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Shell moves closer to new Bonga plan with NNPC deal

Refinery news roundup: Some refineries in Africa remain offline | Hellenic Shipping News Worldwide

Refinery news roundup: Some refineries in Africa remain offline In South Africa, both the Engen and Cape Town refineries remain offline, whereas Zambia’s Indeni is not expected to restart after a maintenance until later this year. Overall refining output in Africa remains low as many refineries remain closed or are operating intermittently, according to Africa-focused oil consultancy CITAC. In South Africa alone, refinery output fell 28% last year as all refineries were closed in April and May due to the lockdown. In April, South Africa’s Engen said it will be proceeding with the conversion of its Durban refinery into a terminal. Astron Energy’s Cape Town will remain closed until 2022, after an incident in July 2020, S&P Global Platts data reported earlier.

Bunkerworld News - Nigeria s NNPC narrows list of new term crude supply deal to 38 recipients: sources

Bunkerworld News - Nigeria s NNPC narrows list of new term crude supply deal to 38 recipients: sources
bunkerworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bunkerworld.com Daily Mail and Mail on Sunday newspapers.

Expert say Non-passage of PIB, eroding investors confidence in Nigeria s oil industry

Production slumps to four-year low in 2020 COVID-19 threw Nigeria’s oil industry into turmoil Sector anxiously awaits passage of PIB in 2021 Nigeria’s oil industry looks set for a difficult 2021 as a delay in implementing key legislative reforms compounds problems for a sector still reeling under the weight of OPEC+ output cuts and the impact of the coronavirus. Oil and gas remain the mainstay of the Nigerian economy. However, analysts say Nigeria has not been able to draw on its huge gas resources to bail it out from the economic woes, after passage of the landmark energy reform legislation the Petroleum Industry Bill (PIB) stalled.

JGC awarded pre-FEED contract for FLNG in Nigeria

Advertisement JGC Holdings Corporation has announced that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for a floating LNG (FLNG) facility project in the Federal Republic of Nigeria as planned by UTM Offshore Limited, a local private company engaged primarily in crude oil sales and construction equipment leasing, and the Nigerian National Petroleum Corp. This project calls for the Pre-FEED of a FLNG facility with a production capacity of 1 200 000 tpy using gas from the Yoho Gas Field owned by ExxonMobil and the Nigerian National Petroleum Corp. After the completion of the pre-FEED, then FEED and EPC phases are planned. This will be the first FLNG facility in Nigeria and is a milestone project.

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