News / International
Chevron to Lease Oil Vessel Base in Brazil
US Chevron plans to sign a five-year agreement to lease berthing space for its vessels from US oil service company Edison Chouest Offshore. The $275m base is scheduled to be completed by mid-2017.
BP Oman Completes 70% Work in Khazan Gas Field Reservoir
Work on the Khazan gas field reservoir and infrastructure project in Oman is progressing with more than 70% of the project already completed.
Nigerian Navy Arrests Militant Leaders
The Nigerian Navy said it has recorded a major feat in the ongoing military onslaught against the militant group The Niger Delta Avengers (NDA), which maintains a wave of attacks on oil and gas infrastructures in the Niger-Delta.
Petrobras Kicks Off Sale of Non-Essential Assets
Brazil's Petrobras, the world's most indebted oil firm, has kicked off the sale of a network of liquefied natural gas (LNG) terminals and thermal power plants.
Angola to Investigate $50b Shortfall in Sonangol
Angola will investigate reports of a $50b shortfall in the accounts of Sonangol, the state-run oil company, local newspaper Valor Economico reported, citing unidentified people close to international consultants hired to restructure the company.
Shell Rules Out Repair of Damaged Oil Facility in Nigeria
Royal Dutch Shell, the largest oil producing company in Nigeria, which has suffered series of attacks on its 48-inch Forcados export pipeline that links onshore storage tanks with an offshore port, has ruled out the repair of the pipeline for now.
Iran Mulls Integration of Petchem Exports
Talks are under way with heads and leaders of Iran’s petrochemical holdings in a push to bring their exports together in an integrated manner.
Nigeria to Start Dialogue with Militants, Buhari Flies to London
Nigerian President flew to London for a 10-day holiday, during which he will receive medical treatment for a persistent ear infection. His trip came days after the ruler cancelled a trip to the restive Niger Delta region at the last minute.
