Lekoil, an oil and gas exploration and development company based in Nigeria and West Africa, announced that its joint venture (JV) with investment firm Green Energy International Limited has signed a Memorandum of Understanding (MOU) for the development of the Otakikpo project in Nigeria
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China to invest more in Africa’s upstream sector
China’s national oil companies (NOCs) are increasing their investment in Africa with the aim of securing oil supplies to help feed rising domestic energy demand
Mozambique government approves Rovuma LNG development plan
Mozambique Rovuma Venture stated that the Mozambique government had approved its development plan for the Rovuma LNG project
BP commits US$100mn to fund new emissions reductions projects
BP has established a US$100mn fund for projects that aim to deliver new greenhouse gas (GHG) emissions reductions in its upstream oil and gas operations
ABB and BP celebrate global MEC frame agreement
BP has appointed ABB as one of its global main electrical contractors (MEC) for the provision of engineering, procurement and construction of electrical equipment for BP upstream major capital projects
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