News / International
Total Renounces Oil Survey Work off Western Sahara
French oil giant Total will halt preliminary offshore oil survey work in disputed Western Sahara, a region controlled by Morocco, due to disappointing results of the first seismic data analysis.
ENI Declares Force Majeure on Nigeria’s LNG Export Plant
ENI has declared force majeure on loadings from Nigeria's LNG export plant due to sabotage on the Ogoda-Brass transport line, planning to reschedule some shipments.
Russia Vies with Saudi in Oil Exports to China
Russia has outrun Saudi Arabia as the largest crude oil supplier to China in November.
Oman Awards Compressor Contracts to GE Oil & Gas
GE Oil & Gas has won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation, and commissioning of a fleet of electric motor-driven centrifugal compressors.
Africa Energy to Acquire 90% Interest in South African Block
Africa Energy Corporation (AEC), a Canada-based exploration company - formerly known as Horn Petroleum Corporation, will acquire a 90% working interest and operatorship in Block 2B offshore South Africa.
Iran Allocates $6b for Petrochem, Refining Projects
Iran’s National Development Fund has allocated $6b for the execution of petrochemical and refining projects in the current fiscal year ending in March 2016.
African Petroleum, Ophir Energy Sign Côte d’Ivoire Oil Deal
African Petroleum, an independent oil and gas exploration company operating ten licenses in five countries offshore West Africa, has entered into a new Production Sharing Contract (PSC) with Ophir Energy to cover the CI-513 license area in Côte d'Ivoire.
India’s Oil Imports on the Rise
India has shipped in 7.2% more oil in November, compared with a year ago, with Saudi Arabia as the top seller, and Iran's imports seeing the lowest level.
