News / International

Angola Driving Ahead with Eurobond Plan as Oil Prices Falls

Angola's Finance Minister announced that his country will meet with investors in the US and Europe starting October 26 to promote its first Eurobond sale

Google to Invest in Africa’s Largest Wind Project

Google announced that they are committing to invest in the Lake Turkana Wind Power Project in Northern Kenya, which will be their second clean energy investment in Africa.

MAN Diesel & Turbo Opens Lagos office

MAN Diesel & Turbo has opened a new sales office in Lagos, Nigeria. The company, based in Augsburg, Germany, is the world’s leading provider of large-bore diesel engines and turbomachinery for marine and stationary applications.

DRC, SacOil, Total Get Extension for Block III License

Joint venture partners Total E&P RDC as operator had the Block III license extended for an additional two years in Democratic Republic of Congo. SacOil holds a 12.5% effective interest.

Senegal Consortium Expanding Drilling Prospects for SNE Block

FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub

Dow Chemical’s ME Global to be Sold to Equate for $3.2b

Kuwait's Boubyan Petrochemical Co.’s affiliate Equate had signed a $3.2 b deal to buy ME Global from Dow Chemical and a subsidiary of state-run Kuwait Petroleum Corp.

RSK To Train Petroleum Engineers, Graduates in Iraq

RSK Group and the University of Basrah have agreed to enter into a partnership to train Iraqi engineers

Iran Lays Limits on Domestic Ownership of Post-Sanction Ventures

Seyed Mehdi Hosseini, chairman of the Iranian Oil Ministry’s Oil Contract Restructuring Committee, told the Financial Times that domestic companies should be entitled to a minimum 20% share of any joint venture project

Jordanian Delegation Visits Russian Nuclear Power Facilities

A delegation headed by the chairman of the Jordan Atomic Energy Commission, Dr Khaled Toukan, visited the Rostov nuclear power plant in Russia

China, Britain Nuclear Power Agreement Reached

State-funded China General Nuclear Power Corporation has reached an agreement with France's EDF Energy to collaborate on new nuclear power plants, the BBCreported.

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