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Hardy bows out of Nigeria play

LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

p style="margin-bottom: 0cm;">LONDON-LISTED HARDY Oil & Gas has sold its Nigerian business to Inergia Petroleum in a $4.5 mn deal.

Mozambique refinery close to funding

MOZAMBIQUES OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the companys chief executive.OZAMBIQUES OILMOZ, WHICH is developing a 350,000 bpd refinery, expects to reach a funding agreement with European energy investors before the end of the year, according to Fausto Cruz, the companys chief executive.

EG picks KBR for refinery

EQUATORIAL GUINEA HAS picked US engineering firm KBR Inc to design a planned 20,000 bpd oil refinery, according to a senior government official.QUATORIAL GUINEA HAS picked US engineering firm KBR Inc to design a planned 20,000 bpd oil refinery, according to a senior government official.

Marubeni, Ghana to study methanol plant

MARUBENI CORP PLANS to produce methanol, in co-operation with the government of Ghana, from natural gas released during oil drilling.

p>MARUBENI CORP PLANS to produce methanol, in co-operation with the government of Ghana, from natural gas released during oil drilling.

Technip awarded US$900 mn refinery upgrade contract in Algerian capital

FRENCH ENGINEERING COMPANY Technip has been awarded a US$900 mn contract to upgrade state-owned oil and gas giant Sonatrach’s Algiers refinery, rehabilitating the 60,000 bpd facility and expanding its capacity by about 35 per cent.RENCH ENGINEERING COMPANY Technip has been awarded a US$900 mn contract to upgrade state-owned oil and gas giant Sonatrach’s Algiers refinery, rehabilitating the 60,000 bpd facility and expanding its capacity by about 35 per cent.

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