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
Uganda banks have shown commitment towards giving out loans and supporting activities of the Uganda’s oil and gas sector. Although the Central Bank regulations dictate that the bank can only avail a maximum of 25 per cent of the bank’s capital, many banks have started staging billions of money to lend to companies involved in
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
Gasoline Prices in Ghana remained unchanged at 1.01 USD/Liter. Prices of fuel are expected to remain unchanged for the first pricing window of August. This, is according to the Institute of Energy Security (IES). The institute in the last pricing window in July predicted a stability in the price of fuel. IES is however attributing the stability
Baker Hughes, a GE company has been awarded a contract by the South Gas Company of Iraq (SGC) for fast-track solutions to help the recovery of flare gas for Nassiriya andAl Gharraf [Garraf] oilfields. The importance of the project was highlighted by the attendance of several high-level officials, including Jabbar Al-Luaib, the Minister of Oil of Iraq, at the agreement-signing ceremony. As per the
Shell will start production from its two offshore wells at West Nile Delta field 9B in the first half of October 2018, according to oil minister Tarek El Molla, Egypt Oil & Gas reports. The company will also finish drilling eight production wells and two exploratory wells in Q3 2019. By then, the project’s productivity
The Angolan State Oil Company (Sonangol) announced today it has signed a memorandum of understanding with two foreign aviation companies to restructure its own Sonair Company, which ensures air transport in the sector. The document was signed on Wednesday by the chairman of Sonangol’s board Carlos Saturnino and Daniel Sigaud by the Luxembourg consortium Heliconia