SOMAGEC, a Moroccan port and maritime infrastructure company, will support efforts to establish an oil-refining and petrochemical complex at the Damerjog Industrial Park (DDIP) in Djibouti by building a new storage terminal.
Nigeria’s ADM Energy hopes to contract Eunisell, a local provider of oil and gas production solutions, for future work at Barracuda, an oilfield within the shallow-water licence area known as OML 141.
Hermenegildo Buila, the business director of Angola’s National Oil, Gas and Biofuels Agency (ANPG), has said he expects the country’s onshore bidding round to lead to the creation of as many as 5,000 jobs in the hydrocarbon sector.
Small caps have offered huge returns with flotations the new "kitsch". Turk Ilac, locked at the price ceiling for 20 days, became a rich butt of jokes.
Argentina’s government is looking to establish long-time price controls for the domestic oil market, according to Production Minister Matias Kulfas.
The governments of Uganda and Tanzania have joined representatives of France’s Total and China National Offshore Oil Corp. (CNOOC) in finalising host government agreements (HGAs) for the East Africa Crude Oil Pipeline (EACOP) project.
Italian major Eni has closed its acquisition of Singaporean independent KrisEnergy’s 100% stake in Block 115/09, which lies offshore Vietnam.
India’s first floating storage and regasification unit (FSRU) has arrived in the country.
The Dakota Access oil pipeline received a boost last week, when the administration of US President Joe Biden said it would not force the pipeline to be shut down while federal regulators carry out a new environmental review on the project.