Blog

SHARES IN OMAN’S OQEP RECOVER AFTER POOR DEBUT

Shares in Oman’s OQ Exploration and Production (OQEP) rebounded on Tuesday following a sharp slump during their debut on the Muscat Stock Exchange a day earlier.

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Energy Policy & Regulation

QATAR’S AL MANSOUR TO INVEST $20BN IN MOZAMBIQUE.

Qatari investment firm Al Mansour Holding has signed a $20 billion partnership agreement with Mozambique to support sectors the government is prioritising including energy and agriculture, President Daniel Chapo’s office said.

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Oil & Gas

ADNOC SIGNS 15-YEAR LNG SUPPLY DEAL WITH INDIANOIL.

Abu Dhabi National Oil Company (Adnoc) has signed a 15-year agreement to supply liquefied natural gas (LNG) to Indian Oil Corporation (IndianOil), one of India’s largest energy firms.

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Oil & Gas

CNOOC INTERNATIONAL NEARS PRODUCTION AT KINGFISHER PROJECT IN UGANDA.

CNOOC International has completed enough development wells at its Kingfisher project on Lake Albert, Uganda, allowing the field to begin production. The oil will be exported via the East African Crude Oil Pipeline (EACOP) to Tanga, Tanzania, and some will supply Uganda’s first refinery, which is still behind schedule.

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Energy Policy & Regulation

AL MANSOUR BUYS STAKE IN AUSTRALIA’S INVICTUS ENERGY.

Al Mansour Holdings (AMH), owned by a member of the Qatari royal family, will take a 19.9 percent stake in Australia-listed Invictus Energy and will provide financial support for the latter’s natural gas project in Zimbabwe.