Here is a brief overview of the week's new on oilreviewafrica.com, from 20 - 27 March 2017
Lekoil agrees advance payment facility with Shell
Lekoil Oil and Gas Investments Limited has agreed an advance payment facility with Shell Western Supply and Trading Limited. Read the full story here.
NNPC to move into power generation and transmission
The Nigerian state oil company, the Nigerian National Petroleum Corporation (NNPC), stated in a statement by its chief that it was planning on moving into power generation and transmission, in order to try and resolve the country's long-standing power problems. Read the full story here.
Kpone Independent Power Plant in Ghana on course for completion in 2017
The Kpone Independent Power Plant, the largest private IPP in Ghana, is set for completion within 2017, according to African Infrastructure Investment Managers. Read the full story here.
BP makes third gas discovery in Egypt
BP announced on 27 March that it had made another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. Read the full story here.
Shell sells oil and gas assets in $587mn deal
Royal Dutch Shell has agreed to sell its onshore assets in Gabon to Assala Energy in a deal worth US$587mn, according to law360. Read the full story here.
ABS approval awarded to Coltraco Ultrasonics for offshore safety products
Coltraco Ultrasonics have confirmed that they have been awarded ABS Type Approval for two of its leading products used in offshore oil and gas and with navies worldwide. Read the full story here.
Kuwait's Minister of Oil appreciates Angola's output commitments
HE Issam A. Almarzooq, Kuwait’s Minister of Oil and Minister of Electricity and Water, and Chairman of the Joint Ministerial Monitoring Committee delivered the opening remarks to the second Meeting of the Joint Ministerial Monitoring Committee, which took place at the Jumeirah Messilah Beach Hotel in Kuwait. Read the full story here.