total to Build LNG Terminal in Ivory Coast
Ivory Coast signed a partnership agreement to create a consortium headed by France's Total to build a liquid natural gas (LNG) import terminal that could begin receiving gas shipments by mid-2018. 
