Brazil’s Petrobras likely to extend deadline in refineries sale

Brazil’s state-controlled oil company Petroleo Brasileiro may extend the deadline for potential bidders for a 60 percent stake in four refineries to sign non-disclosure agreements, a person with knowledge of the matter said. A ruling from Supreme Court Justice Ricardo Lewandowski this week requiring Congress to approve all sales programs of state-controlled companies threw up

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Petrofac wins $110m Iraqi contracts

Petrofac has secured a new award and a number of contract extensions, with a combined value of more than US$110 million, for construction management, engineering, commissioning and start-up services for international oil company clients in Iraq. Petrofac has been active in Iraq since 2010 and has developed a significant track record in delivering a range of

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EGYPT: EGAS begins gas connection project

The oil ministry has started the project that aims to connect more houses to the national gas grid, Egypt Oil & Gas reports. The Egyptian Natural Gas Holding Company (EGAS) organized a workshop for the project’s team on June 25. The current phase of the project focuses on the technological aspect of the project including

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Angolan oil company chooses foreign supplier for fuel

The Angolan National Society of Fuels (Sonangol) chose the French company Total as a supplier of one million 200 thousand tons of gasoline until March next year, stated the news here today. This selection arose from a public contest launched last January, to which about twenty European, Asian and US companies were presented.The contract was

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Thyssenkrupp to Work on 5 Petrochemical Projects

German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies, Egypt Oil & Gas reports. Thyssenkrupp will construct a polybutadiene factory with the Egyptian Ethylene and Derivatives Company, propylene and polypropylene factories with the Sidi Kerir Petrochemicals Company, and a formaldehyde factory at Damietta Port. The German group is

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NIGERIA: NNPC plans strategies to stay in business

The Nigerian National Petroleum Corporation (NNPC) has said that it is working on the right strategies to remain in business for a long time. The Group Managing Director of the corporation, Maikanti Baru, who spoke at the NNPC first quarter 2018 top management steering committee meeting in Abuja at the weekend, said in order to operate as

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