News / International
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.
Uganda Approves Total’s Oil Production Licenses
Uganda’s oil production plans are now in progress after the cabinet has approved the issuance of production licences to France’s Total.
Gulf Marine Services Inks New Deal in MENA
London-listed Gulf Marine Services (GMS) signs a new deal to supply one of its mid-size vessels to an unspecified oil company based in the Middle East and North Africa (MENA) region.
Saudi Aramco Completes Largest Offshore Tie-In Platform
Saudi Arabia’s national petroleum company has announced the completion of the largest offshore tie-in platform ever built in the country.
Iran Completes 18B Platform Installation in South Pars Gas Field
Iran has completed the installation of platform 18B of the country’s supergiant South Pars gas field.
China to Sell $9.45b Stakes in Gas Pipeline
China Petroleum & Chemical Corporation (Sinopec), the second-largest oil and gas group in the country, plans to sell 50% of its premium Sichuan-East China natural gas pipeline business to investors.
