‘About 200 new oil and gas projects to be sanctioned in 2018’
In 2018, about 200 new oil and gas projects, with a collective amount of US$127bn, might get approval by year-end, according to Rystad Energy
E&P
Eni announces lease extension of Egypt’s assets, granted new license
Eni, Africa-focus oil and gas company, has announced a new concession agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, which has received approval by Egyptian authorities
Savannah to bolster Niger’s oil and gas activities
Africa-focused British independent oil and gas company Savannah Petroleum PLC’s subsidiary Savannah Niger has signed a MoU agreement with the Republic of Niger, to support the proposed early production scheme (EPS) and facilitate oil and gas infrastructure in the region
Total begins production at Angola’s Kaombo oil and gas project
French oil and gas giant Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260km off the coast of Luanda
Saipem wins FEED contract for NLNG Train 7 in Nigeria
Africa-focused Italian oil and gas major Saipem has received onshore E&C contracts in Saudi Arabia, Serbia, Mexico, Iraq and Nigeria, which worth approximately US$800mn
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