Africa | Egypt Oil & Gas - Part 36
Libya’s El Sarir Oil Pipeline Sabotaged
Libya’s El Sarir oil field is still unable to pump oil to Hariga port after sabotage on a pipeline just north of the field where repairs are ongoing, an oil official said on Sunday. The pipeline was damaged and ...
Seplat Aquires Stake in OML 53 and OML 55 in Nigeria
Seplat Petroleum Development Co. Plc has completed stake acquisitions in OML 53 and OML 55 in Nigeria. Seplat has completed the acquisition of a 40% working interest in OML 53, onshore north eastern Niger Delta from C...
Aggreko Commissions 18 MW Power Plant in Mozambique
A new power plant has been commissioned in Mozambique by Aggreko and state power utility Electricidade de Moçambique (EDM). The diesel plant in the port city of Nacala comprises 22 diesel generator sets and has a maxi...
Dyna-Mac to Build Topsides Modules for Deepwater Angola FPSO
Dyna-Mac has secured a S$60-million ($44-million) letter of award to construct six units of FPSO topsides modules for Armada Cabaca Ltd., an affiliate of Bumi Armada Berhad. Dyna-Mac’s scope includes detailed engineer...
Angola to Cut Budget by 25% as Oil Revenue Plunges
Angolan President Jose Eduardo dos Santos said oil revenue in this year’s budget will plunge by almost half, forcing Africa’s second-largest crude producer to cut spending. Projected oil revenue will decline to cover ...
Oil Export Port Reopens After Strike Staged by Guards in Libya
The port, located near the Libya-Egypt border, was closed Feb. 7, and the continued closure of the port would have cut Libya’s oil exports to an estimated 100,000 barrels per day or less. Before the fall of form...
Nigeria Exports N9.5tr of Crude Oil and N923.5b of LNG in 2014
NIGERIA earned N9.5 trillion from crude oil export trade and N923.5 billion from natural liquefied gas in 2014, according to the National Bureau of Statistics. The bureau said in a report titled: “Nigeria in 2014: Eco...
Libya’s Hariga Oil Export Port Shuts Down by Strike
Libya’s eastern oil export port Hariga shut down due to a strike of security guards, a port official said on Sunday. Hariga in Tobruk was the last functioning export port apart from two offshore fields. It used ...
