First Independent Mena Newspaper
A naval fleet of China’s People’s Liberation Army (PLA-N) arrived for a five-day visit in Nigeria on Sunday (2 July) for a rare visit by the Chinese military to Africa’s Atlantic coast, reinforcing speculation that the Gulf of Guinea could offer a base for Beijing. As the destroyer Nanning and an accompanying frigate, long with […]
Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]
The first phase of the drilling campaign of Hassi Bir Rekaiz perimeter, carried out by the National hydrocarbon company Sonatrach in partnership with Thai company PTTEP and Chinese CNOOC, resulted in oil discovery in three wells, in a statement released by Sonatrach. Nine wells were drilled by the three companies at the Hassi Bir Rekaiz […]