Total to invest US$16 billion in offshore Angola oil project
French oil company Total has announced that it will invest US$16bn in the Kaombo oil project offshore Angola
Downstream
Caracal Energy sells first shipment offshore Cameroon
Caracal Energy has announced that it has exported its first shipment of Badila oil from the Kribi sea terminal offshore Cameroon
Ghana and PetroSaudi International eye refinery joint venture
Ghana is close to signing a joint venture agreement with PetroSaudi International for the revival of its only refinery — Tema Oil Refinery (TOR)
Kenya to invest in Uganda’s oil refinery project
Kenya has announced that it will invest US$74mn in Uganda’s proposed oil refinery project, situated in the Lake Albertine Rift Basin and expected to cost US$2.5bn
Zambia to get a new oil refinery in 2016
Australia’s Maysen and Borowski Claymont Joint Venture (MBCJV) and Phoenix Materials and Constructing Company have signed a joint venture (JV) to build an oil refinery worth US$1.6bn in Zambia
