Oil and Gas Companies

UAE and Kuwait announces Oil & Gas investments worth US$220Bn for the next 5 years

According to Ventures Onsite Report, Kuwait is planning to invest US$112 bn. in the next 5 years in the oil…

8 years ago

Wisdom Marine takes delivery of two eco-ship newbuilds from Japanese shipyards

Taiwanese shipping company, Wisdom Marine Lines takes delivery of two eco-ship newbuilds from Japanese shipyards. The 61,950 dwt Amis Miracle joined…

8 years ago

Lauritzen Kosan reflags two ships to Denmark

Danish shipping company, Lauritzen Kosan has reflagged two of its ships to Denmark for the first time since 2003. The…

8 years ago

Singapore: Container Volumes Increases at PSA International

Singapore-based port operator PSA International handled  74.24 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects in 2017,…

8 years ago

Crude Oil prices hits $70 per barrel

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led…

8 years ago

Nigeria oil marketers calls for total deregulation of petroleum downstream sub-sector

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have called for the…

8 years ago

ENGIE to acquire two energy companies in West Africa, Afric Power and Tieri

Acquisition of Afric Power and Tieri gives ENGIE strong local presence to accelerate its expansion in energy services in West…

8 years ago

Petrobras and Total completes the Transfer of Rights of the Lapa field in the Santos Basin pre-salt

Rio de Janeiro - Petrobras and Total has officially announced that they have finalized a decisive milestone in the realization…

8 years ago

Shell announces redevelopment of Penguins field in UK North Sea

Royal Dutch Shell plc (Shell) officially announced a final investment decision on the redevelopment of the Penguins oil and gas…

8 years ago

ExxonMobil Come Across Hydrocarbons Onshore Papua New Guinea

IRVING, Texas----ExxonMobil has officially announced that it came across hydrocarbons after drilling the onshore P’nyang South-2 well, located in the…

8 years ago

Damen delivers Fourth 3307 Patrol Vessel to Nigerian client, Homeland

Homeland Integrated Offshore Services Ltd (Homeland) of Lagos, Nigeria, has taken delivery of another Damen 3307 Patrol Vessel for operations…

8 years ago

Qatar and China Held Talks on Energy Cooperation

Qatar Petroleum CEO departs to China for talks on energy cooperation Mr. Saad Sherida Al-Kaabi, Qatar Petroleum President & CEO…

8 years ago

TCN to increase wheeling capacity of Nigeria’s grid to 9,000MW

The Transmission Company of Nigeria (TCN) has disclosed its plan to increase the wheeling capacity of the national grid from…

8 years ago

Petrofac secures rotating equipment contract with Chrysaor

Petrofac has been awarded a Rotating Equipment Management Services contract in support of Chrysaor’s operations in the UKCS. Under the…

8 years ago

ExxonMobil Announces Sixth Oil Discovery Offshore Guyana

IRVING, Texas----Exxon Mobil Corporation has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana…

8 years ago

United States to host Largest Global Gas Conference, WGC 2018

The 27th World Gas Conference (WGC 2018) takes place in Washington DC from June 25-29, 2018 and is the first…

8 years ago

AFDB, NDF, GEF, CIC partners in US $55-million investment into Off-Grid Energy Access Fund in Africa

On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid…

8 years ago

AfDB approves vital LDCF-financed climate change adaptation program in the Horn of Africa

The African Development Bank (AfDB) approved the program “Multinational (Somalia/Sudan) Rural Livelihoods Adaptation to Climate Change in the Horn of…

8 years ago

SoCalGas to Develop New Technology that Makes Carbon Fiber During Hydrogen Production

LOS ANGELES, -- Southern California Gas Company (SoCalGas) has announced it is partnering with a development team to advance a…

8 years ago

AFDB allocates US$985,000 to support utility-scale wind farm project in Mozambique

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved US $ 985,000 to Parque Eólico da Namaacha…

8 years ago

Enterprise Products to Expand Orla Natural Gas Processing Complex in West Texas

HOUSTON- -- Enterprise Products Partners to add 300 million cubic feet per day (“MMcf/d”) of incremental capacity at its cryogenic…

8 years ago

Total’s $16bn Egina FPSO to reach Nigeria by Q1 2018

Total's $16 billion Egina FPSO project have left the port of Gohyeon, Geoje shipyard in South Korea on October 31st,…

8 years ago

Qatar Petroleum becomes the only company to export Qatari LNG

Qatar Petroleum has announced the official start of operations of the new Qatargas following the successful completion of the integration…

8 years ago

Qatar Petroleum becomes the exclusive marketer of all Qatari crude oil exports

Qatar Petroleum (QP) announces that all crude oil produced in the State of Qatar for export to international markets has…

8 years ago

Transmission Company of Nigeria Records System Collapse at Odukpani Power Station

Transmission Company of Nigeria (TCN) regrets to report another System Collapse at about 14.19Hours today 3rd January, 2018. Preliminary information…

8 years ago

India targets 24-hour power supply by 2019

By March 2019, all homes in the country will be provided uninterrupted 24-hour power supply throughout the year, India’s Power…

8 years ago

Nigeria: Egbin power targets additional 1800MW under phase 2 expansion plan

MANAGEMENT of Egbin Power Plc, has restated its commitment to fast track its planned investments in additional gas pipelines, the…

8 years ago

How Nigerian power sector performed in 2017

…more innovative solutions needed Nigerians struggled with the barrage of problems in the power sector in 2017 despite  two new…

8 years ago

How Nigerian oil and gas sector performed in 2017

Crude oil, being the major source of foreign exchange for the survival of the economy, recorded marginal increase amid uncertainties…

8 years ago

Nigeria’s Bonny Light crude oil hits $67.10 per barrel

The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members…

8 years ago