In a press note released on 1st September 2015, the world manufacturer of fibre optic submarine network, Huawei Marine Networks Ltd., announced the completion of the installation of the fibre optic between Cameroon and Nigeria. The 1,100 km stretch, christened Nigeria-Cameroon Submarine Cable Systems (NCSCS) is meant to be ready for service during 4th quarter 2015. NCSCS now links the city of...

Comprising a network of Caltex service stations and a refinery, as well as a sizeable supply and trading organization, Chevron South Africa recently resumed production at its Milnerton-based refinery, in Cape Town, not long after one of its most substantial and successfully planned maintenance and safety inspections, which took place from February until March. Engineering news reports. Chevron...

In order to combat oil theft, one of Nigeria’s many problems, the country is set on implementing drone technology. NNPC’s new boss, Ibe Kachikwu, confirmed the news while speaking at a special conference on security in the Gulf of Guinea. According to Nigeria’s state-run oil company (NNPC), drones will be used in the fight against oil theft by keeping a watchful eye on the movement of...

African downstream oil industry stakeholders met at the Westin Grand Hotel, in Cape Town, in March as part of the African Refiners Association (ARA) week to deliberate on how to strengthen investments in the refining and distribution sectors of all African countries to meet the rising energy demand of a growing continent. Engineering news reports. The recent decline in oil prices also places...

Dialogues over the selling of Cypriot offshore gas to Egypt has been ongoing, despite the recent discovery of a massive gas find in Egyptian waters, energy minister Giorgos Lakkotrypis recapped at Nicosia where he met with representatives of British Gas (BG). Lakkotrypis reported his interest in obtaining gas from the Aphrodite prospect in Block 12, processing it at their LNG plant in Egypt and...

The management of Warri Refining and Petrochemicals Company (WRPC) has been given a 90 days ultimatum by the Nigerian National Petroleum Corporation (NNPC), to commence full production at the facility. The ultimatum which was given by the Group Managing Director of NNPC, Dr. Ibe Kachikwu at the end of a facility tour of the refinery and the adjoining Pipelines and Products Marketing...

The Indian company Shiloh Minerals has announced its intention to install a distillery to produce alcohol made from cashew. The information was made public by Dinesh Bathia, Indian ambassador in Côte d’Ivoire. This project is in line with a series of investments which will concern different sectors such as mines and the pharmaceutical industry. The initiative falls easily into the strategic...

Moroccan group Dislog announced, in a press note released on 2 September, having bought company Avendis, consolidating its position as national leader in the distribution of fast moving consumer goods and logistics services. “This operation of external growth allows us to consolidate our position as national leader in the distribution and logistics services sector with a forecast of 3.1...

Ghana is taking different measures in order to avoid missing its fiscal deficit target this year as falling oil prices consumes revenue from its crude sales. “With the continuous fall in crude oil prices, the petroleum benchmark revenue may not be achieved,” Seth Terkper Ghana’s Minister for Finance and Economic Planning told Bloomberg in an interview. Meanwhile the government has brought...

President Muhammadu Buhari’s has been put under a lot of pressure to cut expenditures in the face of falling oil prices. The amount of persistent expenditures is “a huge worry for a developing country like Nigeria,” Stanley Achonu, the head of operations at BudgIT, an organization that works to bring transparency to public spending, told Sweet crude in an interview. While the country can...