The Ugandan government has said that more than 40 firms have expressed an interest in the construction and operation of a proposed US$3.2bn oil refinery project in the East African country
Downstream
Uganda to build petroleum distribution terminal and two new pipelines
The Ugandan government has announced plans to build a petroleum distribution terminal, along with two new oil pipelines, as it prepares for the construction of an oil refinery in Kabaale
AGR secures Genel Energy contract offshore Northwest Africa
Oil services provider AGR Petroleum Services has signed a US$27.2mn contract with Genel Energy to deliver well management services for the Anglo-Turkish oil and gas firms Northwest Africa offshore drilling campaign
Japan to invest US$2 billion in African projects
Japan will provide US$2bn worth of financial support over the next five years to back Japanese companies’ resource development projects in Africa
Total takes over Shell’s retail network in Egypt
French oil and gas company Total has acquired Royal Dutch Shell’s fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and across the wider region