‘OPEC responds to losses amidst political disruption’
OPEC oil production fell by 420,000 bpd from January to May 2018 as the continued political disruption in Venezuela and decline in Angolan oilfields resulted in significant output losses
OPEC oil production fell by 420,000 bpd from January to May 2018 as the continued political disruption in Venezuela and decline in Angolan oilfields resulted in significant output losses
Saipem has received a new front end engineering design (FEED) contract to build and develop a new refinery in Hoima, Uganda
Wentworth, the East Africa-focused oil and gas company, has informed to receive the payments during July 2018 for gas sales generated from the Mnazi Bay Concession in Tanzania, totaling US$3.7mn
KBR, Inc has been awarded an LNG FEED contract by Nigeria LNG (NLNG) for further expansion of the Bonny Island LNG plant at Bonny Island, Nigeria
The Federal Government and the management of the Nigerian National Petroleum Corporation (NNPC) have been commended for the improved security situation in the Niger Delta which has rubbed off positively on the operations of international oil companies