Oil and gas industry in Uganda has been poised to steer the economic growth of the country, with a number of adjustments, policies and structures being implemented. According to World Bank, oil infrastructure in the Uganda, which has been the less spoken of topics that is surfacing with much potential to set the country on
Morocco and Nigeria on Sunday signed a joint declaration in Rabat laying out the next steps for the completion of a gas pipeline deal that will be built onshore and offshore, Moroccan state news agency MAP said. The two countries agreed to the pipeline in December 2016 and launched feasibility studies ending with a plan
Kenya’s president, Uhuru Kenyatta flagged off a pilot scheme to export crude oil via Mombasa as part of efforts to capitalize on the country’s oil reserves. Kenya discovered commercial oil reserves in its Lokichar basin in 2012 and a 800-km (500-mile) pipeline is due to be built before production starts up in 2021/22. The national
Kenyan President Uhuru Kenyatta on Sunday flagged off the first consignment of crude oil destined for export from the East African nation under a pilot scheme. Kenyatta flagged off trucks loaded with crude oil from the Turkana oil fields in northwest Kenya as part of the Early Oil Pilot Scheme (EOP). “This flag-off event and
In a bid to have locals gain employment in the oil and gas industry, China National Offshore Oil Corporation (CNOOC) has urged communities in Hoima to invest in education. The company, which is developing oil fields in Hoima, seeks to acquaint learners in the region with the oil and gas sector as a way of
Libya’s National Oil Corporation (NOC), Mustafa Sanalla, said that the NOC needs to remain independent from the country’s political struggles. He said that he categorically refused to allow the NOC to be used to settle any political issue. The NOC was constantly striving to achieve its national goals and to play its economic role to
Russia’s Rosneft signed a cooperation agreement with Fleet Energy and Fleetliner Energy for supplying gas to Egyptian industry, Egypt Oil & Gas reports. The deal was signed by Rosneft representative Didier Casimiro and President of Fleet Energy Group Essam Kafafi. The signing was attended by Rosneft CEO, Igor Sechin. This comes as the Egyptian cabinet had approved in
Powergas Nigeria, a domestic Compressed Natural Gas (CNG) Distribution Company and European Technologies for Africa (ETEFA)- an Austrian green technology company, are investing in the development of CNG as an alternate fuel for mass-transit and haulage sector in the country. To commence the pilot project of employing “One City Bus and One Truck” initiative, the
The Guardian has disclosed plans to organise an Oil & Gas Roundtable and Awards on June 23, 2018.The event would hold at the Eko Hotel & Suites, Victoria Island, Lagos from 5:00p.m. The theme of the roundtable is: “Driving Sustainable Gas to Power Initiatives in Nigeria: Challenges and Opportunities.” It would feature a keynote presentation and panel
The Federal Government still depends on International Oil Companies, IOCs, to know the exact volume of oil and gas exported to the global market. Chairman, Experts Advisory Panel, Nigeria Natural Resource Charter, NNRC, Mr. Odein Ajumogobia, who made this known at a workshop to consider outstanding remediation issues on Nigerian Extractive Industries Transparency Initiative, NEITI,