Africa | Egypt Oil & Gas - Part 21
Roseneft Join Forces with ExxonMobil in Mozambique
RN-Exploration is a 100 percent-owned subsidiary of Rosneft of Russia and Exxon Mobil Exploration and Production Mozambique Offshore Limited is also a 100 percent subsidiary of US group ExxonMobil.
GE Buys $2.5bn Worth of Oil from Africa
General Electric Co. booked $2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola.
Production to Begin Soon in Nigeria’s Aje Field
The Aje shallow-water field offshore Lagos might begin crude oil production before the year runs out following the commencement of drilling on the Aje-5 production well on the Oil Mining Licence 113.
Tullow Manages to Reduce its Losses
Tullow Oil Plc, an Africa-focused energy producer, reported a smaller first-half loss after exploration writedowns shrank.
Nigeria’s President to Split State Oil Company in Two
Nigerian President Muhammadu Buhari plans to split the state-owned Nigerian National Petroleum Corporation (NNPC) into two entities, his spokesman said on Saturday.
GE Strikes $2.5 Billion African Orders From Oil to Locomotives
General Electric Co. booked $2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola.
Algeria Cuts Spending, Energy Revenues Falls
Algeria will trim spending in its 2015 budget by 1.35 percent, expecting a slump in oil prices to reduce its energy earnings 50 percent, the government said on Thursday.
New S.African Crude Blending Terminal to Supply Asia in 2017
Using the world's first dedicated crude oil blending terminal, South Africa will by 2017 mix different grades of crude oil for export to refineries across Asia, enabling them to produce cleaner fuels more cheaply, an ...
