Here is a brief overview of the weeks new on Oil Review Africa, from 29th May - 2nd June 2017
Uganda and Tanzania agree US$3.5bn oil pipeline project
The governments of Uganda and Tanzania have signed an agreement to build a US$3.55bn crude oil pipeline, which will boost exports from Uganda. Click here to read the full story.
DNV GL releases new guidance for submarine pipelines
DNV GL has launched a new recommended practice (RP), DNVGL-RP-F114 Pipe-soil interaction for submarine pipelines, to evaluate the pipe-soil interaction for various design situations or assessments relevant for exposed and buried submarine pipelines. Click here to read the full story.
SDX Energy announce natural gas well test results of SD-1X, Egypt
SDX Energy Inc, the North Africa-focused oil and gas company, has announced the results of the well test conducted on the SD-1X well following the recent natural gas discovery at South Disouq, Egypt where the Company has a 55 per cent Operated working interest. Click here to read the full story.
Tecalemit introduce the FMT 3, a new multi-purpose digital turbine flow meter
German manufacturer - Tecalemit - have announced its latest product, a durable multi-purpose digital turbine flow meter, suitable for; diesel, fuel oil, water, antifreeze and Adblue®. Click here to read the full story.
Mooncor Oil & Gas has entered into a binding letter of intent for Namibia project
Mooncor Oil & Gas Corp. has announced that it has entered into a binding letter of intent dated 29 May 2017 with an arm's length third party whereby Mooncor will acquire an undivided 50 per cent interest in a silver-Zinc project in Germany and a silver-copper-fluorite project in Namibia, collectively with the German project. Click here to read the full story.
Wentworth Resources optimistic about gas prospects in East Africa
Geoff Bury, managing director of Wentworth Resources, gave an upbeat presentation at the Africa Independents Forum last week in regard to the company’s gas prospects in Mozambique and Tanzania. Click here to read the full story.
OPEC and non-OPEC producers extend production curb agreement
OPEC and 11 non-OPEC oil producers, including Russia, have agreed to roll over production cuts for a further period of nine months, beginning 1 July 2017, in a bid to stabilise oil prices and reduce oil inventories. Click here to read the full story.
Add Energy wins BP’s US$1.8mn West Nile Delta contract
Add Energy, the global energy consultancy provider, has been awarded a maintenance build contract worth more than US$1.8mn with BP for work on West Nile Delta (WND), a development located just off the north coast of Egypt. Click here to read the full story.
Nigeria's Petroleum Industry Bill passed by the Senate
The Nigerian oil and gas industry came one step closer to reform with the Petroleum Industry Bill (PIB) passing the West African country's senate late last week. Click here to read the full story.
