ECOWAS offers Niger olive branch as pipeline readies
ECOWAS has called for the “immediate and unconditional” release of deposed president Mohammed Bazoum. The group said it would gradually ease sanctions, based on Niger’s response.
China National Petroleum Corp (CNPC)
Oil exports rise during Sudan war as pipeline left unscathed
There has been some impact from the war, though, with the supply chain of trucks bringing equipment back to the oil wells having slowed.
CNPC signs on to Qatari LNG project
China National Petroleum Corp. (CNPC) has signed up to take 4 million tonnes of LNG from Qatar and a stake in the North Field East (NFE) project.
Accelerating acquisitions, Adnoc Drilling orders hybrid land rigs
The company said the new rig order was a “direct response” to Adnoc’s production targets. It aims to reach 5 million barrels per day of capacity by 2027, in addition to achieving gas self sufficiency for the United Arab Emirates.
Sonatrach scores with Sbaa find
Sonatrach has made an oil discovery in the Sbaa region, its first in the area for 28 years.
Adnoc signs $744mn contract on Belbazem work
Adnoc has awarded a $744 million contract to the National Petroleum Construction Company (NPCC) for the full field development of the Belbazem offshore block.
Niger-Benin pipeline ceremony due May 20
Benin plans to officially begin work on a crude oil export pipeline on May 20.
Woodside stops Myanmar work after violence
Australia’s Woodside Energy is reducing its presence in Myanmar and expects to fully demobilise its offshore exploration drilling team over the coming weeks following reports of human rights violations in the Southeast Asian nation.
Rovuma LNG FID pushed back
The Rovuma LNG project has taken another step ahead but a final investment decision (FID) is now expected in early 2020.
Total pulls out of £4bn Iran development deal
France's oil giant Total SA has pulled out of Iran after cancelling its five billion dollar (£3.9 billion), 20-year agreement to develop the country's massive South Pars offshore natural gas field following renewed US sanctions.