Vitol | Egypt Oil & Gas - Part 2
Ghana to Get FPSO for Sankofa
Ghana will receive a Floating, Production and Storage and Offloading (FPSO) vessel for the Sankofa project by March 2017 after which production of crude would commence by August. An estimated 170mcf of gas would be p ...
Shell, Vitol to Store Iraqi Crude at Fujairah
Royal Dutch Shell and Vitol are stepping up their operations in the port of Fujairah to store Iraqi crude as production from the OPEC member rises.
Sankofa-Gye Nyame to Produce Oil 2017
Oil production from Ghana’s Sankofa-Gye Nyame oil field, is expected to commence in the second quarter of 2017 while production of gas is expected to begin in the second quarter of 2018.
GNPC Received $500m LOC for Sankofa Gas
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field.
Kenya Opened New Fuel Storage Facilities
Kenya’s Vivo Energy has opened a 23m liter diesel storage tank at the company’s Mombasa terminal at Shimanzi, giving the company the largest diesel storage facility in Kenya.
West Africa to Ship 60 Oil Cargos to Asia in September
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
Europe’s Guvnor, Vitol Record First Gasoline Shipment to Iran
Europe’s trading giants Guvnor and Vitol shipped their first gasoline to Iran vying for Iranian market share to gain a foothold in the Iranian oil supply.
Vitol to Export First US Oil Cargo, US WTI Hits Premium over Brent
Switzerland-based Vitol has been announced to load the first US export cargo after 40 years from the Enterprise Products Partners' Houston terminal in the first week of 2016. US West Texas Intermediate (WTI) keeps m ...
