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Issue 197 - 05 November 2010

Afren arm takes onshore stake

Subscriber

Afren affiliate First Hydrocarbon Nigeria (FHN) has acquired a 45% interest in onshore OML 26 in Delta state. FHN is an indigenous upstream oil and gas company in which Afren holds a 45% interest. The stake has been acquired from Shell Petroleum Development Company,

Nigeria
Issue 196 - 23 October 2010

France’s Rubis buys Shell LPG assets

Subscriber

French petroleum products storage and distribution company Rubis has signed an agreement with Royal Dutch Shell to buy its liquefied petroleum gas (LPG) distribution activities in southern Africa for E50m ($70m).

Issue 196 - 23 October 2010

Foster Wheeler gets Ain Sokhna contract

Subscriber

Carbon Holdings has given Foster Wheeler a project management consultancy contract for a petrochemical complex in Ain Sokhna with a nameplate capacity to produce 1.35m t/yr of polyethylene.

Egypt
Issue 196 - 23 October 2010

New refinery planned for Tema

Subscriber

The government has signed a memorandum of understanding (MoU) with China Tianchen Engineering Corporation for a new 120,000 b/d refinery at Tema.

Ghana
Issue 196 - 23 October 2010

NOC decides domestic gas price

Subscriber

An ad hoc committee at National Oil Corporation has reached agreement in principle on the price at which gas will be sold to end users within the country.

Libya
Issue 196 - 23 October 2010

Zim tycoons buy up fuel marketing

Subscriber

A consortium led by businessman Moses Chingwena has acquired 51% of Engen Petroleum Zimbabwe, enabling Engen to buy Chevron’s Zimbabwe operations.

Zimbabwe
Issue 195 - 09 October 2010

Refinery, oil terminal plans

Subscriber

The Ministry of Mines, Industry and Energy has selected KBR to provide conceptual design and project management services for the Mbini refinery.

Equatorial Guinea
Issue 195 - 09 October 2010

NIGERIA: SacOil JV on OML 115

Subscriber

South Africa’s SacOil (South Africa Congo Oil Company) has formed a joint venture with Energy Equity Resources (EER) on OML 115 in the onshore Niger Delta. SacOil said the JV formed part of its strategy of seeking producing and near-producing oil and gas fields in Africa

Nigeria
Free

Sonatrach has started awarding contracts for key projects again after a year of paralysis caused by corruption investigations and management changes

Algeria
Issue 194 - 25 September 2010

Swapo factions in power struggle for Namcor

Subscriber

The often murky world of products trading has sucked in the former freedom fighters of Namibia’s ruling party, with a power struggle between rival factions for control of Namcor, writes Our Windhoek Correspondent

Namibia
Free

Electricity production and consumption are projected to rise sharply in Creg’s latest forecast, pointing to a further spate of new-build, predominantly gas-fired power plants being ordered in the next decade. Even so, the Algerian regulator is projecting a slower increase in gas demand than was previously forecast.

Algeria
Free

Traders’ concern over payments delays have made NNPC’s fuel importing arm a heavily insured entity on the single-risk insurance markets.

Nigeria
Subscriber

South African marketer Engen Petroleum Limited has signed share purchase agreements for Chevron’s downstream interests in seven countries in sub-Saharan Africa and the Indian Ocean.

Mauritius | Mozambique | Réunion | Malawi | Zambia | Zimbabwe | Tanzania | South Africa
Issue 193 - 11 September 2010

POINTERS: CNPC, NLNG, Leighton Offshore

Subscriber

CHAD: Commission approves refinery project; NIGERIA: NLNG LPG, condensate tender; TANZANIA: Upgrading work for Dar port

Chad | Nigeria | Tanzania
Issue 193 - 11 September 2010

Fuel terminal close to completion

Subscriber

A new fuel terminal at the TangerMed port project is close to completion and will be brought into service by year-end.

Morocco