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Tag Archives: gas

Nigeria looks to local skills to develop oil and gas

Lagos, Nigeria | AFP | Fishing boats look like specks alongside Egina, which has been moored for the last month in Lagos. Even the container ships that normally dominate the port look like small boats. The floating production storage and offloading facility (FPSO), developed by the French group Total, looks …

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Israel announces ‘historic’ gas contract with Egypt

Jerusalem, Undefined | AFP | Israel has struck an “historic” contract to supply natural gas to Egypt, Prime Minister Benjamin Netanyahu announced Monday, in a deal one firm said was worth $15 billion over 10 years. “This will bring billions of dollars to state coffers,” Netanyahu said in a statement …

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Algeria gas plant marks five years since bloody hostage siege

In Amenas, Algeria | AFP | Workers at Algeria’s In Amenas gas plant gathered Tuesday around a black marble memorial to mark five years since a deadly raid by Al-Qaeda-linked jihadists left 40 hostages dead. All trace of the four-day siege — which saw workers from Japan, the Philipines, Britain, …

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Stanbic, ICBC expose oil and gas opportunities

Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited (ICBC) have hinted that Uganda’s economy is set to reap big from oil and gas activities. Speaking at an economic forum organised by the two banks for the Chinese business …

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Oil and gas boom in 2017

Setting up an oil refinery remains a big headache for the country’s oil and gas resources Optimism is the mood as the countdown to Uganda’s first oil continues and pressure mounts on the government to put in place critical infrastructure necessary for oil production in four years. “The government should …

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