News / International

Sound Energy Confirms Large Gas Discovery in Morocco

Sound Energy PLC, a British upstream company, confirmed a significant gas discovery and a potential single gas column at company's Tendrara license, onshore Morocco.

Nigeria Ponders Crude Import from Chad, Niger

The Nigerian National Petroleum Corporation (NNPC) plans to import crude oil from Chad and Niger to nourish its Kaduna refinery since it has been facing shortages as a result of constant militancy in the Niger Delta.

Iran Signed New Gas Contracts

Tehran is in talks with German companies over exporting gas to Europe. The country has signed a number of gas contracts with major international firms including German Siemens, Russian Gazprom, and South Korean Kogas.

Iran, Oman to Issue Gas Pipeline Tender

A tender will be held to select contractors for development of a gas pipeline project to send Iran's natural gas to Oman.

Iraq to Double Halfaya Oil Output

Iraq expects to double output at the southern Halfaya oilfield, to reach its planned maximum of 400,000b/d in 2018.

Sub-Saharan Africa Boosts Oil, Gas Projects

Sub-Saharan Africa is expected to start operations of 43 crude and natural gas projects in total by 2025. Tullow Oil plc, Total S.A, Chevron Corporation, and Eni SpA are interested in the regional investments.

Iraqi Oil Export Increased in July

Iraq's oil exports from its southern ports rose to 3.2mb/d on average in July, up from 3.175mb/d in June, as the Arabic nation increased crude production to bring in a $3.744b in oil export revenues.

Kenya, Uganda Negotiating Crude Pipeline

Kenya and Uganda are in talks to build separate crude pipeline in order to facilitate Uganda's oil export to Kenya's coastline, as transport cost is expected to increase over preliminary negotiated Uganda-Tanzania route.

MENA to Invest $10.3b in LNG Import Capacity

Countries in the Middle East and North Africa (MENA) are seeking to boost their liquefied natural gas (LNG) import capacity. The region is forecast to become the world’s second-largest gas-importing area by 2040, with investments reaching $10.3b.

Oil Prices Rose Nearly 3% over Freeze Buzz

Oil prices rose nearly 3% in first half of August over reports of renewed talks by some members of the Organization of Petroleum Exporting Countries (OPEC) to restrain crude output.

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