Nigeria
Shell HI OML 144 platforms is on its way to first oil. The international oil company (IOC) Shell and the Nigerian independent company Sunlink Petroleum Limited (Sunlink) are willing to proceed on fast-track to develop shallow water HI offshore project in Nigeria.Located in the OML 144 Block, the gas field HI is estimated to hold: […]
Dangote awarded PMC and EPCM contracts to EIL The privately-owned Dangote Group selected the Indian state-owned engineering company Engineers India Ltd (EIL) to provide engineering, procurement and construction management (EPCM) services for the $9 billion refinery and petrochemical complex to be built at Olokola in Nigeria. This EPCM contract comes on the top of the project […]
TransCanada to fill in Energy East Pipeline application The Canadian midstream company TransCanada is already working on filling in the application to be submitted to the Canada National Energy Board (NEB) for the regulatory approval of its Energy East Pipeline project. This decision comes up in a context where TransCanada sees the probability of the US […]
Nigeria to restore refining capacities with private loans On September 4th 2013, the Nigeria private Dangote Group (Dangote) sealed a financial agreement with 12 banks for a $3.3 billion loan to build a greenfield refinery and petrochemical complex in Olokola in the south of Nigeria. With $8 billion capital expenditure, this $3.3 billion loan will […]
Ghana – Nigeria Key Projects and Business Highlights Around the Gulf of Guinea, Ghana and Nigeria appeared as the most active countries during the first half 2013 with upstream and downstream projects led by international and national companies such as Anadarko Petroleum (Anadarko), Eni, Ghana National Petroleum Corporation (GNPC), Kosmos Energy (Kosmos), Lekoil Ltd (Lekoil), Sabre Oil and Gas (Sabre), Total, Tullow Oil plc (Tullow), […]
Tanesco awards Mtwara Power Plant to Symbion-GE The Tanzania National Electrical Supply Company (Tanesco) signed a $1 billion contract with the US consortium of Symbion Power (Symbion) and the technology company General Electric International (GE) for the team of the Mtwara Power Plant and the expansion of the electrical power national grid in the south […]
Petroleum Products Pipeline SA won first fuel pipeline The Petroleum Products Pipeline SA (3PL SA) has been awarded the construction of the first fuel pipeline in Cameroon. The Petroleum Products Pipeline SA is a joint venture between African investors let by the West Africa Investment Corporation (WAICO SA) and South Korean companies. WAICO SA is already […]
Lekoil to join YFP, Chevron and Vitol in Block OML 113 The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113). This transaction will apply to 6.502% of the […]
