twitter Facebook linkedin acp

Oil Review Africa weekly digest - 11th - 15th September

Here is a brief overview of the week’s news on Oil Review Africa, from 11th - 15th September 2017 

Xodus wins two ESIA contracts in Senegal 

Xodus Group has received two environmental and social impact assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa. Click here to read the full story.

Uganda signs oil exploration deal with Australia's Armour Energy 

Uganda has signed a petroleum exploration deal with Australian company Armour Energy Limited, a move that will see oil exploration at Kanywataba block which is located near Lake Albert on the border with Democratic Republic of Congo. Click the full story here.  

Improving outlook for oil prices 

Oil prices rose after the International Energy Agency (IEA) said in its monthly oil market report for September that global oil demand grew “very strongly” year-on-year in the second quarter this year, which prompted the IEA to revise up its growth estimate to 1.6mn bpd for this year. Click the full story here.  

Schlumberger announces DELFI cognitive E&P environment 

Schlumberger has unveiled the new DELFI cognitive E&P environment, which aims to enable collaboration across exploration and production (E&P) teams and leverage the full potential of all available data and science to optimise E&P assets. Click the full story here.  

Baker Hughes receives deal for Egypt's Zohr gas field 

Baker Hughes (BHGE), a GE company, has received a subsea contract from Petrobel for phase two development of the Zohr Gas Field which is located in the Mediterranean Sea offshore Egypt. Click the full story here.  

PetroSA signs US$400mn deal with Russia’s Rosgeo 

PetroSA, South Africa’s national oil company, has signed a deal worth US$400mn with Russia’s geological exploration company Rosgeo, for the development of oil and gas in the region. Click the full story here.  

Nigeria's Shoreline Energy multiplies country's gas supply efforts to aid local government 

Gasland, Shoreline, and SPDC advance gas distribution in Lagos. Click the full story here.  

Global LNG market rebalancing unlikely before 2024, says Cedigaz 

In the recent LNG Outlook 2035, Cedigaz, the International Association for Natural Gas, has revealed rebalancing in the global LNG market is not expected before 2024 with the current rise in supply outpacing demand growth. Click the full story here.  

Angola LNG signs global cargo deal with Vitol 

Angola has signed a deal with Vitol, in which the country's sole liquefied natural gas (LNG) export facility will deliver cargoes to the energy and commodity trading company. Click the full story here