THE NEWLY APPOINTED PRIME MINISTER OF THE LIBYAN GOVERNMENT OF NATIONAL UNITY ABDUL-HAMID DBEIBAH MEETS ENI’S CEO CLAUDIO DESCALZI

THE NEWLY APPOINTED PRIME MINISTER OF THE LIBYAN GOVERNMENT OF NATIONAL UNITY ABDUL-HAMID DBEIBAH MEETS ENI’S CEO CLAUDIO DESCALZI

Eni’s CEO met the new Libyan PM Dbeibah and the new Minister of Oil and Gas Oun today in Tripoli to discuss Eni’s activities in the country and areas of common interest and collaboration in the fields of renewable energy, circular economy, social projects, access to health and to energy, education and professional training. Tripoli (Libya), March 21st 2021 – Abdulhamid Dbeibah, newly appointed Prime Minister of the Government of National Unity of Libya, and Claudio Descalzi,…

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GUYANA TO GET ASSISTANCE FROM GHANA FOR OIL EXPLORATION

GUYANA TO GET ASSISTANCE FROM GHANA FOR OIL EXPLORATION

Ghana to give free technical assistance to Guyana after oil discovery according to President Akufo-Addo Republic of Guyana is set to get help from Ghana following the discovery of considerable deposits of oil and gas. This help comes after a meeting between both nation leaders at Georgetown. Ghana President Akufo-Addo said “With our experiences, I believe Ghana is well-equipped to share with you the dos and don’ts in the area.” He also said they will…

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FG APPROVE BELEMAOIL EXPORT TERMINAL IN RIVERS STATE

FG APPROVE BELEMAOIL  EXPORT TERMINAL IN RIVERS STATE

Federal Government has Approved the Establishment of Crude oil Export Terminal in Rivers State Federal Government of Nigeria has approve the establishment of a Crude Oil Export Terminal. The establishment will be in Kula community of Rivers State, from an indigenous oil company, Belemaoil Producing Limited.  The approval is contain in a letter; which was  signed by Department of Petroleum Resources (DPR) Director, Mordecai Ladan. The aim of the approval is to enable Belemaoil establish…

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EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS

EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS

Minister of Petroleum Announces winners of Both EGAS and EGPC oil and gas exploration tenders in Egypt. Egypt’s Petroleum Minister has announced the result of the oil and gas exploration tenders. These oil and gas exploration tenders were for digging the Egyptian Natural Gas Holding Company (EGAS) and The Egyptian General Petroleum Corporation (EGPC) wells. The total limit of private investment owned by EGAS is worth US$600m while that of EGPC is US$164m. Including grants,  the…

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LIBYA RECOVERS TWO KEY OIL EXPORT TERMINALS.

LIBYA RECOVERS TWO KEY OIL EXPORT TERMINALS.

 Libya’s strongman Khalifa Haftar recovers two major oil ports from rebels. Libya has recovered two oil export terminals among by the ones attacked last week by rebel forces. The troop was led by Khalifa Haftar. They reclaimed both Ras Lanuf and Al-Sidra terminals. It took them one week to fight away rebels in both terminals. The Petroleum Facilities Guard, led by Ibrahim Jadhran, had controlled the terminals and blocked exports for years. He controlled the terminal since…

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US$300M GAS DEAL BETWEEN SHORELINE ENERGY AND SHELL

US$300M GAS DEAL  BETWEEN SHORELINE ENERGY AND SHELL

Nigerian energy company Shoreline has signed a US$300 million agreement with  Shell to develop, buy,market, distribute  and sell gas  in  the commercial capital, Lagos. Meanwhile,  in June Shell said  that it would place more emphasis on gas rather than oil in the West African country, which has the world’s ninth-largest proven gas reserves at 187-trillion cubic feet. It said the agreement provided exclusive rights to distribute and sell gas in those areas. “The partnership is…

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