News / International

World Bank to Guarantee Ukrainian Gas Purchases

The World Bank and the European Investment Bank (EIB) have signed an agreement to provide loans worth $520m to Ukraine for the purchase of natural gas, the World Bank announced in an official statement.

Chemical Group INEOS Buys 12 North Sea Fields

The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported.

UAE’s Masdar in Talks with Morocco to Invest in Wind, Solar

Abu Dhabi-based renewables firm Masdar is currently in talks over taking part in Morocco's forthcoming wind tender as well as other wind and solar energy investments.

Tanzania Launches Project to Pipe Natural Gas to Dar es Salaam

Tanzania has initiated a $1.33b project to pipe natural gas to its commercial capital, Dar es Salaam, and help relieve chronic power shortages in the city.

South Africa Faces Industrial Action in Electricity Sector

The legal team representing the South African Municipal Workers Union (Samwu) has notified City Power that its planned strike action will not commence on Monday October 19 as originally announced

Iran Signs Technology-Transfer MOU with German Rig Builder

Iran signed a major deal with Germany’s Nordic Yards, a global developer of maritime installations, for the construction of offshore facilities

Iran Postpones Major Oil Conference to February

The "Iran Oil and Gas Summit Post Sanctions" event in Britain's capital is scheduled for February 22-24, said Seyed Mehdi Hosseini, head of the country's oil contracts re-negotiation team

McDermott Wins Contract from Qatar Petroleum

McDermott International has won a sizeable brownfield project from Qatar Petroleum for the engineering, procurement, construction and installation (EPCI) of four wellhead jacketsnd installation (EPCI) of four wellhead jackets

Former Nigerian Oil Minister Was Not Detained, Battling Cancer

Nigerian former oil minister Diezani Alison-Madueke, who is under investigation over allegations of bribery and money laundering, has breast cancer and will undergo surgery in Britain.

Russian Oil and Gas Sector Faces Sanctions, Taxes

The Russian oil and gas industry keeps encountering impediments to growth. Oil and Gas Technology noted that the Russian energy industry is likely to be forced to restructure, even as production remains at a record high.

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