Godwin Obaseki, the governor of Edo State in Nigeria, has signed a MoU with a Chinese consortium for the development of a 5,500 bpd modular refinery in Edo State
Nigeria's Edo State to develop 5,500 bpd modular refinery
Exploration
NOC wins arbitration case over Ras Lanuf Refinery in Libya
Libya’s National Oil Corporation (NOC) has won two international arbitration cases for the 220,000 bpd-capacity Ras Lanuf Refinery, and said that production would resume as early as possible
Chinese Sinopec to acquire Chevron South Africa
Sinopec, one of Chinas largest state-owned companies, has undertaken to invest US$480mn in South Africa to upgrade and modernise Chevron South Africa’s Cape Town-based oil refinery
Algeria's Sonatrach to help in Iraq’a oil and gas exploration projects
The government-run energy company of Algeria, Sonatrach, is planning possible investment opportunities in Iraq’s oil exploration and natural gas projects
Explorers primed for 2018, although caution likely to be paramount: Wood Mackenzie
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018
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