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Newsletter
23
rd July 2018
 CNOOC to invest US$3bn in Nigeria’s oil and gas projects CNOOC to invest US$3bn in Nigeria's oil and gas projects

China National Offshore Oil Corporation (CNOOC) is planning to invest US$3bn in its existing stakes in Nigeria's offshore oil and gas operations

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 SMEC wins oil terminal project in the Horn of Africa SMEC wins oil terminal project in the Horn of Africa

SMEC, a global consulting engineering firm, has won an oil products storage terminal project at Port Dukem in Ethiopia

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 Equatorial Guinea directs cancellation of CHC Helicopter contracts Equatorial Guinea directs cancellation of CHC Helicopter contracts

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated the country's petroleum operators to cancel all contracts with Canadian-based CHC Helicopters, due to noncompliance of Equatorial Guinea's national content regulations

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 ‘South Africa produces 50 per cent of fuel needs from local oil refineries’ 'South Africa produces 50 per cent of fuel needs from local oil refineries'

South Africa produces five per cent of its fuel needs from gas, 35 per cent from coal and 50 per cent from local crude oil refineries, according to the South African Petroleum Industry in South Africa 2018 report by Research And Markets, a global market research firm

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 Almansoori delivers facilities for Kenya’s first oil wells Almansoori delivers facilities for Kenya's first oil wells

Abu Dhabi-based AlMansoori Specialised Engineering has announced to deliver facilities for the Early Oil Pilot Scheme (EOPS) launch in Kenya

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 Focus on oil and gas development at the fourth Upstream West Africa Summit Focus on oil and gas development at the fourth Upstream West Africa Summit

The fourth edition of Vale Media Group's Upstream West Africa Summit took place in Dakar, at the Radisson Blu hotel from 20-22 June 2018

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 Savannah announces third oil discovery in Agadem Rift Basin Savannah announces third oil discovery in Agadem Rift Basin

Savannah Petroleum PLC, Africa-focused oil and gas company, has announced to make third oil discovery in Niger drilling campaign

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 Africa Oil Week 2018 announces conference programme Africa Oil Week 2018 announces conference programme

Conference programmes have been announced for the 25th Africa Oil Week (AOW) conference, to be held in Cape Town, South Africa 5-9 November 2018

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 SGS achieves strong growth, revenue worth US$3.30bn SGS achieves strong growth, revenue worth US$3.30bn

The SGS Group has announced to perform strongly in the first semester reporting total revenue of US$3.30bn

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Improved oil price drives African M&A activity Improved oil price drives African M&A activity

The signs of recovery that were witnessed in the Africa mergers and acquisitions market look set to increase during this year. Leading consultancy firm EY analyses the promising news for deals across the continent. The full article has been published in the latest issue of Oil Review Africa

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Lighting an energy-rich continent Lighting an energy-rich continent

Moin Siddiqi examines the potential of mini-grids to electrify rural areas instead of through traditional diesel and hydropower generation facilities. The full article has been published in the latest issue of Africa Review

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 Urgent US$621bn needed for Africa to meet UN SDGs Urgent US$621bn needed for Africa to meet UN SDGs

The Global Infrastructure Hub, a G20 initiative, has revealed an urgent need for infrastructure investment in 10 Compact with Africa countries and highlights that reforms are required to encourage greater investment

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