Eni has agreed to sell a 10 per cent stake in the Shorouk concession, offshore Egypt, where Zohrs super-giant gas field is located to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company
Nigeria has earned a total export receipt of US$476.25mn in December 2017, from sale of crude oil and gas as against US$201.11mn in November 2017
Total has acquired Marathon Oil Libya Limited which holds a 16.33 per cent stake in the Waha Concessions in Libya
The Nigerian National Petroleum Corporation (NNPC) and the Kogi State government have signed a MoU to develop fuel-ethanol processing plant that would produce 84mn litres of bio-fuel per year
The oil industry has every reason to be optimistic, explains Kurt Kuckein, director of marketing at DDN
