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Rainmaker Well Positioned to Deliver Innovative Solutions in Nigeria’s Energy Sector
By Ndubuisi Micheal Obineme
Rainmaker, a Canadian based company with its headquarter in Calgary, has proven its ability by…
Equatorial Guinea: Oil Producers should ‘Stand Together’
Collaboration of Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers in committing and adhering to oil…
Damen, Adriatic Marinas and the Montenegrin Government sign contract for redevelopment of Bijela…
Consortium to transform site into superyacht repair and refit facility
The consortium of superyacht marina development and…
Shell completes divestment of upstream interests in Ireland worth $1.30 billion
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in…
Shell completes sale of Draugen and Gjøa interests to OKEA
A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa fields in Norway for 4,52 Billion NOK (~US$526…
Angela Merkel’s plane makes emergency landing on way to G20 summit
By Joerg Blank, dpa
German government planes have recently hit the headlines over technical glitches. But the incident involving…
African Energy Chamber urges oil producers to support OPEC’s efforts on stabilizing the oil markets
The Chamber urges African producing nations, both those that are Organization of the Petroleum Exporting Countries (OPEC) members…
G20 Leaders’ Summit kicks off in Argentina
Over two days, heads of State and Government from the world’s leading economies will address some of the most pressing issues on…
Naviera Integral signs contract with Damen for its 15th Fast Crew Supplier FCS 5009
Leading Mexican offshore contractor Naviera Integral has signed a contract with the Damen Shipyards Group for the delivery of a…
Société Nouvelle signs contract with Damen Shipyards Group
Damen Shipyards Group has recently signed a contract with Société de Remorquage et de Travaux Maritimes (SNRTM) for the delivery…
Benin, Burundi, others made significant progress in de-risking renewable energy projects
In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects in their…
Mexico E&P: aiming high, but growth unlikely to materialize
Mexico’s production has been following a declining trend, which is not expected to be reversed before at least 2025. Despite high…
Wabote Bags Fellowship Award for Engineering Excellence
Engr. Simbi Kesiye Wabote, Executive Secretary, Nigerian Content Development and Monitoring Board was on Thursday in Port…
Equatorial Guinea congratulates TechnipFMC and Schlumberger on local content compliance
The announcement follows the decision, earlier this week, to cancel all contracts awarded to international oil services firm…
Industry Players Set Agenda at Sustainable Ocean Summit 2018
The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. As Maisie Cheng, Director of Marine, Hong…
AFDB allocates $150m to fund electrification projects in Nigeria
By Ndubuisi Micheal Obineme
The African Development Bank Group (AFDB) have allocated $150 million to the Nigerian Government in…
Innovative thinking needed to finance renewable energy sector – Executive Secretary, REAN
As the conversation around clean and affordable energy gathers more interest, access to finance is one of the major limitations to…
Buenos Aires set to host G20 World Leaders in November 2018
On 30 November and 1 December, leading heads of State and Government from around the world will meet in Buenos Aires to take part…
Total signs MOU with Papua New Guinea on LNG Project
Port Moresby – Total and its partners ExxonMobil and Oil Search have signed a Memorandum of Understanding (MoU) with the…
Explorationists say Nigeria cannot attain 40bn barrels oil reserve – NAPE
The absence of fiscal policy will continue to retard investments flow in Nigeria’s oil and gas industry, such that attainment of…
Damen hands over four FCS 2610 vessels to Allianz at ADIPEC 2018
Damen Shipyards Group has handed over four new Fast Crew Suppliers (FCS) 2610 to Allianz Middle East Ship Management. The handover…
Angola Joins The Gas Exporting Countries Forum (GECF)
The African Energy Chamber congratulates Angola on becoming the sixth African country to join the Gas Exporting Countries Forum…
Ryan Ward: Nigeria is Canada’s largest trading partner in Sub-Saharan Africa
By Ndubuisi Micheal Obineme
Ryan Ward, Deputy High Commissioner of Canada in Nigeria, based in Lagos, has said that Nigeria is…
FCMB targets 100% Clean Energy, Launches SEFI Workshop for SMEs
By Ndubuisi Micheal Obineme
First City Monument Bank, (FCMB) has restated its commitment to Renewable Energy projects financing…
Frankfurt Airport ups Q3 profit by 16 per cent despite summer woes
Frankfurt - Despite a summer of cancellations and delays, Frankfurt Airport's operator Fraport announced a 16-per-cent…
Africa Oil Week 2018 explores the financial opportunities in the African oil and gas market
CAPE TOWN, South Africa, -- Africa Oil Week – the leading event dedicated to the African oil and gas industry hosted a live…
Damen to present its new leasing fund for African shipowners in Cape Town
Damen will present its new vessel leasing fund, which is specifically designed for African shipowners, at the first Damen Fishing…
Limestones with ancient inscriptions found by German-Egyptian team
Cairo – A team of Egyptian and German archaeologists has unearthed parts of limestones with inscriptions that could be 4,000 years…
Damen’s innovative RSD Tug 2513 nominated for KNVTS Ship of the Year Award
Damen’s radical new ‘always bow first’ RSD Tug 2513 has reached the final stage of this year’s prestigious Maritime Award KNVTS…
Nigeria and Canada to strengthen their cooperation in the mining sector
By Ndubuisi Micheal Obineme
ABUJA - The Nigerian High Commission in Canada, in collaboration with Prime Essentials Development…