Egypt to Receive $1.5B Investment Loan
The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.
Africa | Egypt Oil & Gas - Part 4
Shell Finalizes Vivo Energy Sale
Shell finalized the selling of its 20% shareholding in Vivo Energy Holding B.V. for a total amount of $250m. The selling comes in line with Shell's plan to focus on downstream activity in areas where it can be most c ...
OEG Offshore to Supply 100 Units to African Companies
OEG Offshore has delivered cargo carrying units for rental supply agreements in Europe and Africa during the start of 2017.
ARA WEEK 2017 Aims at Achieving Clean Fuels in Africa
The African downstream oil industry comes to Cape Town March 13-17th for ARA WEEK at a critical time for the supply, refining, storage, distribution and marketing sectors of the energy supply chain.
Nigerian Vitol Sells 4m Oil Barrel, Supply Glut Eases
Vitol Group BV is offering to sell Nigerian crude oil from a storage terminal in South Africa, in what may be a signal that the global supply glut is beginning to ease.
Mozambique Awards 3 Gas Development Projects
Mozambique's National Petroleum Institute (NPI) announced that the government has awarded three contracts for gas development projects across the region.
Partners of Cameroon’s Etinde Offshore Permit Mull Offtake
Partners on the Etinde permit offshore Cameroon are now considering offtake to existing facilities in Equatorial Guinea as a new possible solution.
Mozambique Approves Offshore Coral South Gas Project
The Mozambican government’s oil and gas company ENH will have to pay $800m for its share of 10% in the natural gas exploration project in Area 4 of the Rovuma Basin.
ExxonMobil Drills Liberia’s Mesurado-1 Well
ExxonMobil Exploration and Production Liberia announced that it has commenced the drilling of its first well, the Mesurado-1, off the coast of Liberia.
