Oil And Gas

October 17, 2019

Murray Energy Corporation Extends Forbearance Agreements with its Lenders and Elects Not to Make Interest Payments to Noteholders

As previously disclosed, on October 2, 2019 Murray Energy Corporation (“Murray Energy” or “the Company”) entered into forbearance agreements with lenders holding in excess of 50% of outstanding loans under its Superpriority Credit and Guaranty Agreement and with"...

October 16, 2019

Africa Finance Corporation CEO appointed Vice Chairman, Aker Energy

Aker Energy and Africa Finance Corporation (AFC) have announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy’s Board of Directors.

Mr. Samaila Zubairu is the President & CEO"...

October 16, 2019

Tanzania begins construction of Tabora- Katavi power transmission project

The government of Tanzania has flagged off construction of Tabora- Katavi power transmission project. Speaking yesterday after laying the foundation stone for the construction of the power line at Kampuni Village in Mpanda District, Katavi region, President Magufuli said the project will"...

October 16, 2019

OPEC ups Nigeria’s oil output

The Organisation of Petroleum Exporting Countries has granted Nigeria’s wish and increased its oil output under the petroleum production quota deal member states renewed in December 2018, according to a report by Reuters.

The"...

October 15, 2019

Eunisell Increases Business Solutions for Marginal Oilfield Owners

Eunisell has announced an extended range of comprehensive solutions for Nigeria’s marginal oil field owners.

The new products and services include: well testing, enhanced well testing, data services, well"...

October 9, 2019

Fluor, JGC and Technip Selected for Landmark Rovuma LNG Project in Mozambique

Fluor Corporation (NYSE: FLR) announced today that a consortium of Fluor, JGC Corporation of Japan and TechnipFMC of France was awarded an engineering, procurement and construction contract by Mozambique Rovuma Venture S.p.A. (MRV) for its Mozambique Rovuma Liquefied Natural Gas (LNG) Phase 1 Project in Cabo Delgado, Mozambique with an immediate release of a limited notice-to-proceed. Fluor will book its portion of this work in the fourth quarter of 2019. “Fluor is pleased to have been selected for this strategic development and to partner with a team that combines considerable LNG expertise and design build capabilities on the African......

October 8, 2019

MRC Executive Director: Morocco, Mekong River Commission Partnership Is Exemplary

Rabat – The Moroccan government and the MRC expressed the desire to strengthen cooperation in areas of common interest, including renewable energy and eco-tourism.

Moroccan Secretary of State to the Minister"...

October 8, 2019

Morocco's Ambassador in Vienna Highlights Kingdom's Renewable Energy Policy

Vienna - Permanent Representative of the Kingdom to International Organizations in Vienna, Ambassador Azzeddine Farhane, highlighted, on Monday in the Austrian capital, the Kingdom's renewable energy policy.

Speaking"...

October 2, 2019

UNDP, Sahara Group Target Energy Access to 10m Households

The United Nations Development Programme (UNDP) and the Sahara Group have unveiled the Africa Renewable Energy Forum to boost access to sustainable energy for 10 million households in Africa through alternative energy initiatives and interventions.

Launched"...

October 2, 2019

Rockwell Automation and Schlumberger Announce Closing of Sensia Joint Venture

Rockwell Automation (NYSE: ROK) and Schlumberger (NYSE: SLB) today announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider.

The"...