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Newsletter
12
th November 2018
Africa Petroleum Energy
 Panoro Energy to acquire OMV Tunisia Upstream GmbH Panoro Energy to acquire OMV Tunisia Upstream GmbH

London-based independent E&P company Panoro Energy's Norwegian subsidiary Panoro Tunisia Production AS has signed an agreement with OMV Exploration and Production GmbH to acquire 100 per cent of the shares of OMV Tunisia Upstream GmbH for a transaction value worth US$65mn

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 GE to power Nigeria’s largest oil refinery GE to power Nigeria's largest oil refinery

GE's Power Services has signed a multiyear service agreement (MYA) with GEL Utility Limited (GELUL), to support the power generation requirements of Nigerian National Petroleum Corporation's (NNPC) wholly owned subsidiary-the Port Harcourt Refining Company

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 Congo launches phase II licensing round Congo launches phase II licensing round

Congo officially launched its phase II licensing round for 13 new open blocks during Africa Oil Week in Cape Town

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 Outlook for Africa’s oil and gas industry is positive: PwC report Outlook for Africa's oil and gas industry is positive: PwC report

The outlook for Africa's oil and gas industry is positive amid difficult operating and economic headwinds, according to PricewaterhouseCoopers (PwC) report

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 Gabon reduces corporate tax to zero per cent to attract investment Gabon reduces corporate tax to zero per cent to attract investment

Gabon has slashed corporate tax to zero per cent in a bid to attract new investors, the oil ministry has announced

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 Angola’s President meets Eni CEO Claudio Descalzi Angola's President meets Eni CEO Claudio Descalzi

Angola's President João Gonçalves Lourenço has met Eni CEO Claudio Descalzi in Luanda to discuss Eni's operational activities and initiatives in the country

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 Sudan is positioned for another boom, says energy minister Sudan is positioned for another boom, says energy minister

Sudan is ready to take off and experience a 'second boom' after years of war and US economic and financial sanctions, says Azhari Abdalla Abdelgader, minister of petroleum and gas

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 Nigeria’s natural gas production up by 8 per cent: NNPC report Nigeria's natural gas production up by 8 per cent: NNPC report

A total of 230.35 bcf of natural gas was produced in Nigeria in July, averaging a daily production of 7,678.17 mnscf

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 Eni continues to support Libyan oil and gas activities Eni continues to support Libyan oil and gas activities

The head of the presidential council of the Libyan government of national accord, Fayez al-Sarraj, met with the CEO of Eni, Claudio Descalzi, in Tripoli and discussed the general situation of the country, addressing the security situation in particular

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 South Africa joins IEA as eighth association country South Africa joins IEA as eighth association country

Jeff Radebe, minister of energy, Republic of South Africa and Dr Fatih Birol executive director of IEA has signed an agreement for South Africa to join the IEA

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OPTIMISTIC OUTLOOK FOR REFINING CAPACITY IN NIGERIA OPTIMISTIC OUTLOOK FOR REFINING CAPACITY IN NIGERIA

Between 2018 and 2022, Nigeria will be the growth engine of the refining industry in the Middle East and Africa, according to Global Data. Despite another delay to the Petroleum Industry Bill (PIB), investment remains buoyant. The full story can be found in the latest issue of Oil Review Africa Digital Magazine

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Injecting new life into deepwater wells Injecting new life into deepwater wells

Steven R. Fipke, business development manager, Tendeka, describes an innovative technological solution to manage injection rates while preventing the mobilisation of solids during shut-ins, thereby prolonging the life of the well. The full story can be found in the latest issue of Oil Review Middle East Digital Magazine

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 World gas production increased by 3.6 per cent: Eni's oil, gas and renewables review World gas production increased by 3.6 per cent: Eni's oil, gas and renewables review

World gas production has increased by 3.6 per cent, the highest y-o-y increase since 2010, said Eni at the second volume of the World Oil, Gas and Renewables Review

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