Chinese firm Sino Arab Energy (SAE) and Nigerian company Osabo Refining and Petrochemical Industry Limited have concluded plans to build a refinery in Akabuyo, Local Government Area of Cross River State
FMC Technologies has announced that it has received an order from CNR International Ltd for subsea equipment for the Baobab field offshore West Africa
The International Islamic Trade Finance Corporation (IITFC), a branch of the Islamic Development Bank, has provided funds worth US$265mn to Egyptian General Petroleum Corporation (EGPC)
Nigerian state oil firm NNPC has been granted a loan of US$1.5bn by a syndicate of Nigerian and international banks to allow the company pay off its debts to international fuel traders
The US Trade and Development Agency (USTDA) has revealed plans to help Nigeria meet the logistical and engineering needs of its offshore oil and gas industry
