Market News
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Orrick advises Maurel & Prom on renewal of Gabon licenses and renegotiation of PSA
Posted on :Wednesday , 10th September 2014
Orrick Rambaud Martel has advised Établissements Maurel & Prom, one of France’s largest oil companies, on the renewal of its seven exclusive exploitation and development licenses in Gabon covering 6,100 km and on the renegotiation of the related production sharing contract with the Government.
The Gabonese State and Maurel & Prom S.A., the Gabonese subsidiar. . .
Ghana Gas ready as final test proves successful
Posted on :Wednesday , 10th September 2014
The Ghana National Gas Company (Ghana Gas) has expressed satisfaction with work on the Atuabo Gas Plant as a test run on the plant proved successful.
A series of tests was carried out over the weekend on the 111-kilometre Onshore pipelines from Atuabo in the Ellembelle district to Aboadze in the Shama district.The test formed part of the process to check the integri. . .
Afrox Secures $13.7m Exxaro Contract For Nitrogen Supply
Posted on :Tuesday , 9th September 2014
JSE-listed gas and welding firm, African Oxygen (Afrox), on Thursday said it had signed a five-year R147 million ($13.7 million) contract with Exxaro FerroAlloys, a unit of the JSE-listed mining resources firm, Exxaro.
In terms of the deal, Afrox will supply nitrogen to Exxaro FerroAlloys’ factory in West Pretoria, South Africa. Afrox will also be injecting mo. . ..jpg)
DNO gets 2 year extension for Block SL18, Somaliland
Posted on :Tuesday , 9th September 2014
Norwegian oil and gas operator DNO has said it has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland.
DNO which has a 50 percent stake as operator in Block SL18 will now see the first exploration period will now end on 8 November 2017.Already the partners of Block SL18. . .
SASOL considering expanding into Tanzania, Ghana and Angola
Posted on :Tuesday , 9th September 2014
Sasol is seeking into expanding into more Eastern and Western African countries according to an interview with Reuters on Monday.
The South African company earlier in the year reported it was conducting a study to build a gas-to-liquid (GTL) plant in northern Mozambique with Italian oil and gas group as its first priority in Mozambique in an interview with the. . .Please Select an Option
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