Oil Review Africa weekly digest - 20th - 24th November

pixabay jp26jp for ORA 307Here is a brief overview of the week’s news on Oil Review Africa, from 20th - 24th November 2017

NNPC signs MoU with Kebbi State for biofuel production 

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Kebbi State Government to build an 84mn litres per annum capacity fuel-ethanol project. Click here to read the full story.  

Operational excellence delivers ROI in oil and gas industry: Petrotechnics 

In a recent survey finding, Petrotechnics, developer of the operational excellence software for the hazardous industries, has revealed that operational excellence (OE) remains central to firms’ enterprise-wide strategies and now delivers tangible results. Click here to read the full story.  

Southern Africa's great oil and gas opportunities 

Recent discoveries of major gas and oil deposits in southern Africa could dramatically improve the overall economic prospects for the region, reducing imports, driving economic growth, and lowering carbon levels in power generation. Click here to read the full story.  

MODEC chooses Promapp for efficient risk and process management 

MODEC Inc, a specialist of floating production systems for the offshore oil and gas industry, has chosen business process management (BPM) software by Promapp Solutions for its Ghana operation. Click here to read the full story.  

Leading energy companies promise to reduce methane emissions from natural gas operations 

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall have committed to further reduce methane emissions from the natural gas assets they operate around the world. Click here to read the full story.  

DNV GL introduces Phast software to predict behaviour of toxic clouds 

DNV GL has introduced new software for process hazard analysis, Phast, to provide a new dispersion model for increasing accuracy in predicting movement of certain toxic clouds. Click here to read the full story.  

Africa Oil and Eco announce strategic partnership 

Africa Oil Corp (AOC) has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd for exploration in West Africa and Guyana. Click here to read the full story.  

Sonatrach and BHGE forms new company to boost Algeria’s oil and gas market 

Sonatrach and Baker Hughes have announced the creation of a 20,000 sqm manufacturing facility in Arzew Industrial Zone, to strengthen Algeria’s position in upstream oil and gas market to meet local demand. Click here to read the full story.  

FAR announces massive oil potential for offshore Gambia 

Two offshore Gambia blocks have been assessed at a combined potential of 1.1bn barrels of oil, according to a statement released by FAR Limited. Click here to read the full story.  

OONGC Videsh acquires 15 per cent stake in Namibia's Cooper Block 

Eco Atlantic Oil & Gas has announced that ONGC Videsh has entered into an agreement with Tullow Namibia to acquire a 15 per cent stake in the PEL 0030 Cooper Block, located off the coast of Namibia. Click here to read the full story.  

High hopes for Senegal-Mauritania cross-border oil and gas cooperation 

At the launch of the Senegal-UK Chamber of Commerce, held this week in London, two panellists were optimistic about easy resolution in regard to the maritime border between Senegal and Mauritania where significant gas discoveries have been made. Click here to read the full story.  

Egypt to offer oil exploration bid in Q1 2018 

The Egyptian Ministry of Petroleum and Mineral Resources has announced to offer an oil exploration bid for the oil resources of the Red Sea in Q1 2018. Click here to read the full story.  

New oil and gas training centre for West Africa opens in Ghana 

A new training centre for the West African oil and gas industry, valued at US$8.5mn, has opened in Takoradi, Ghana. Click here to read the full story.  

Weir introduces mobile iron RFID asset management solution 

Weir Oil & Gas, has introduced SPM radio frequency identification (RFID) technology and RFID mobile app at ADIPEC, held from 13-16 November 2017. Click here to read the full story.  

Halliburton launches new high-speed telemetry service 

Sperry Drilling, a Halliburton business, has released JetPulse telemetry service, aiming to provide high-data rate transmission of drilling and formation evaluation measurements in oil and gas industry. Click here to read the full story.  

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