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14 licences awarded in the Norwegian licensing round
Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been…
German based company, Hamburg Süd honored twice for sustainability
Hamburg, - Hamburg Süd has once again been honored by two independent organizations for its sustainability management. The Carbon…
Saudi Arabia: King Abdullah Port’s Box Volumes Rise by 21 Percent
Saudi Arabia’s King Abdullah Port became the country’s second largest port in terms of container handling as it witnessed a rise…
Shell Orders FPSO for Penguins oil and gas field
Royal Dutch Shell has decided to order a floating production, storage and offloading (FPSO) vessel for its Penguins field.
The…
Maersk and IBM to form Blockchain joint venture
A.P. Moller - Maersk and IBM has officially announced their intent to establish a joint venture to provide more efficient and…
Registration Now Open for WAIPEC 2018 Exhibition
Floorplan has doubled in size for 2nd edition with over 200 exhibitors confirmed to participate
Registration is now open for…
ExxonMobil, MagnaBond Collaborates to develop New Well Integrity Evaluation Technologies
SPRING, Texas----ExxonMobil Upstream Research Company has officially announced that it has signed a three-year joint development…
Cheniere and Trafigura Sign 15-Year LNG SPA
HOUSTON, -- Cheniere Energy, Inc. has officially announced that its subsidiary Cheniere Marketing, LLC ("Cheniere Marketing") has…
Lukoil in talks with Petrobras over possible sale of Nigerian oil assets
According to its CEO, Vagit Alekperov, Russia’s second-largest crude producer Lukoil is ready to expand its upstream portfolio…
Shell acquires major stake in Silicon, U.S. solar developer
Platform investment aligns Shell with best-in-class U.S. developer, owner, and operator of solar facilities
NASHVILLE, Tenn., --…
Canadian Government Lifts Speed Restrictions for Ships in Gulf of St. Lawrence
The Canadian government has lifted the temporary mandatory slowdown for commercial vessels operating in the Gulf of St. Lawrence.…
Port of Los Angeles Sets New Cargo Record in 2017
The Port of Los Angeles moved more cargo in 2017 than in any time in the port’s 110-year history, racking up 9.3 million TEUs.…
Japan’s Mitsui O.S.K. acquires Dutch Manning Company
Japan’s Mitsui O.S.K. Lines (MOL) has acquired full ownership of Azalea Maritime B.V., a Dutch manning company. MOL acquired 100%…
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 and gas sector to…
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 …
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…
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…
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 by OPEC and Russia, and…
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)…
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…
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 of…
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…
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…
Shell Petroleum Development Company of Nigeria Sabbatical Attachment 2018
Shell is a global group of energy and petrochemical companies, operating in more than 70 countries. Our aim is to meet the energy…
Burkina Faso, Mali and Ghana Ministers of Energy to lead discussions at the Regional Energy…
With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of…
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…
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 &…
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 7,000…
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.…
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…