Oil and Gas News

Eni strengthens its presence in the Cyprus Offshore

Eni has announced that it has finalized a farm-in agreement with Total to acquire 50% Participating Interest of Block 11…

9 years ago

Credit Agricole to provide Gazprom with a 5 year EUR 700 million loan

Credit Agricole CIB will provide Gazprom with a five-year EUR 700 million loan. The agreement was signed at the Gazprom headquarters…

9 years ago

Saudi Aramco and Shell signs a definitive agreements toward separation of Motiva assets

The Hague - Royal Dutch Shell has officially announced the signing of binding definitive agreements between SOPC Holdings East LLC (a…

9 years ago

Lundin Petroleum spuds appraisal wells on the Edvard Grieg field in the North Sea

Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced appraisal drilling on…

9 years ago

Volvo Penta showcases a powerful line-up of its Stage IV/Tier 4 Final diesel engines at CONEXPO

As a premium engine manufacturing brand, Volvo Penta is showcasing its leading solutions for both current and future customer requirements.…

9 years ago

ExxonMobil to Invest $20 Billion to Expand Manufacturing Capacity in U.S. Gulf Region

HOUSTON-- Exxon Mobil Corporation is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion…

9 years ago

Shell partner, Ferrari launches the most powerful and fastest car, 812 Superfast

Shell partner, Ferrari launched the 812 Superfast, their most powerful and fastest car ever at Geneva Motor Show. Ferrari has…

9 years ago

Oranto Launches $500-Million Oil Exploration Campaign in South Sudan

Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. March…

9 years ago

Novidon Potato Starch is the most preferred products for Drilling and Mining Operations in the global markets

By Ndubuisi Micheal Obineme Drilling Starches from Novidon are based on potato starch, the most preferred raw material for drilling…

9 years ago

Key Oil & Gas Business Leaders Gathered at the LNG SUMMIT USA

On February 23rd-24th, the LNG Summit USA opened its doors to top leaders of the industry in Houston (Texas). Hosted…

9 years ago

Mandals AS, World’s Largest Manufacturer and Supplier of Lay Flat Hoses

By Ndubuisi Micheal Obineme Established in 1775, Mandals AS has been operating in Norway providing wide range of lay flat…

9 years ago

Petrobras and Total signs definitive contracts in the Upstream and Downstream sectors

Rio de Janeiro - Petrobras and Total has officially announced that they have signed a definitive contracts in relation to…

9 years ago

Influential Female Leaders to lead discussions at PEWA 2017 in South Africa

To celebrate International Women’s Day, we are proud to announce some of our female leaders who are speaking at Power…

9 years ago

Top U.S. utility-scale asset managers and O&M providers

All data provided by:   Rank Owner Contracted Pipeline (MWdc) Projects Operating (MWdc) Contracted + Operating (MWdc) 1 First Solar…

9 years ago

Nigerian Federal Government to build $20 billion Gas Industrial Park in Niger Delta

Abuja - Nigeria's Acting President, Yemi Osinbajo, has disclosed the Government plan to build a gas industrial park worth about…

9 years ago

Magazine: How Nigerian and West African Market can better compete in a weak and disruptive oil market – DOWNLOAD NOW!

West Africa is the westernmost subregion of Africa that comprises of 18 countries: Benin, Burkina Faso, the island nation of…

9 years ago

Oil & Gas tax holiday: Nigeria to lose $21.9bn in 7 years

Nigeria is set to lose $21.9 billion in seven years over Federal government implementation of tax holiday for companies in…

9 years ago

How Nigerian and West African oil can better compete in a weak and disruptive oil market

By Ndubuisi Micheal Obineme West Africa is the westernmost subregion of Africa that comprises of 18 countries: Benin, Burkina Faso,…

9 years ago

PETAN successfully host the Largest Petroleum Event in West Africa

By Ndubuisi Micheal Obineme The West African International Petroleum Exhibition and Conference (WAIPEC) 2017 commenced officially on the 22nd -…

9 years ago

Australian Minister, Julie Bishop officially names the Ichthys LNG Project in South Korea

INPEX celebrated the naming of the Ichthys LNG Project’s massive offshore facilities in South Korea. Australian Minister for Foreign Affairs…

9 years ago

CEFC, a private company in China ranked among World Energy Companies

BEIJING, -- China Energy Company Limited (CEFC China) is ranked 34th among the Fortune Global 500's energy industry list. Among…

9 years ago

Russian Gas exports to Germany reached a record of 49.8 billion cubic meters

A meeting was held in Berlin between Alexey Miller, Chairman of the Gazprom Management Committee, and Brigitte Zypries, Germany’s Federal Minister…

9 years ago

Seven Innovative Subsea Technologies at Chevron’s Gorgon Project, Australia

The Gorgon Project is located on Barrow Island about 37 miles (60 km) off the northwest coast of Western Australia.…

9 years ago

SunPower to supply 64.4 MW Solar Panels for the Construction of Seven Solar Power Plants in France

PARIS, -- SunPower has officially announced that it will supply 64.4 megawatts (MW) of its high efficiency E-Series solar panels…

9 years ago

SoCalGas new Valves features latest technology to Enhance Pipeline System Safety

LOS ANGELES, -- Southern California Gas Company (SoCalGas) has officially announced that it will upgrade or replace 50 to 60 pipeline…

9 years ago

Fugro announces partnership with Shell Ocean Discovery XPRIZE

Fugro has announced a partnership with the Shell Ocean Discovery XPRIZE to support its global, three-year competition. The competition incentivises…

9 years ago

ExxonMobil Sets New World Record in High Performance Oil and Gas Reservoir Computing

SPRING, Texas----ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using…

9 years ago

Alan Johnstone appointed as new European President, Wood Group

Wood Group has officially announced the appointment of Alan Johnstone as president of its Asset Life Cycle Solutions business in…

9 years ago

Fugro buys REM Etive Offshore IRM Vessel

Fugro acquires REM Etive IRM support vessel to service multiple contracts in Southeast Asia and has finalised a purchase agreement…

9 years ago

Wood Group develops New Version of ENVision Software for Industrial Plants

Wood Group has developed a new version of its ENVision software. The real-time environmental information management software system for process…

9 years ago