Africa will be the fourth highest region in terms of polypropylene capacity addition in the global polypropylene industry, growing at an average annual growth rate (AAGR) of 20.5 per cent from 1.49 mtpa in 2018 to 4.15 mtpa in 2023, according to GlobalData, a leading data and analytics company
Downstream
Kenya signs deal with oil firms for development of oil fields
Africa Oil Corp has announced that heads of terms agreements with the government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of oil fields in the South Lokichar Basin
ADES secures offshore rig contract in Egypt and extends contract in Algeria
London-listed drilling contractor ADES International Holding PLC (ADES) has secured a new two-year contract for its ADMARINE IV offshore jack-up rig in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria
Africa’s UADH, OLA in car service workshops agreement
UADH and OLA Energy have signed an agreement to establish Eurorepar Car Service workshops at OLA Energy service stations in Côte d’Ivoire and Senegal, with a further expansion envisaged throughout the operator’s pan-African network
Centurion to promote transparency and good governance in South Sudan’s oil sector
Centurion, a pan-African legal and energy advisory group, has announced the upcoming launch of a bespoke training programme on transparency and good governance for South Sudan’s oil industry and companies