News / International

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.

Equatorial Guinea, Sao Tome To Co-Explore for Oil

Equatorial Guinea and Sao Tome have resumed talks on planned creation of a partnership for oil exploration in the existing maritime boundary between the two countries.

Locals Threatened to Shutdown Pipeline

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Pipeline Storage company (NPSC) received a warning from Gbramatu Kingdom communities in Delta State over the massive spillages from its trunk line.

Kenya, Sudan Signed Oil, Gas Deal

Kenya’s Foreign Minister, Amina Mohamed, and Sudan’s State Minister for Foreign Affairs, Kamal al-Din, signed a number of agreements between the two countries in the fields of minerals and oil.

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