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CAMEROON: Etinde Reviewing Commercial Options Regarding Gas Offtake & Condensate Marketing

The Etinde financing plan will likely comprise various layers, including senior project finance debt, vendor financing from contractors, offtakers and likely equity. The latter will be a function of the … Read More

EGYPT: TechnipFMC Signs a Major Contract For a New Hydrocracking Complex

TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery … Read More

Saipem Awarded Front End Engineering Design (FEED) For Uganda Refinery

Saipem has been awarded a new contract for Front End Engineering Design (FEED) for a new refinery in Hoima. Uganda recently awarded to the Albertine Graben Refinery Consortium following the … Read More

New Assessment of Resources in South Lokichar Shows 25% lower Than Reported

A new full assessment of all the exploration and appraisal data, Tullow estimates that the South Lokichar basin contains the following recoverable resources 560mmbo 2C down from 766mmbo reported earlier … Read More

Kenya starts Search for Design Contractor for its $2 billion Crude Oil Pipeline

The Ministry of Energy and Petroleum has invited eight bids from firms hoping to undertake the Front End Engineering Design (FEED) for the planned 892 kilometer crude oil pipeline between … Read More

Kenya Joint Venture Partners Sign the Joint Development Study Agreement for the Crude Oil Pipeline

The Lokichar-Lamu crude oil pipeline today took a significant step forward following the signing of a Joint Development Study Agreement (JDA) between the Government of Kenya and Tullow Oil, Africa … Read More

Uganda, AGRC consortium Start Talks To Develop A Greenfield Oil Refinery

The Government of Uganda has announced that it has agreed core project terms for the Uganda Refinery Project with the Albertine Graben Refinery Consortium (AGRC) for the development of a … Read More