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Total enters into a giant offshore wind farm project in Scottish North Sea
Paris, – Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm!-->…
Chief Sylva clears air, denies reports that Nigeria is yet to comply with OPEC+ Production Cut
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has cleared the air on media reports that Nigeria!-->…
President Buhari Says Nigeria will Support Adesina for his Re-election as AFDB President
President Muhammadu Buhari has said that Nigeria will stand solidly behind Dr. Akinwumi Adesina in his bid to get re-elected as!-->…
DPR Launches 2020 Marginal Fields Bid Round
By Ndubuisi Micheal Obineme
Victoria Island, Lagos - The Department of Petroleum Resources (DPR), on behalf of the Federal!-->!-->!-->…
Templars Provides Innovative Financing Framework for NLNG’s Train 7 Project
By Olagbaju Adefemi Jackson
Lagos, NIGERIA, -- Nigeria LNG Limited (NLNG) has secured $3 billion for the development of its!-->!-->!-->…
Total Announces Approval of New Resolutions Proposed By Shareholders
Paris, May 29, 2020 – Total's Shareholders’ Meeting was held as a closed session at the Company’s headquarter, on May 29, 2020,!-->…
Chevron Takes Extreme Measures in Response to COVID-19 Pandemic
By Ndubuisi Micheal Obineme
Chevron Corporation has officially announced new actions that it will take in response to the!-->!-->!-->…
Total Announces Results of the 2020 Capital Increase Reserved for employees
Paris, – In accordance with its policy in favour of employee shareholding, the Board of Directors of TOTAL S.A. decided, on!-->…
Nigeria to launch bidding rounds for several oil blocks in 2020
By Ndubuisi Micheal Obineme
Chief Timipre Sylva, Nigeria's Minister of State for Petroleum Resources, has said that the!-->!-->!-->…
SNEPCo Commences 5th Turnaround Maintenance on Bonga
Shell Nigeria Exploration and Production Company (SNEPCo) has begun the 5th turnaround maintenance at Bonga and its crude oil!-->…
UBA Holds Webinar to Celebrate Africa Day 2020
By Ndubuisi Micheal Obineme
UBA has launched its second edition webinar titled: 'UBA Africa Day Conversations 2020: Growth,!-->!-->!-->…
NLNG EPC: PETAN Commends Minister, NCDMB, NNPC and Firms
The Petroleum Technology Association of Nigeria (PETAN) has commended the signing of the engineering, procurement, and!-->…
Government of Madagascar gets Euro 4 million for Sahofika hydropower project
ABIDJAN, Ivory Coast, -- The African Development Fund has approved a 4.02 million euro loan with a grant component to finance!-->…
Oil prices rise as countries relaxed coronavirus restrictions
NEW YORK (Reuters) - Oil prices rise in the last two weeks as some countries relaxed coronavirus restrictions to allow factories!-->…
Apex Industries joins Equal by 30 Campaign
The
Equal by 30 campaign aims to have public and private sector commitments
to work towards equal pay, equal leadership and!-->…
TSAVO Oilfield Services Joins Equal by 30 Campaign
NAIROBI, Kenya, -- In yet another bold move, TSAVO Oilfield Services (TSAVO) becomes a signatory of the Equal by 30 campaign,!-->…
Nigeria’s PPPRA Clears Oil Marketers to Import Fuel
Private oil marketers have joined the Nigerian National Petroleum Corporation in the importation of petrol, according to VON.
!-->!-->!-->…
Nigeria LPG Consumption Exceeds Target in Q1 2020
The Petroleum Products Pricing Regulatory Agency (PPPRA) is pleased to announce that the Country has exceeded its Liquefied!-->…
Damen delivers complete package for Korean multi-purpose vessel
Damen Shipyards Group has signed an agreement with
Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a!-->…
Industry Downturn Creates Opportunities for Local Content in Angola – Expert
LUANDA, Angola, -- With an economic recession expected at -1.4% by the International Monetary Fund (IMF) this year, Angola is!-->…
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!-->!-->!-->…
Equatorial Guinea Signs First and Historic Mining Contracts
Five Mining contracts were signed with three different companies and follow the conclusion of the country’s first mining!-->…
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 in!-->…
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!-->…
Eni, SEP to conclude Afina and Sankofa Unitization Agreement in Ghana’s Upstream Sector in August…
The conclusion of such an agreement would ensure efficient reservoir exploitation, avoid unnecessary competitive drilling and!-->…
Damen delivers Multi Cat 1908 to Inverlussa Marine Services
On 30th March in Hardinxveld, the Netherlands, Damen Shipyards Group handed over a Multi Cat 1908 named Patricia Matheson to!-->…
AFDB welcomes $10 million Clean Technology Fund investment to diversify Ethiopia’s energy mix
With this investment, CTF becomes the first progressive geothermal Independent Power Producer (IPP) in Ethiopia.
ABIDJAN,!-->!-->!-->…
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,!-->!-->!-->…
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 firmly at the centre of!-->…
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!-->…