Moscow has sent a draft intergovernmental agreement to Turkey on a natural gas pipeline under the Black Sea to Greece. Novak expects Ankara to decide on the project within a few months, as it is planned to kickoff by the end of 2019.
Oman's Ministry of Oil & Gas has extended the exploration and production sharing agreement (EPSA) with Masirah Oil Ltd. for Block 50 for another 3 years.
The Iraqi Oil Marketing Company (SUMO) announced that the country's crude oil production in August remained steady at 4.638mb/d compared with 4.632mb/d in July.
French drilling specialist, Societe de Maintenance Petroliere’s (SMP), has deployed its hi-tech drill rig, SMP-105, at Sasol’s development of gas reserves in Temane in the Mozambican coastal town of Vilanculos.
US’s Chemex Modular LLC reached an agreement with Niger Delta Petroleum Resources Ltd (NDPR) to expand NDPR's existing refining capacity from 1,000b/d of crude to 11,000b/d.
Ghana’s Institute for Energy Security (IES) projected an increase of about $0.05 per liter on petrol and diesel to mirror developments on both the international and local oil market for the September pricing window.
Libya’s state National Oil Corp (NOC), is looking to charter an Aframax tanker to load 80,000t of crude oil from its major Ras Lanuf terminal and deliver to its Zawia refinery. Loading date hasn’t been specified but it is expected to be mid September.
The National Iranian Oil Company expects to complete a pipeline and a terminal near Kharg Island by the end of 2016, in preparation to start exporting the new grade crude, known as West Kharoon.