Equatorial Guinea: Petrofac Secures $350M Contract to Support NOC
Under the technical services contract, Petrofac will support the operations of GePetrol in Equatorial Guinea’s Block B.
Read the latest Archives of oil, gas and energy news.
Under the technical services contract, Petrofac will support the operations of GePetrol in Equatorial Guinea’s Block B.
Following its fuel supply deal with Vitol Bahrain, UNOC has started distributing limited quantities of petroleum products to oil marketing companies in Uganda and Tanzania.
An oil and gas licensing round is set to be launched in Libya later this year, along with 45 upstream projects and 12 gas flaring initiatives currently underway.
ADNOC and bp have partnered to advance gas development in Egypt.
Chairman Farhat Begndara affirmed the National Oil Corporation’s oil production vision at LEES 2024.
The capital injection will enable Libya’s state oil firm to undertake necessary repairs and upgrades of its infrastructure and equipment.
Chairman Farhat Bengdara shared the National Oil Corporation’s energy decarbonization vision at COP28, which aims to increase renewables and achieve near-zero gas flaring in Libya by 2030.
The agreements signed by the National Oil Companies will pave the way for the increased exploration, production and monetization of Africa’s hydrocarbon resources.
French-based engineering and technology company Technip Energies sponsored a conversation on the role MSGBC National Oil Companies play in maximizing the development of untapped hydrocarbon resources.
Libya’s National Oil Corporation and Equinor have signed a MoU to study and evaluate the North African country’s offshore oil and gas potential.