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
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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
Uganda seeks investor for US$2.5 billion oil refinery project
Uganda’s Petroleum Exploration and Production Department (PEPD) has announced that it is looking for an investor to fund and operate its US$2.5bn oil refinery in the Lake Albertine Rift Basin
Essar Energy to sell Mombasa refinery stake
Indias Essar Energy has said that it is planning to sell its 50 per cent stake in the Kenya Petroleum Refineries Limited (KPRL) situated in Mombasa, to the Kenyan government