Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a major milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project
Gas
Nigerians express gratitude on fuel availability during festive season
Nigerians have appreciated the administration of President Muhammadu Buhari and the leadership of the Nigerian National Petroleum Corporation (NNPC), led by its group managing director, Maikanti Baru, for ensuring an adequate supply of petroleum products this festive season
Saipem secure US$1.2bn EPCI contract offshore Egypt
Saipem and Petrobel have negotiated an offshore contract addendum worth more than US$1.2bn for engineering, procurement, construction and installation (EPCI) activities for the Zohr gas field offshore Egypt, Saipem said in a press release
‘Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa’
Nigeria accounts for more than 34 per cent of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in sub-Saharan Africa over the period 2018–2025, according to GlobalData, a data and analytics company
OPEC recognises Angola reforms during landmark visit
Mohammad Sanusi Barkindo, the secretary general of Organisation of the Petroleum Exporting Countries (OPEC), has applauded Angola’s leadership for its strong reforms in the oil and gas sector
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