Wood Group bags multiple African contracts
Energy services company Wood Group has secured 11 contracts in Africa within the last 12 months totalling approximately US$240mn worth of business for the company
Downstream
Total awards US$3.1 billion Egina contract to Samsung
Total Nigeria, a joint venture partner of the Nigeria National Petroleum Corporation (NNPC), has awarded a US$3.1bn floating production, storage and offloading (FPSO) vessel contract to Samsung Heavy Industries
Oil firm unveils US$40 million plan to build refinery in Nigeria
Waltersmith Petroman Oil has announced a US$40mn investment plan to set up a 5,000 bpd refinery in Nigeria
UAE may invest in Angolan oil and gas sector
The UAE has expressed an interest in co-operating with Angola in the African countrys oil and gas sectors, according to Angolan oil minister Botelho de Vasconcelos
South Sudan oil pipeline to pass through Ethiopia
South Sudan has revealed that an oil pipeline to be constructed by the country for exporting crude oil to global markets through Djiboutis Red Sea port will be required to pass through Ethiopia
