National Oil Corporation of Kenya (NOCK) has signed a MoU with the US-based global oilfield services company Schlumberger, a move that aims to explore new oil blocks in the eastern African country, boosting its oil and gas industry
Uganda has signed an agreement with international companies to construct a US$4bn oil refinery in the country’s Hoima district, thus developing oil and gas opportunities in the East African nation
Ashtead Technology, the international subsea equipment specialist, has selected SPRINT-Nav systems from Sonardyne International Ltd, a move that aims to support Ashtead’s offshore oil and gas projects using ROVs and AUVs in water depths down to 4,000 metres
South Korea-based Hyundai Heavy Industries (HHI) has received an order worth US$58mn from Dangote Oil Refining Company to build 15 bullet tanks that will store 75,000 cu/m of liquefied petroleum gas (LPG)
Capital expenditure (capex) into conventional, unconventional and heavy oil projects would form US$88.9bn, US$3bn and US$1.9bn of Africa’s capital spend respectively over the eight-year period, according to GlobalData, a leading data and analytics company
