Africa | Egypt Oil & Gas - Part 14

India to Invest $15b in Nigeria’s Oil, Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector, Vanguard reported. India will provide the amount as upfront...

Solo Oil to Drill New Well at Ntorya

Solo Oil has completed site preparations for the Ntorya-2 appraisal well, Stock Market Wire reported. The majority of other well services have also been contracted. Therefore, Solo estimates that the Ntorya-2 appraisa...

Lekoil Raised $12.4m for Otakikpo Oil field

Lekoil, a West Africa-focused oil and gas exploration and production company, announced that it has raised about $12.4m to bring Nigeria’s Otakikpo field into commercial production, Ecofin Agency reported. The company...

Tanzania to Operate Gas Pipeline for 90 Years

The Project Manager for Tanzania’s 542km gas pipeline from Mtwara to Dar es Salaam, Allan Slowe, said the pipeline’s lifespan will extend from 30 to 90 years, ESI Africa reported. Slowe, an employee at Worley Parsons ...

Dangote to Supply Gas, Fuel to Ghana

Nigeria’s Dangote Group, which is currently building one of the world’s largest refinery, will supply natural gas to Ghana through West Africa Gas Pipeline Company. Ghana will receive over 20% of natural gas from the ...

Uganda Won Best NOC in Africa

The Uganda National Oil Company’s (UNOC) CEO Josephine Wapakabulo, stated that the company won the award of the best national oil company presentation at an oil and gas forum in South Africa, All Africa reported. The ...

Nigeria’s Oil Output to Grow by 22%

Nigeria’s Oil Minister, Emmanuel Ibe Kachikwu, said that Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels, Reuters reported. The Organization of the Petrol...

TANESCO Started Kenya–Tanzania Power Bids

Tanzania Electric Supply Company (TANESCO) has issued tenders to eligible bidders for the execution of work related to Kenya–Tanzania power interconnection project, that included but not limited to the design, manufac...

Nigeria to Explore Oil in Bauchi, Gombe

The Nigerian National Petroleum Corporation’s (NNPC) Managing Director,  Maikanti Baru, stated that the company has concluded plans to move heavy equipment to Bauchi and Gombe States in preparation to explore for oil ...

Sudan, China to Renew Oil PSA

Sudanese State Minister for Oil, Mahmoud Abdel-Rahman, and the Chinese Envoy for Arab Affairs Ambassador, Lee Ching, discussed the renewal of the production sharing agreement (PSA) for Block B2 oil field in Heglig, lo...

Page 14 of 40

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