Africa | Egypt Oil & Gas - Part 11
CNOOC, Total to Build Uganda Pipeline
China National Offshore Oil Corporation’s (CNOOC), Vice President, Li Yong , said that CNOOC and France’s Total are in final talks over the construction of Uganda’s oil pipeline that will run up to the Tan...
BOA Injected $12m in Tanzania’s Oil, Gas
Bank of Africa Tanzania’s (BOA), Managing Director, Amine Bouabid, said that BOA has entered into an agreement with different companies including Lake Gas Tanzania Limited that will see the bank availing a total...
Zambia, Angola to Resume Pipeline Talks
Zambia’s Minister of Energy, David Mabumba, stated that Zambia and Angola will resume talks on the construction of a pipeline that would carry petroleum products from oil-rich Angola to major copper producer Zambia, ...
Nigeria Discovered Offshore Oil Field
ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria, Business Wire reported. The company stated that...
Kenya’s Crude Exports to Start in 2017
The Kenyan Finance Minister, Henry Rotich, said that the early exportation of 2,000 barrels of crude oil from Kenya in January 2017 would be the first stage until the country completes the construction of an oil pipel...
Nersa, Rompco Disagreed over Gas Tariff
The National Energy Regulator of South Africa (Nersa) did not approve the Republic of Mozambique Pipeline Company’s (Rompco) $3.59/gigajoule tariff for gas that will be transported to South Africa during 2017, IOL rep...
Shell Resumed Oil Exports from Forcados
Shell’s Director of Global Upstream, Andrew Brown, confirmed that Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria’s restive Niger Delta following repairs after a militant attack...
Trafigura to Pay $10m for S. Sudan Oil
Trafigura’s Asia Pacific CFO, Nicolas Marsac, said that the Dutch multinational commodity trading company has offered South Sudan an advance payment of $10m for November oil cargo, Ecofin Agency reported. According to...
