Solo Oil has signed a Memorandum of Understanding (MoU) to acquire 15 per cent shareholding in Swiss-based Pan Minerals & Oil AG to assist the latter in existing production agreements onshore West Africa
Downstream
Sirius Petroleum and Glencore Energy sign Nigerian offtake deal
UK-listed Sirius Petroleum has signed an offtake deal to supply Glencore Energy with crude oil from its near-term production projects offshore Nigeria
Nigeria ‘refining 10,230 cubic metres of fuel daily’
The Nigerian National Petroleum Corporation (NNPC) has announced that the country’s premium motor spirits (PMS) refining capacity currently stands at 10,230 cubic metres per day
Equatorial Guinea to award further oil blocks
Equatorial Guinea has confirmed that it will make announcements on the next oil blocks to be put up for sale at the annual EG Gas Conference in Malabo in June 2013
Shell and CHC sign multi-billion dollar contract for helicopter services for offshore activities
Shell has selected CHC, an offshore helicopter services provider, for a five-year, multi-million dollar contract to support its deep-water exploration activities off the coast of sub-Saharan Africa