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
The government-run energy company of Algeria, Sonatrach, is planning possible investment opportunities in Iraq’s oil exploration and natural gas projects
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018
Saipem has signed a contract with Eni Angola for the Italian firm’s West Hub Development project in Angola
Egypt will start international bids for oil and gas explorations in various areas on the Red Sea after finishing seismic survey before the end of Q1 2018, said Tarek al-Mulla, minister of petroleum and mineral resources in Egypt
