Baker Hughes, a GE company, has announced the inauguration of its oil and gas multimodal facility (MMF) in Luanda, Angola
Downstream
Lukoil acquires hydrocarbon project in Congo
Lukoil, a Russian multinational energy corporation, has concluded an agreement with New Age M12 Holdings Limited to acquire a 25 per cent interest in the Marine XII license in the Republic of Congo for US$800mn
Angola petroleum leaders announce Cabinda and Luanda Refinery agreements
Sebastião Pal Querido Gasper Martins, Sonangol E.P CEO, announced United Shine as the winner of the construction contract for the gasoline production unit of the Luanda Refinery and also signed a partnership agreement with United Shine for the Cabinda Refinery
BP to sell Gulf of Suez oil assets to Dubai’s Dragon Oil
BP has agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company
Eni announces fifth oil discovery offshore Angola
Eni, an Italian multinational oil and gas company, has announced that it has made a fifth oil discovery in one year in Block 15/06 in Angola’s deep offshore