Cepsa, Sonatrach and Alnaft, the national resources development agency of Algeria, have signed a new concession contract for operating the Rhoude el Krouf (RKF) oilfield, located in the Berkine basin in Algeria
Exploration
CGG partners with SNH for 2018 Cameroon licensing round
CGG has signed an agreement with Société Nationale des Hydrocarbures (SNH), Cameroon’s national oil and gas company, to promote the country’s 2018 onshore and offshore licensing round
Nigeria's Edo State to develop 5,500 bpd modular refinery
Godwin Obaseki, the governor of Edo State in Nigeria, has signed a MoU with a Chinese consortium for the development of a 5,500 bpd modular refinery in Edo State
NOC wins arbitration case over Ras Lanuf Refinery in Libya
Libya’s National Oil Corporation (NOC) has won two international arbitration cases for the 220,000 bpd-capacity Ras Lanuf Refinery, and said that production would resume as early as possible
Chinese Sinopec to acquire Chevron South Africa
Sinopec, one of Chinas largest state-owned companies, has undertaken to invest US$480mn in South Africa to upgrade and modernise Chevron South Africa’s Cape Town-based oil refinery