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SAIPEM-JV WINS CONTRACT FOR LNG PROJECT IN NIGERIA
A joint venture made up of Italian oil services group namely; Saipem, Japans Chiyoda Corp and Koreas Daewoo E&C has…
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AFC, WALTERSMITH SIGN $35M FACILITY FOR REFINERY PROJECT IN IMO
The Africa Finance Corporation, (AFC) has signed a $35 million debt facility agreement with Waltersmith Refining and Petrochemical Company Limited,…
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SHELL IN TALKS WITH ELUMELUS HEIRS HOLDING OVER SALE OF $2BN OIL ASSETS
Shell is presently in discussion with Heirs Holding Limited with respect to the sale of its interests in Oil Mining…
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PETROBRAS NEARS $1.3B SALES OF NIGERIAN OIL ASSETS
Petróleo Brasileiro SA is set to sell its stake in Nigerian Oil and Gas Assets for USD$1.3 billion to a…
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DANGOTE SIGNS USD$650M AFREXIMBANK LOAN FOR OIL REFINERY
The Nigerian Conglomorate, Dangote has executed a seven-year term USD$650 million loan facility with African Export-Import Bank (Afrexim bank) for…
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APPLICATIONS FOR POWER GENERATION LICENSES TO BE BY COMPETITIVE TENDER
The Nigerian Electricity Regulatory Commission (NERC) has issued the Competitive Procurement Regulation which provides that applications for licenses to generate…