Alderley has announced it has been awarded a contract from SAIPEM to design, engineer and manufacture two FPSO Produced Water Treatment packages for the Kaombo FPSO Project in Angola
Downstream
Essar Petroleum East Africa acquired by Gulf Petrochem Group
Essar Petroleum East Africa Ltd. has been acquired by UAE-based Gulf Petrochem Group, following which its name has been changed to ASPAM Energy (Kenya) Ltd
Oman to set up fuel storage facility in Africa
Oman, the largest non-OPEC producer of oil in the Middle East, is planning to establish a foothold in Africa to promote its business interests in trading fuel and crude
Nigeria seeks investors for its first shipyard
Nigeria Liquefied Natural Gas Company (NLNG) is looking for investors to build a US$1.5bn shipyard at Badagry, in an attempt to promote the West African country as a hub for maritime operations in the continent
New report reveals rise in midstream M&A in Q1 2015
Midstream oil and gas deals activity, including capital markets and mergers and acquisitions (M&A), increased globally from 129 transactions in Q4 2014 to 139 in Q1 2015, says research and consulting firm GlobalData