Oil and Gas News

BP owns the largest operated renewables business in the energy industry

BP have the largest operated renewables business among other oil and gas peers. The company have been producing renewable energy…

8 years ago

Nigeria: NNPC Signs MOU with Benue State on Bio-Fuels Project

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation doubled the…

8 years ago

Nigeria International Petroleum Summit to Shape Global Energy Demand

H.E. Muhammadu Buhari, President, Federal Republic of Nigeria to deliver keynotes address  Lagos, Nigeria – 21 December 2017: The global…

8 years ago

OPEC countries require $10.5 trillion to meet oil demand – Barkindo

Members of the Organization of the Petroleum Exporting Countries (OPEC) are said to require investments of about $10.5trillion to meet…

8 years ago

Nigeria: NNPC to build three power plants with 4600MW

The Nigerian National Petroleum Corporation (NNPC) has announced that it will build three power plants with 4600MW, in the northern…

8 years ago

President of Sierra Leone inaugurates Solar Park Freetown Project

Together with the Project Management and Contractor, the project total costs have also been reduced from the initial USD18 million…

8 years ago

Aker Solutions Wins Modifications Contract From Maersk Drilling

Aker Solutions won an order from Maersk Drilling to modify the production module on the Mærsk Inspirer jack-up rig for…

8 years ago

Nigerian engineer, Monday Eyoh unveils new 3D printer, produced from waste materials

By Ndubuisi Micheal Obineme   Wisdom Monday Eyoh is a graduate of Mechanical Engineering from University of Uyo. He specializes…

8 years ago

Dr. Ibe Kachikwu to launch ‘Project 100’ for Nigerian Oil & Gas Entrepreneurs

By Ndubuisi Micheal Obineme   The Minister for Petroleum Resources, Dr. Emmanuel Ibe kachukwu, has revealed plans to launch Project…

8 years ago

Brazil: Total Launches Large-Scale Development of the Giant Libra Field

Paris – Total announces that it has taken the investment decision for the first large-scale development phase of the Libra…

8 years ago

Aker Solutions Wins Orders From Aker BP For Offshore Norway Fields

Aker Solutions won orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway. The company…

8 years ago

Aker Solutions to provide subsea services for Statoil’s oil fields, offshore Norway

Aker Solutions has secured a framework agreement to provide subsea services for Statoil-operated oil and gas fields offshore Norway. The…

8 years ago

Damen Pioneers Shipbuilding and Vessel Supply for the Maritime Industry in Africa

By Ndubuisi Micheal Obineme   Damen is an international shipyard group, operating 33 shipbuilding and repair yards with 9,000 employees…

8 years ago

EU pledges €25 million to support Nigeria’s power projects’ transmission expansion

The European Union has pledged to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn…

8 years ago

Nigerian Gas Master Plan: FG Awards $2.8bn Ajaokuta-Abuja-Kaduna-Kano pipeline contract

The implementation of the Nigerian Gas Master Plan (NGMP) got underway at the weekend as the federal government announced the…

8 years ago

PETAN Seeks Government Support, Effective Policy for FPSO Construction in Nigeria

By Ndubuisi Micheal Obineme OGR talks to Bank Anthony Okoroafor, Chairman of Petroleum Technology Association of Nigeria (PETAN).  PETAN Chairman calls…

8 years ago

BP to invest $200m in Europe’s largest solar company, Lightsource

BP to invest $200m in Lightsource over three years for a 43% stake in the business Lightsource is Europe’s largest…

8 years ago

Siemens, Rotan Power sign agreement for power plant project in Ghana

Memorandum of Understanding for combined cycle power plant with a capacity of 660 megawatts Total investment volume of more than…

8 years ago

Nigeria’s oil industry stakeholders set to receive Total’s Egina FPSO

By Ndubuisi Micheal Obineme Nigeria’s oil and gas industry is set to receive another landmark development with in-country fabrication and…

8 years ago

Shell rewards Nigerian entrepreneurs at #makethefuture Accelerator event

Ngozi Deborah Atalor, a Shell Nigeria LiveWIRE entrepreneur has emerged winner of the pitching competition for young Nigerian entrepreneurs in…

8 years ago

Aker Solutions to Provide Subsea Production System for Aker BP’s Ærfugl, offshore Norway

Aker Solutions was awarded a contract from Aker BP to deliver the subsea production system for the first phase of…

8 years ago

Shell receives Nigerian local content award from PETAN

The Petroleum Technologies Association of Nigeria (PETAN) has honoured Shell companies in Nigeria with the Aret Adams Award for Excellence…

8 years ago

EGINA Project to be Completed within Initial Budget; Sets New Local Content Records

The Egina field was discovered by Total Upstream Nigeria Limited (TUPNI) in 2003 within the Oil Mining Licence 130 (OML130),…

8 years ago

ExxonMobil Trains Nigerian Graduates To Acquire Oil & Gas Skills

By Ndubuisi Micheal Obineme ExxonMobil Training Centre in Eket, Akwa Ibom State, is currently offering Nigerian graduates the opportunity to…

8 years ago

Aker Solutions Wins Johan Castberg Orders Worth About NOK 4 Billion

Aker Solutions won key work to help Statoil develop the Johan Castberg field, the largest oil discovery in the Norwegian…

8 years ago

How Nigeria can benefit from OPEC’s production exemption – Kachikwu

Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has explained how Nigeria can maximise its current exemption from…

8 years ago

SNEPCo connects Nigerian and Chinese suppliers through Global Nigeria Forum

More than 20 Nigerian and 60 Chinese suppliers met in a strategic sourcing development forum in Shanghai mid-November in the…

8 years ago

Statoil to focus exploration on home turf in 2018 to curb risk

Norway’s Statoil ASA will focus exploration on its home turf next year as it seeks more oil and gas to…

8 years ago

Participate in North America’s leading energy event, Global Petroleum Show

Global Petroleum Show | June 12 – 14, 2018 | Calgary, Canada Global Petroleum Show (GPS) is the most important…

8 years ago

US LNG exports boost interest in Natgas futures

Reuters are reporting that a surge in speculative interest in the US LNG export boom has pushed open interest in…

8 years ago