DMEA - Downstream Middle East & Africa
Majority state-owned Saudi Aramco is reported to have received bids from France’s TotalEnergies and Chinese firm Sinopec to take part in the development of the Jafurah unconventional gas project.
Investment in the midstream and downstream sectors of Gabon’s oil industry has grown significantly in the last year, with both public and private sector projects attracting new interest.
The Abu Dhabi National Oil Co. (ADNOC) has relaunched its multi-billion dollar Hail and Ghasha sour gas development project just days after it terminated pre-construction contracts awarded in January.
Both firms will set up a jointly owned special purpose vehicle for the purchase, transportation and distribution of natural gas to end-users. The operations will include a long-term sales agreement to produce gas from the Anchois development project.
Nigeria’s Port Harcourt Refining Complex (PHRC) may not complete the first phase of its rehabilitation project until September at the earliest, four months later than originally anticipated.
Nigeria is suspending plans for eliminating the subsidy on domestic fuel prices and will not take further action before the end of President Muhammadu Buhari’s term in late May.
ExxonMobil (US) has said that the Rovuma LNG consortium cannot start work on an onshore gas liquefaction complex without assurances of long-term stability in northern Mozambique.
Niger’s Energy Ministry said last week that the upcoming completion of a cross-border pipeline will enable the country to increase upstream oil production.
The Rapid Support Forces (RSF), a paramilitary group that has been clashing with Sudan’s armed forces, reportedly took control of the Garri refinery on April 25.