business

BP and Microsoft form strategic partnership to drive digital energy innovation

London UK, Redmond, Washington – BP and Microsoft Corporation have ‎announced that they have agreed to collaborate as strategic partners…

5 years ago

OPEC Celebrates 60th Anniversary

The Organization of Petroleum Exporting Countries (OPEC) on Monday 14th September 2020 celebrated its 60th anniversary while oil prices continue…

5 years ago

Centurion opens new lawyers-on-demand service ‘CenturionPlus’ in Mozambique

CenturionPlus will especially focus on supporting new joint-ventures and partnerships in Mozambique to build domestic capacity JOHANNESBURG, South Africa, --…

5 years ago

Kariya Energy set to acquire oil and gas assets in various African countries

HOUSTON, United States of America, -- Kariya Energy has formally announced that it will enter into a various definitive agreement…

5 years ago

Maersk Drilling secures 20-month extension for jack-up rig Maersk Convincer in Brunei Darussalam

Brunei Shell Petroleum Company Sdn. Bhd. (BSP) has exercised the contract extension option for the jack-up rig Maersk Convincer that…

5 years ago

DR Congo Expresses Strong Political Will for Gas Monetization Projects

The administration of President Félix Antoine Tshisekedi has made energy security and investment its top priority, seeking to get massive…

5 years ago

President Buhari Approves West Africa biggest free zone for Akwa Ibom

…secures $10bn investment commitments, targets 7,000 jobs The Federal Government has approved a new oil and gas free zone for…

5 years ago

Schneider Electric Launches Products to Reduce Nigeria’s US$29 Billion Annual Power Disturbances Cost

Schneider Electric, the leader in digital transformation of energy management and automation recently launched a range of smart solutions adapted…

5 years ago

Turkey discovers large natural gas reserve in Black Sea

Turkish President, Recep Tayyip Erdoğan has formally announced that Turkey made a historic discovery, finding a natural gas field holding…

5 years ago

US President Meets with Iraqi delegation for a Bilateral Energy Partnership

WASHINGTON, D.C. August 19, 2020 - Secretary of Energy Dan Brouillette participated in the official visit of the Iraqi delegation…

5 years ago

Maersk Drilling secures additional one-well contract for low-emission rig under the Aker BP alliance

Maersk Drilling has been awarded an additional one-well contract from Aker BP for the low-emission jack-up rig Maersk Integrator. In…

5 years ago

Zenith Energy successfully pre-qualified in Nigeria’s 2020 Marginal Field Bid Round

London-listed Zenith Energy Ltd. (ZEN), international oil & gas production company, announced that it has successfully pre-qualified in the 2020 Marginal Field Bid…

5 years ago

DOP becomes first locally built dredger in Argentina

SPI Servicios Portuarios Integrados for Mar del Plata port in Argentina has acquired a DOP Dredger component package from Damen…

5 years ago

Keppel coverts LNGC to FLNG, saves 33% of GHG emissions

Keppel Offshore & Marine’s (Keppel O&M) conversion of a Liquefied Natural Gas Carrier (LNGC) into a Floating Liquefaction Vessel (FLNG)…

5 years ago

Hewlett Packard Enterprise to power Edinburgh International Data Facility

Hewlett Packard Enterprise has won a bid to power Europe’s first regional data innovation centre, taking Edinburgh one step closer…

5 years ago

COVID-19: Equatorial Guinea Restructures its Ministerial Cabinet

Following the meeting of the Council of Ministers held on Friday, August 14, 2020. The Government of Equatorial Guinea wishes…

5 years ago

E.ON Joins European Clean Hydrogen Alliance

At the beginning of July, the European Union presented its hydrogen strategy. The aim is to support the achievement of…

5 years ago

Total Launches Phase 3 On the Giant Mero Field Development

Paris – Total and its partners have taken the investment decision for the third phase of the Mero project (Libra block),…

5 years ago

ExxonMobil and Global Clean Energy Holdings sign agreement for renewable diesel

Global Clean Energy Holdings to supply renewable diesel from Bakersfield biorefineryRenewable diesel can significantly reduce life-cycle greenhouse gas emissions Agreement…

5 years ago

PPL, EPRI, and GTI form alliance to develop low-carbon energy technologies

ALLENTOWN, Pa., -- PPL Corporation (NYSE:PPL) is partnering with the Electric Power Research Institute (EPRI), Gas Technology Institute (GTI) and…

5 years ago

Beirut Explosion: Chevron Pledges $1 Million for Lebanese Red Cross

SAN RAMON, Calif.---- Chevron Corporation has announced a contribution of $1 million to the Lebanese Red Cross, in support of…

5 years ago

Uganda’s Albertine Graben Open for Investment – Peninah

By Ndubuisi Micheal Obineme Peninah Aheebwa, Director of Technical Support Services Petroleum Authority, Uganda, has said that the Albertine Graben…

5 years ago

Huawei: 7 technologies that are reshaping oil & gas companies

The COVID-19 pandemic has triggered the use of digital technologies in the oil and gas companies globally. The virus has…

5 years ago

COVID-19: Equatorial Guinea Continues Proactive Industry Engagement to Support the Oil Sector

MALABO, Equatorial Guinea, -- In order to maintain the engagement with the oil sector of Equatorial Guinea in light of…

5 years ago

Germany to Ramp Up Investment in Africa’s Energy Sector

An exclusive webinar explored the market dynamics set to shape post-COVID-19 German-African business relations. JOHANNESBURG, South Africa, -- “Germany-Africa Economic…

5 years ago

Gov Sanwo-Olu Promises Quick Resolution for Apapa-Tin Can, Other Roads

By Ndubuisi Micheal Obineme Lagos State Governor Babajide Olusola Sanwo-Olu has said that the unabating gridlock caused by the trucks…

5 years ago

Labacorp Energy set to unlocking Cameroon’s Potential in Energy Sector – Bako Ambianda

Bako Ambianda, is a Cameroonian, Founder, Chairman and CEO, Labacorp Group of Companies. He is also the CEO of Labacorp…

5 years ago

Cameroon Launches Exploration Opportunities in two Producing Basins

By Ndubuisi Micheal Obineme Within its mandate to promote and valorise hydrocarbon resources in the mining property of the Republic…

5 years ago

PIB Will Come Out With A Lot Of Sweetness Later This Year – Chief Sylva

By Ndubuisi Micheal Obineme Chief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has said that the country is…

5 years ago

Total finalizes Sale of Non-Core UK Assets to NEO Energy

Paris, – Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core…

5 years ago