Total | Egypt Oil & Gas - Part 14

Nigeria Reaches $5.1b Debt Deal with Oil Majors

Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.

Iran, Oman Discuss Sub-Sea Gas Pipeline Project

Iran and Oman discuss an opportunity to launch a sub-sea gas pipeline project between the two countries with three major international oil companies, Shell, Total, and Korea Gas Corp.

Total to Invest in the UAE

Total will continue investing in the UAE, as it has plans to be part of offshore concessions of Abu Dhabi Marine Operating Company (Adma-Opco) .

Mafumeira Sul field Began Oil Output

Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000b/d.

Total to Develop Iran’s South Pars field

French Total signed memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to develop a major offshore gas field under a 20-year contract worth $4.8b.

Kuwait Cut Fuel Premiums

Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.

Total Took 10% Stake in Refinery

Total SA, the French oil company drilling wells in Uganda, agreed to take a 10% stake in the country’s planned refinery as it seeks other investors for the $4b plant.

CNOOC, Total to Build Uganda Pipeline

China National Offshore Oil Corporation and France's Total are in final talks over the construction of Uganda's oil pipeline that will run up to the Tanzanian seaport of Tanga.

Chevron to Sell African Assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a 110,000b/d refinery in Cape Town.

Sonatrach Won Profit-Sharing Case

Sonatrach has won a law suit against Spanish Repsol in the International Court of Arbitration over profit sharing.

Page 14 of 23

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password