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Kenya oil terminal relocation plan moving along

Mombasa Port MEAACT PHOTO STUART PRICE Wikimedia CommonsKenya Ports Authority (KPA) is finalising the preliminary designs for the planned relocation of the Kipevu oil terminal in Mombasa

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Uhuru to flag off first shipment of Turkana oil on 3 June

Uhuru TurckFollowing a meeting with international oil and gas majors, Kenyan State House has announced that the President Uhuru Kenyatta will flag off the first shipment of oil from Lokichar in Turkana County on 3 June 2018

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EBRD provides US$200mn loan to modernise oil refinery in North Africa

SOPCThe European Bank for Reconstruction and Development (EBRD) has announced to provide US$200mn loan to help in energy efficiency and modernisation of the oil refinery owned by Suez Oil Processing Company (SOPC) in Egypt

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Modulift refurbishes subsea beams for oil and gas project

offshore liftModulift has refurbished two subsea spreader beams for a major subsea installation contractor before they were used to lift 260 tonnes and 280 tonnes manifolds for a field development offshore Libya

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Low oil production minimised Cameroon’s economic growth in 2017, says IMF

Corinne DelechatOverall economic growth in Cameroon decelerated to 3.2 per cent in 2017, due to a steep decline in oil production despite the gradual rebound in international prices, said IMF’s Corinne Deléchat after concluding visit to Yaoundé from 27 April to 14 May 2018

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