CPTDC wins compressor work from Orca
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
Mauritius has declared a state of emergency in response to a worsening oil spill offshore and is seeking international assistance.
Zenith Energy is no longer the operator of the Tilapia licence in Congo Brazzaville, the company has said.
No company has been immune from the headwinds facing the global oil industry, even Saudi Aramco.
Turkey has issued a new navigational warning – navtex – on waters also claimed by Greece.
Nigerian National Petroleum Corp. (NNPC) has signed a heads of terms with Cnooc Ltd and South Atlantic Petroleum (Sapetro) to bring to an end a dispute on OML 130.
Egypt and Greece have signed an agreement on how to divide territorial waters, a move swiftly condemned by Turkey.
The US has set out sanctions against fuel smugglers in Libya and a businessman in Zimbabwe, amid a wider move by the country to bring pressure to bear on foreign interests.
Bristow Helicopters has set out plans to make around 100 employees redundant in Nigeria, which has spiralled into a labour dispute.
The United Bank for Africa (UBA) has participated in a consortium to lend $1.5 billion to Nigerian National Petroleum Corp. (NNPC) and its upstream Nigerian Petroleum Development Co. (NPDC) unit.
Delek Drilling has raised $2.25 billion through a bond issue to refinance debt taken out for its Leviathan project.
Genel Energy reported an operating loss of $340 million for the first half of the year, but still generated $6.5mn of free cash flow.
The US has called for “all responsible parties” to allow the National Oil Corp. to go about its business.
Qatargas has chosen Air Products to supply process units to the major LNG expansion programme, which will become operational in 2025.
Eskom has launched an attempt to recover cash lost to alleged corruption, which took place in 2015-16.
Adnoc Logistics & Shipping has launched a joint venture with Wanhua Chemical Group focused on the transportation of LPG and products.
Austin Avuru has retired from his position as CEO of Seplat Petroleum, paving the way for Roger Brown, current CFO, to take the top spot.
The Syrian Ministry of Foreign Affairs and Expatriates has condemned “in the strongest terms” a reported deal between a US oil company and the Syrian Democratic Forces (SDF).
Nigeria-focused San Leon Energy will stump up $15 million as a loan to secure the completion of the Alternative Crude Oil Evacuation System (ACOES), for exports from its OML 18.
Sasol has invited bidders to participate in developing two 10 MW solar photovoltaic (PV) facilities in South Africa.
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
The Serious Fraud Office (SFO) has won orders confiscating £5.45 million from former Afren executives.
Glencore produced more oil in the first half of the year, despite shutting down its Chadian assets.
Last year was a “pivotal year” for Savannah Energy, the company has said announcing its 2019 preliminary results, as revenues flowed from its Nigerian portfolio.