Petrofac has been awarded an Energy Performance Certificate with a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the central processing facility (CPF), located in the Majnoon field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum EPC project scope of work includes two oil processing trains, able
The Government of India has opened a second phase of Discovered Small Field Policy (DSFC) bid worth Rs1tn ($14.46bn) and targeting over 25 discovered oil and gas reserves. The bidding round has been launched by the Union Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan and will kick-off next
Oryx Petroleum Corporation Limited announces that a wholly-owned subsidiary has entered into a Farmout Agreement with a subsidiary of Total S.A., providing for the transfer of the Corporation’s 30% participating interest in the Haute Mer B exploration license offshore Congo (Brazzaville) (“Haute Mer B”) to Total or an affiliate. All dollar amounts in this news
Prisoners in Osio in the northern Democratic Republic of Congo have, for an undisclosed period, been working in an illegal mine underneath a prison to extract diamonds. The illegal mine was only discovered recently after authorities raided the site. Prison officers and local people had before the raid set up temporary accommodation nearby to work
South African gold producers said that they had offered annual wage increases of up to 7.2 percent to underground employees and up to 4.5 percent for miners and artisans, after unions rejected a previous offer last week. Gold producers have argued that above-inflation wage hikes have been adding to the cost burden in the bullion
Oil minister Tarek El Molla discussed mutual cooperation with his Jordanian counterpart Hala Adel Zawati. Zawati visited major national oil companies including GASCO, Petrojet, and ENPPI where she was briefed on the capabilities of these Egyptian firms as well as the latest technologies they use in the petroleum and natural gas domains. The head of the Jordanian-Egyptian
The national company Belayim Petroleum Company (Petrobel) is planning to produce 500 million cubic feet per day (mcf/d) of natural gas from its south west Balteem project by mid-2019, according to the company’s head Atef Hasan. The company aims to drill 6 wells and build an offshore oil platform in the project. It also aims
Tullow Oil, British Oil Company will continue its oil and gas development activities in Turkana County, the Government has said. A statement from the Ministry of Petroleum and Mining reveals that the government has reached an agreement with the company, and such includes addressing the grievances that stalled the transportation of the commodity to the
Saipem has been awarded a new contract for Front End Engineering Design (FEED) for a new refinery in Hoima. Uganda recently awarded to the Albertine Graben Refinery Consortium following the signing of the Project Framework Agreement between the Consortium and the Government of Uganda ensuring development, design, financing, construction, operation and maintenance of the oil refinery in Hoima District.
Oil giant, Royal Dutch Shell Plc says it is seeking to develop Nigeria’s domestic energy market around natural gas. It’s plentiful, harder to steal, better for the environment and can underpin a robust industrial sector that could potentially employ thousands, according to Ed Ubong, the managing director of Shell Nigeria Gas. Nigeria’s gas reserves are