Downstream

‘Africa is the second highest in global CDU capacity addition by 2023’

China global 25f 1Africa is expected to be the second highest in terms of capex as well as crude distillation unit (CDU) capacity additions during 2019–2023, according to GlobalData, a leading data and analytics company

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Global decommissioning set to hit $36bn by 2021: Rystad Energy

470401113 d113716715 zGlobal decommissioning in the oil and gas industry is projected to hit an average of US$12bn per year from 2019 through 2021, according to Rystad Energy, an independent energy research company

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Equatorial Guinea takes decisive step toward joining the EITI

Equatorial Guinea 23Equatorial Guinea has made a decisive step toward joining the Extractive Industry Transparency Initiative (EITI) in Oslo, Norway, receiving the endorsement of the EITI International Secretariat and establishing positive bilateral relations between the two parties

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Anadarko signs LNG agreement with Pertamina

filling plant lng makassarAnadarko Petroleum Corporation has announced that Mozambique LNG1 Company Pte. Ltd – the jointly owned sales entity of the Mozambique Area 1 co-venturers – has signed a sale and purchase agreement (SPA) with Pertamina

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ENOC, Indian Oil Corporation partner to broaden marine offerings

ENOC Group and Indian Oil Corporation partner to broaden global marine offerings and tackle industry challengesThe UAE’s ENOC Group has partnered with Indian Oil Company (IOC), a commercial oil and gas company in India, to expand its global footprint while building on IOC’s R&D infrastructure

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