Here is a brief overview of the week’s news on Oil Review Africa, from 6th - 10th November 2017
Well intervention and P&A market booms offshore West Africa
With oil reserves of 129.1 billion barrels, Africa holds 7.6 per cent of the world’s proven reserves. More specifically, the West Coast of Africa is home to the continent’s two largest producing countries, Nigeria and Angola, while Equatorial Guinea, the Congo and Gabon have proven oil reserves not dissimilar to those found in the United Kingdom. Click here to read the full story.
Halliburton and Akwa Ibom launch oil & gas training and research centre
Halliburton has been working alongside the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training centre. Click here to read the full story.
Eni to expand its operations in Angola
Claudio Descalzi, CEO of Eni, has met with João Gonçalves Lourenço, the President of the Republic of Angola, to discuss Eni’s operational activities and initiatives in the country to enhance access to energy and socio-economic development. Click here to read the full story.
Total acquires Engie’s upstream LNG business
Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets, which is set to make it the second largest global LNG player. Click here to read the full story.
Aiteo announces OML 29 is not for sale
A spokesperson for the Aiteo Group has denied a number of rumours and reports which state OML 29 had been put up for sale to repay a loan. Click here to read the full story.
GTT receives order to design LNG fuel tanks for nine biggest container ships
Hudong-Zhonghua Shipbuilding, member of China state shipbuilding corporation conglomerate, and CMA CGM, a French container transportation and shipping company, have selected engineering company GTT, for the design of cryogenic tanks for nine LNG-fuelled container ships. Click here to read the full story.
Africa Petroleum Club to host Big Five Board Awards in London
Africa Petroleum Club is to host the Big Five Board Awards with Oil Review Africa as lead media partner on 16 November 2017 at the Royal Institute in London, aiming to highlight personal and corporate achievements in the petroleum sector. Click here to read the full story.
USTDA connects American companies to explore LNG opportunities in South Africa
The US Trade and Development Agency has awarded a grant to the GreenCape Sector Development Agency to assess the market demand, socio-economic impacts and risks of a proposed integrated liquefied natural gas (LNG) importation and gas-to-power project in South Africa’s Western Cape Province. Click here to read the full story.
OVH Energy launches Lagos midstream jetty
OVH Energy, a licensee of the indigenous oil and gas company Oando retail brand, has launched its Lagos Jetty on 7 November 2017. Click here to read the full story.
Eni to extend operational activities in Ghana
Claudio Descalzi, CEO of Eni, has met with Nana Addo Dankwa Akufo-Addo, the President of the Republic of Ghana, in Accra to discuss Eni’s operations in the country, where operational activities are complemented by programmes to enhance access to energy. Click here to read the full story.
Bob Reid joins Belltree as non-executive director
Edinburgh-based oil and gas consultancy Belltree has announced the appointment of Bob Reid as its non-executive director. Click here to read the full story.
Digitalisation set to transform global energy system
Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable, according to a new report by the International Energy Agency’s (IEA) Digitalisation and Energy. Click here to read the full story.
Nigeria's oil and gas industry to benefit as policy changes are made to help the country’s economy: Osinbajo
After Nigeria ranked significantly in the World Bank’s recent ease of doing business report, Yemi Osinbajo, vice-president of Nigeria, has commended Buhari administration for its reforms and stated that the government will continue its reform agenda to keep improving the nation’s economy. Click here to read the full story.
