Equinor Postpones Bay du Nord Canada Oil Project Over Rising Costs
Norway’s Equinor decided that due to rising costs, the company will delay its Bay du Nord Canadian offshore oil project for up to three years.
Delay | Egypt Oil & Gas
Egypt Halts Sudan’s Electricity Interconnector Project
The ministry completed the project and requested operational trial from the Sudanese side in March, but it received back a reply that there is no electricity minister in Sudan.
Egypt Delays Purchase of Oil Price Hedging Contract
The government will delay the purchase of the hedging contract designed to guard against rising oil prices, despite agreeing a deal with several investment banks.
Egypt, KSA to Delay Electric Connection Bid
(EETC) decided to delay a bid on electric connection with KSA to April.
Sonangol Delayed Cash-Calls to Oil Majors
Angola's state oil company Sonangol has amassed hundreds of millions of dollars in debts and deferred payments to oil majors and contractors while dos Santos attempts to reform its operations.
Third FSRU Delayed until Further Notice
The Egyptian Minister of Petroleum, Tarek El Molla, announced the postponement of the third floating and storage regasification unit (FSRU) with a capacity of 750mcf/d of liquefied gas.Page 1 of 1
