Downstream

Lukoil acquires hydrocarbon project in Congo

35701059321 88cc6ca1cf zLukoil, a Russian multinational energy corporation, has concluded an agreement with New Age M12 Holdings Limited to acquire a 25 per cent interest in the Marine XII license in the Republic of Congo for US$800mn

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Angola petroleum leaders announce Cabinda and Luanda Refinery agreements

WhatsApp Image 2019 06 04 at 15.22.55Sebastião Pal Querido Gasper Martins, Sonangol E.P CEO, announced United Shine as the winner of the construction contract for the gasoline production unit of the Luanda Refinery and also signed a partnership agreement with United Shine for the Cabinda Refinery

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BP to sell Gulf of Suez oil assets to Dubai’s Dragon Oil

28524134082 0419ba1e80 zBP has agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company

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Eni announces fifth oil discovery offshore Angola

33713993482 5140eaa7e6 zEni, an Italian multinational oil and gas company, has announced that it has made a fifth oil discovery in one year in Block 15/06 in Angola’s deep offshore

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Sierra Leone announces re-opening of fourth licensing round

netherlands 1707388 640The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners and Getech, announced the re-opening of the fourth licensing round on 21 May 2019

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