Africa | Egypt Oil & Gas - Part 12

Africa Energy Acquired Stake in Offshore Block

Africa Energy Corporation closed three transactions resulting in the company acquiring a 90% participating interest and operator-ship in Block 2B offshore the South Africa, Ecofin Agency reported. The company paid $1m...

Chevron’s Pipeline Damaged in Attack

Nigerian militant group the Niger Delta Avengers (NDA) said it attacked an oil pipeline in Nigeria’s restive southern energy hub and warned international oil companies (IOCs) not to carry out repairs on damaged ...

Kenya Lost East Africa Fuel Imports

Kenya Transporters Association stated that Rwanda and Burundi stopped importing their fuel needs through the Kenyan port of Mombasa because of the contamination of some cargoes and have opted to route shipments throug...

Tullow to Enhace FPSO Inspection

Arnlea Systems has been awarded a contract to carry out inspection services for African-focused Tullow Oil Plc. The Aberdeen-based asset manager is to use its hazardous area inspection system, Intrinsix Ex, to carry o...

Chevron to Sell African Assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron’s South African downstream assets, which include a 110,000b/d refinery in Cape Town, Reuters reported. The second bidding round in which actual o...

Swaziland Signed 2 Power Deals

Swaziland Electricity Company (SEC) signed agreements with South African state-owned power utility Eskom and JSW Energy to combat the country’s power crisis due to the almost baron dams as a result of low rainfa...

Nigeria to Reduce Oil Imports by 60%

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that Nigeria plans to reduce its level of fuel imports by 60% by the year 2018, Nigeria Today reported. Kachikwu added that one of the key p...

Angola Exported The Most Oil to China

Angola became China’s largest crude supplier for the second time in September, taking the top position from Russia, Reuters reported. China imported 4.19m tons of oil from Angola during September, averaging 1.02...

Mozambique Extended Gas Tender

The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development projects to use liquefied gas in initiatives such as...

ExxonMobil to Exit Nigeria’s Downstream

US oil and gas giant, ExxonMobil is following the footstep of Chevron to divest from the downstream sector of Nigeria’s oil and gas business with a plan to sell 60% of its equity in Mobil Oil Nigeria Plc (MON) to Nipc...

Page 12 of 40

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