UGANDA/ TANZANIA: EACOP Announces the Closing of the First Financing Tranche for the East African Crude Oil Pipeline Project

EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania, is pleased … Read More

Uganda Secures Mega Oil Refinery Deal With Alpha MBM Investments

On Saturday, 29th March 2025, Uganda signed a historic oil refinery agreement with Alpha MBM Investments LLC, a UAE-based firm, paving the way for the construction of a 60,000-barrel-per-day crude … Read More

EGYPT: Energean Announces Termination of Strategic Sale of Abu Qir, North East Almreya and North Idku Concessions

Energean has provided an update on the proposed sale of its portfolio in Egypt to an entity controlled by Carlyle International Energy Partners. Energean says it has not been able … Read More

UGANDA: EACOP Conducts Orbital Trainings at Uganda Industrial Research Institute

EACOP together with its tier One Contractor for Line Pipe- Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited (PCK) through their National Content implementing partner in Uganda, Avanti … Read More

TANZANIA: Award of the EPC Contract for the Ntorya to Madimba Pipeline Expected Soon

Aminex reports that the process for the award of the Ntorya to Madimba Pipeline EPC contract is almost complete and the company expects to receive further news from the TPDC … Read More

NIGERIA: Shell Completes sale of SPDC to focus its portfolio on Deepwater & Integrated Gas Positions

Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024 The divestment of SPDC aligns with Shell’s intent to simplify … Read More

NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85

The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More