Uganda's developmental plans in the petroleum sector cover a 24-inche 1445-kilometer crude oil pipeline, an oil refinery in Hoima, amid other facilities that are expected to be launched by the end of 2017.
Nigeria’s $12b Dangote Oil Refinery, which will be the largest in the world slated for Lagos, will be in full operation by 2019 and is expected to produce 650,000b/d of oil.
China Petroleum and Chemical Corp. (Sinopec) is nearing a deal to buy Chevron's South African oil assets for up to $1b to secure its first major refinery on the continent.
Parallel to the military troops’ operations, the government has also been holding talks with militants to end the attacks on the country’s oil pipelines.
Saudi Aramco finalized the execution of definitive agreements with Royal Dutch Shell plc to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC joint venture (JV).