Saudi Aramco is to receive an investment offer from Petronas by December 2016. The Malaysian company showed interest in its $21b refining and petrochemicals project located in Pengerang, Johor.
China National Offshore Oil Corporation and France's Total are in final talks over the construction of Uganda's oil pipeline that will run up to the Tanzanian seaport of Tanga.
Zambia and Angola will resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper producer Zambia.
The Jereh Group, which is a Chinese oil field services company and manufacturer of oilfield equipment, has announced that five sets of its 1253kW gas engine-driven compressor units have been shipped to Algeria.
Kuwait began operating its first solar power plant at the Umm Gudair oil field. The Sidrah 500 project is worth $99m and is expected to produce 10MW of electricity.
ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria.