Oil | Egypt Oil & Gas - Part 38
Morocco: the New Investment Hub for Oil and Gas
Morocco has succeeded in becoming the new investment hub for oil and gas, said director general of the Moroccan National Hydrocarbons and Mining Company (ONHYM).
Oil Ministers of Egypt, Jordan, Iraq Sign MoU
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, Jordanian Minister of Petroleum and Mineral Resources, Ibrahim Saif, and the Iraqi Oil Minister, Adel Abdul Mahd, signed a memorandum of understan ...
Uganda, Kenya Joint Pipeline to be Better Option
East Africa’s race to export its first oil will eventually be a tie between neighbors Kenya and Uganda because both need to share a pipeline rather than compete for different routes.
Nigeria Closer to Oil find in Lake Chad Basin
Group Managing Director of NNPC has said it "may well be on the verge of a significant oil find" in the Lake Chad area, which has been blighted by Boko Haram-related violence.
Maersk Oil Acquires Interests in Onshore Discoveries in Kenya and Ethiopia
Maersk Oil has agreed to acquire half of Africa Oil Corporation’s shares in three onshore exploration licences in Kenya and a further two in Ethiopia.
Angola Seeks Collaboration on Oil, Gas with Nigeria
The government of Angola has called on the Nigerian business community to take advantage of investment opportunities that abound in their country.
Saudi Carbon Capture Project to Boost Recovery Rates
Saudi Arabia's first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said.
Nigeria Approves $2.1b Payment to Oil Marketers
Nigeria's government has approved the payment of $2.1b to oil marketers as outstanding payment for fuel subsidy claims, the state-run Nigerian National Petroleum Corporation has announced.
