US Announces Oil, Gas Drilling Auction Plans for June

• Tuesday, 19th April 2022
• by Sarah Samir

The US plans to offer oil and gas firms drilling rights of federal acreage. These drilling rights are set to be in eight states at least and will be offered in June, Reuters reported. The announcement was made after t...

Petrobras Opens Bidding for Lease of Biggest LNG Terminal in Brazil

• Tuesday, 4th August 2020
• by Fatma Ahmed

Petrobras announced that it opened bidding process for lease of its LNG regasification terminal and associated facilities. The terminal is located in the northeast of Bahia, according to S&P Global Platts. The com...

Kenyan KPC, KPLR Sign 3-Year Lease Agreement

• Wednesday, 15th March 2017
• by

Kenya Pipeline Company (KPC) has signed a 3-year lease agreement with Kenya Petroleum Refineries Limited (KPRL) as it looks to expand the country’s oil storage capacity, Procurement & Logistics Online reported. Ac...

Chevron to Lease Oil Vessel Base in Brazil

• Wednesday, 8th June 2016
• by Egypt Oil & Gas

US supermajor Chevron plans to sign a five-year agreement to lease berthing space for its vessels from US oil service company Edison Chouest Offshore. The $275m base, which is scheduled to be completed by mid-2017, is...

Liberia, Kosmos Energy to Close Deal on Controversial Blocks

• Wednesday, 11th November 2015
• by Egypt Oil & Gas

Liberia appears to be nearing closer to sealing the lease of two controversial oil blocks. Negotiations for oil blocks 6 and 7 previously awarded to the Hong Kong Tongtai Petroleum International Corporation Limited ha...