Oil and gas explorers must re-evaluate their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis by PwC
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Russian consortium wins bid to build US$2.5bn oil refinery in Uganda
A consortium led by Russia’s RT Global Resources has won the contract to build and operate Uganda’s US$2.5bn crude oil refinery
National Oil to raise US$2bn to buy oil blocks in Kenya
Kenya’s state-run oil company National Oil has announced that it will raise US$2bn to buy stakes in oil blocks on behalf of the government in the country
OiLibya signs fuel coupon contract with UK firm
Libyan state-owned company OiLibya has signed a contract with UK-based TALL Security Print to provide the company’s fuel coupons in Ethiopia
Salaries hiked for oil and gas employees in 2014, Hays Oil & Gas reveals
In 2014, global permanent salaries across oil and gas sector saw an increase of 1.3 per cent on an average of US$82,239 after a slight dip in 2013, according to recruiting experts Hays Oil & Gas
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