Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation (NNPC), has directed the Chinese consortium and the NNPC project team to ensure timely finalisation of the Ajaokuta-Kaduna-Kano (AKK) pipeline project that aims to enable connectivity between the East, West and North Africa
Downstream
Gazprom tops global capex across oil and gas value chain, says GlobalData
Russia’s Gazprom is expected to spend US$160bn capital expenditure (capex) on 84 oil and gas projects globally by 2025, according to GlobalData, a leading data and analytics company
Hansa Heavy Lift transports giant carousel to Nigeria’s Egina oil field
Germany-headquartered Hansa Heavy Lift (HHL), global provider of marine lifting solutions for cargo weighing, has transported a giant carousel together with eight reels, weighing a total of 3,508.7 mt, from the UK’s Newcastle to Nigeria’s Egina oil field
ExxonMobil acquires 30 per cent stake in Namibia’s offshore oil block
ExxonMobil Namibia (PEL44) Limited, an affiliate of ExxonMobil Corporation, has entered into an agreement with Azinam Limited, Namibian oil and gas explorer, to acquire a 30 per cent interest in petroleum exploration licence (PEL) 44, offshore Namibia
Wentworth achieves US$10.79mn gas sales revenue of Tanzania asset in H1 2018
Wentworth Resources Limited, an independent East Africa-focused oil and gas company, has achieved Mnazi Bay gas sales revenue of US$10.79mn in H1 2018, up 112 per cent compared to H1 2017
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