Germany’s Oiltanking GmbH has announced that it has entered into a joint venture to build a commercial crude oil storage and blending terminal at the Port of Saldanha on South Africa’s south-western coast
Downstream
Heirs Holdings invests in Seadrill for Nigerian offshore projects
Heirs Holdings, a financial company, has announced that it has made a ‘substantial’ investment in offshore drilling company Seadrill’s Nigeria unit
Total to buy Chevron’s Egypt retail network
Total has announced that it will buy the Egyptian retail network of US energy company Chevron, a move that will create its biggest marketing and services subsidiary outside of Europe
Technip and Sasol form an alliance for GTL facilities
Technip and South Africa’s energy company Sasol have announced that they have established an alliance for front-end engineering services for future Sasol gas to liquids (GTL) projects
Duma Energy Corp buys Hydrocarb Energy’s Namibian stocks
Hydrocarb Energy has announced that it has signed a Letter of Intent (LoI) for its 100 per cent stock purchase by Duma Energy Corp in Namibia