Egyptian Natural Gas Holding Company (EGAS) and Hoegh LNG have signed a Letter of Intent (LoI) for the North African country to use of one of the company’s floating storage and regasification units (FSRU) for five years
Gas
RWE Dea’s gas well starts production in Egypt
RWE Dea has announced that its development well North West Khilala-1-4 (NWK-1-4), situated at Nile Delta in Egypt, has commenced production
Noble Energy signs deal with Union Fenosa for export of LNG
Noble Energy announced that it has signed an initial agreement to sell natural gas to Union Fenosa Gas’s (UFG) existing gas liquefaction facilities in Egypt for the next 15 years
Seplat launches US$500 million London-Lagos IPO
Lagos-based Seplat has generated US$500mn in an Initial Public Offering (IPO) in London and Lagos, reporting the Nigerian oil and gas company to be worth US$1.9bn
UK oil firms keen to expand in Africa
Based on a survey conducted by the Bank of Scotland, UK oil and gas companies are keen on expanding international operations with Africa emerging as a prime area
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