GE and Carbon Holdings have signed a US$500mn technical support agreement for Tahrir Petrochemicals’ greenfield naphtha cracker and olefins complex project in Ain Sokhna, Egypt
Downstream
Libya to build two oil refineries
Libya has announced plans to build two new oil refineries in Tubruq and Ubari, according to government sources
Daewoo E&C wins petroleum treatment facility contract in Algeria
Daewoo Engineering & Construction (E&C) has announced that it has been awarded a US$647mn order to build petroleum treatment facilities in Algeria by Sonatrach First Calgary Petroleums Limited
Sonangol to launch global trading office in China
Angola’s state-owned oil enterprise Sonangol has announced its intention to open a global trading office in China
Vivo Energy acquires majority stake in Shell Ghana
African fuel marketer and distributor Vivo Energy has acquired a majority stake in Shell Ghana, a subsidiary of oil and gas explorer Royal Dutch Shell