Oil and Gas Companies

Total’s Investment Portfolio for Deepwater Projects in Africa Hits $160 billion

By Ndubuisi Micheal Obineme Mr. Mike Sangster, Managing Director, Total E&P Nigeria Limited, has said that Total has made a…

6 years ago

Belarus set to receive first shipment of U.S crudeoil

WASHINGTON (Reuters) - The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made…

6 years ago

NLNG signs EPC Contracts with SCD JV Consortium

Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with the…

6 years ago

Eni, SEP to conclude Afina and Sankofa Unitization Agreement in Ghana’s Upstream Sector in August 2020

The conclusion of such an agreement would ensure efficient reservoir exploitation, avoid unnecessary competitive drilling and maximize economic recovery JOHANNESBURG,…

6 years ago

COVID-19: Damen hosts digital steel-cutting ceremony for RoPax vessel

Shipyard uses digital communications to ensure safe steel-cutting ceremony during coronavirus outbreak On Monday, 27th April, Damen Yichang Shipyard in China…

6 years ago

African Energy Companies Join Equal by 30 Campaign for Women in Energy

The Equal by 30 Campaign is being rolled out with the aim to advance gender equality and ensure women are…

6 years ago

Maersk Drilling revises financial guidance for 2020 and takes steps to reduce onshore organisation

Today, The Drilling Company of 1972 A/S (“Maersk Drilling”) provides the following update on the impact of COVID-19 and lower…

6 years ago

Africa Oil & Power Launches Angola Oil and Gas 2020 Special Report

LUANDA, Angola, -- Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday, May 7th, 2020; the…

6 years ago

Africa Oil & Power launches Investment Report on Gabon’s Petroleum Sector

Natural gas has been identified as a key development driver for Gabon’s hydrocarbons sector LIBREVILLE, Gabon, -- Through the Africa…

6 years ago

NJ Ayuk: How Africa Can Make a Comeback from Oil Price Plunge & COVID-19 Pandemic

There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12…

6 years ago

IOCs reports historic loss, Cut Production in Permian Basin

The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as…

6 years ago

COVID-19: AEC, IAGC Calls on African Government to take Action to Sustain Oil & Gas Industry

These measures are intended to mitigate the expected loss of jobs and abandonment of erstwhile viable projects in the African…

6 years ago

OTC Announces Spotlight on New Technology Awards Recipients

Houston, Texas, USA — The Offshore Technology Conference (OTC) announces the 2020 recipients of the Spotlight on New Technology® Award.…

6 years ago

Equatorial Guinea grants 2 Years Extension to Oil & Gas Exploration Companies

The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in Equatorial Guinea The…

6 years ago

OPEC Call for Papers on its Energy Review-Journal

The OPEC Energy Review is a quarterly energy research journal published by the OPEC Secretariat in Vienna. Each issue consists…

6 years ago

APICORP CONTRIBUTES $500 MILLION TO MEMBER COUNTRIES TO TACKLE COVID-19 PANDEMIC

Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched…

6 years ago

OPEC Says Oil Price May Rise To $40 In Second Half Of 2020

OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns…

6 years ago

Maersk Drilling secures major offshore contract in Africa in Q1 2020

On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project by…

6 years ago

Fugro secures ROV and survey support contract with Global Marine Group

Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global…

6 years ago

Equatorial Guinea to launch new policies to support E&P companies

JOHANNESBURG, South Africa, -- H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current state of…

6 years ago

BP Confirms Plan To Complete Sale Of Alaska Business To Hilcorp By June 2020

BP has confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019. Subject…

6 years ago

Uganda to welcome $20 billion FID as Total and Tullow finalizes Farm out Deal

By Ndubuisi Micheal Obineme The Government of Uganda has applauded the agreement reached between Total and Tullow, which will see…

6 years ago

PTI Seek Support From IOCs To Boost Oil, Gas Skills in Nigeria

Petroleum Training Institute (PTI), Effurun, Delta State, is seeking support from International Oil Companies (IOCs) to boost skilled manpower in…

6 years ago

Sebastian Wagner: OPEC still has an important role to play in the Global Oil Market

By Sebastian Wagner JOHANNESBURG, South Africa, -- Scan Western news about OPEC from the last few years and a common…

6 years ago

Equatorial Guinea tackles COVID-19 with New Strategies, Continues Investment Plan for 2020

...The country is projected to be one of the hardest-hit African economies by the global pandemic According to Africa Oil…

6 years ago

BP supercomputer to aid global healthcare researchers to halt COVID-19

HOUSTON – BP is joining forces with the U.S. government, leading universities and the world’s largest technology companies by providing…

6 years ago

Shell unveils plan to be a net-zero company by 2050

Royal Dutch Shell has formally announced plans to reduce greenhouse gas emissions to net-zero by 2050. In an update to…

6 years ago

LUKOIL COMMISSIONS DIGITAL SUBSTATION IN PERM REGION

LUKOIL commissioned its first digital power substation at the Chashkinskoye field in Perm Region. The new facility distributes and delivers…

6 years ago

COVID-19 and the Price War: A good time for U.S. Independent Oil and Gas Producers to consider opportunities in Africa

By NJ Ayuk Africa’s rich resources still represent opportunity, including a wealth of natural gas waiting to be discovered JOHANNESBURG,…

6 years ago

South Sudan joins OPEC, Russia, and Saudi Arabia to stabilise the Oil Market

Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+…

6 years ago