Africa | Egypt Oil & Gas - Part 6

Nigeria to Privatize NNPC

Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, released a draft plan to overhaul state oil company Nigerian National Petroleum Corporation (NNPC) and eventually list it on the stock exchange in a b...

PTTEP to Decide on Rovuma Area1

PTT Exploration and Production Plc’s (PTTEP) Executive Vice President for Finance and Accounting, Pannalin Mahawongtikul, said the company was close to finalizing an investment decision on Rovuma Offshore Area 1 in Mo...

West Africa Grew Crude Exports

West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge, Rigzone reported. Nigeria’s exports in...

Rwanda, Congo Signed Joint Exploration Deal

Rwanda’s Minister for Natural Resource, Vincent Biruta, and the Congolese Minister for Hydrocarbons, Aimé Ngoi Mukena Lusa Desiré, signed a deal on the  joint exploration of oil, methane gas and other natural wealth i...

Kenya Delayed Power Plant

Kenya’s energy industry regulator has delayed issuing a license for a planned 1,000MW coal-fired power plant due to concerns about its potential environmental impact, Reuters reported. This comes after a coaliti...

Mozambique to Use Low Sulphur Fuel

In a move to reduce expensive imports of oil derivatives, Mozambique will replace the consumption of diesel with 500 to 50ppm (part per million) of sulphur by 2020, Club of Mozambique reported. The National Director o...

Vaalco Exited Angola

Houston’s Vaalco Energy exited the Angolan market,  discontinuing all operations, as the company picked up stake in Etame off Gabon during the third quarter of 2016, narrowing its focus and reducing costs, Offshore En...

NNPC to Reveal 2017 Lifting Firms

The Nigerian National Petroleum Corporation’s (NNPC) General Manager for Crude Oil Marketing Division, Mele Kyari,  stated that NNPC will announce the names of companies qualified for the lifting of the country’...

Ghana to Get FPSO for Sankofa

Eni Ghana’s Managing Director, Fabio Cavanna said the Ghana will receive a Floating, Production and Storage and Offloading (FPSO) vessel for the Sankofa project by March 2017 after which production of crude would comm...

Tanzania, Uganda to Expedite Crude Pipeline

Tanzania’s Energy and Minerals Minister, Sospeter Muhongo, and his Ugandan counterpart, Irene Muloni, signed and exchanged documents to speed up the execution of the $3.5b East Africa crude oil pipeline (EACOP), World...

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