AfrOil - Africa Oil & Gas
NNPC financials show refining losses
Ghana hopes to borrow $1.65bn for investment in offshore exploration and production
The government of Ghana has asked Parliament for approval to borrow up to $1.65bn for the purpose of investing in offshore oil and gas projects.
Air Products to supply MCHEs for NLNG’s Train 7 project
US-based Air Products has agreed to supply heat exchangers for the Nigeria LNG (NLNG) consortium’s Train 7 project.
Shell reportedly planning to reduce its footprint in Nigeria
Shell is reportedly gearing up to unload its stake in Nigeria-focused SPDC.
EACOP holding company seen “up and running” by end of September
Participants in the East Africa Crude Oil Pipeline (EACOP) project are reportedly on track to establish the holding company that will build and operate the link before the end of next month.
Sound Energy, Afriquia Gaz sign agreement on supplies from micro-LNG plant
UK-based Sound Energy said last week that it had signed a long-term supply agreement with Afriquia Gaz (Morocco) for fuel from the micro-LNG plant that will be built at the Tendrara licence area in eastern Morocco.
NNPC head sees AKK pipeline boosting Nigerian economy
Mele Kyari, the group managing director of Nigerian National Petroleum Corp. (NNPC), has said he expects the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline to give a boost to Nigeria’s economy.
Eni loses appeal of Ghanaian court ruling on setting aside 30% of Sankofa earnings
Italy’s Eni has lost its appeal of a previous court decision ordering its local subsidiary, Eni Ghana Exploration, to turn over some of the money it was earning from the sale of oil from the offshore Sankofa field.
Nigerien oil minister says NBEP project is moving forward
Niger's Oil Minister Sani Mahamadou said late last month that his country was making progress in its campaign to establish a new export route linking oilfields in the Agadem basin to the coast of Benin.
Eni gearing up to connect Cuica oilfield to production hub
Italy’s Eni is set to connect Cuica, a newly discovered field within the Cabaça development area of Block 15/06 offshore Angola, to production infrastructure in the near future.
AfrOil: Eni loses appeal against Ghanaian court ruling
Italy’s Eni has lost its appeal against a previous court decision ordering its local subsidiary, Eni Ghana Exploration, to turn over some of the money it was earning from the sale of oil from the offshore Sankofa field.
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