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Oil And Gas
DR Congo Expresses Strong Political Will for Gas Monetization Projects
The administration of President Félix Antoine Tshisekedi has made energy security and investment its top priority, seeking to!-->…
President Buhari Approves West Africa biggest free zone for Akwa Ibom
…secures $10bn investment commitments, targets 7,000 jobs
The Federal Government has approved a new oil and gas free zone for!-->!-->!-->…
Turkey discovers large natural gas reserve in Black Sea
Turkish President, Recep Tayyip Erdoğan has formally announced that Turkey made a historic discovery, finding a natural gas field!-->…
US President Meets with Iraqi delegation for a Bilateral Energy Partnership
WASHINGTON, D.C. August 19, 2020 - Secretary of Energy Dan Brouillette participated in the official visit of the Iraqi!-->…
Maersk Drilling secures additional one-well contract for low-emission rig under the Aker BP alliance
Maersk Drilling has been awarded an additional one-well contract from Aker BP for the low-emission jack-up rig Maersk!-->…
Zenith Energy successfully pre-qualified in Nigeria’s 2020 Marginal Field Bid Round
London-listed Zenith Energy Ltd.
(ZEN), international oil & gas production company, announced that it
has!-->…
COVID-19: Equatorial Guinea Restructures its Ministerial Cabinet
Following the meeting of the Council of Ministers held on Friday, August 14, 2020. The Government of Equatorial Guinea wishes to!-->…
Total Launches Phase 3 On the Giant Mero Field Development
Paris – Total and its partners have taken the
investment decision for the third phase of the Mero project (Libra
block),!-->…
Beirut Explosion: Chevron Pledges $1 Million for Lebanese Red Cross
SAN RAMON, Calif.---- Chevron Corporation has announced a contribution of $1 million to the Lebanese Red Cross, in support of!-->…
Uganda’s Albertine Graben Open for Investment – Peninah
By Ndubuisi Micheal Obineme
Peninah Aheebwa, Director of Technical Support Services Petroleum Authority, Uganda, has said that!-->!-->!-->…
Huawei: 7 technologies that are reshaping oil & gas companies
The COVID-19 pandemic has triggered the use of digital technologies in the oil and gas companies globally.
The virus has!-->!-->!-->…
COVID-19: Equatorial Guinea Continues Proactive Industry Engagement to Support the Oil Sector
MALABO, Equatorial Guinea, -- In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the!-->…
Labacorp Energy set to unlocking Cameroon’s Potential in Energy Sector – Bako Ambianda
Bako Ambianda, is a Cameroonian, Founder, Chairman and CEO, Labacorp Group of Companies. He is also the CEO of Labacorp Energy!-->…
Cameroon Launches Exploration Opportunities in two Producing Basins
By Ndubuisi Micheal Obineme
Within its mandate to promote and valorise hydrocarbon resources in the mining property of the!-->!-->!-->…
PIB Will Come Out With A Lot Of Sweetness Later This Year – Chief Sylva
By Ndubuisi Micheal Obineme
Chief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has said that the!-->!-->!-->…
Total finalizes Sale of Non-Core UK Assets to NEO Energy
Paris, – Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core!-->…
Regional Integration Key To Develop Africa Post COVID-19 – NCDMB
The Nigerian Content Development and Monitoring Board, NCDMB, has said that regional integration should be embraced in Africa as!-->…
AKK Project for Sustainable Economic Growth – President Buhari
President Muhammadu Buhari has said that delivery of the 614km
Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his!-->…
AKK Project: President Buhari Shown Dedication to Local Content Development – Oilserv Chairman
The Chairman and Chief Executive Officer (CEO) of Oilserv Limited, Engr. Emeka Okwuosa has said that President Mohammadu Buhari!-->…
Oilserv to Absorb 3,000 Workers in AKK Project
As President Mohammadu Buhari perform the flag off ceremony of the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline!-->…
President Buhari Flags-off Construction of 614km Ajaokuta-Kaduna-Kano Gas Pipeline
The Federal Government’s aspiration to boost domestic utilisation of
gas in Nigeria will receive a boost tomorrow as President!-->…
Flag Off of $2.8 Billion AKK Project 95 Percent Ready – Oilserv
Oilserv Limited, one of the companies handling the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has said that the!-->…
Manufacturing Holds Key to Recovery of Oil and Gas Markets, Expert says
Abu Dhabi, UAE – A revival in manufacturing across the world holds the key to the mid-term recovery of oil and gas markets, with!-->…
Nigeria Targets $10 Per Barrel Cost of Production by 2021
The Federal Government of Nigeria has made its intention to fix the Unit Operating Cost (UOC) of producing crude oil in Nigeria!-->…
Nigeria reaffirms Commitment to Comply with OPEC+ Production Agreement
Following the conclusion of the OPEC and non-OPEC meeting held on June 6th, 2020, Nigeria has reconfirmed its commitment to!-->…
OPEC Calls on Oil Producers to Adhere to Production Adjustment
The 11th OPEC and non-OPEC Ministerial Meeting was held
via videoconference, on Saturday, 06 June 2020, under the Chairmanship!-->…
OPEC+ Extends First Phase Production Adjustment till July 2020
The 179th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held via!-->…
Liberia auctions oil blocks online due to Coronavirus outbreak
The Liberian Government is seeking interest from companies on participating in the offshore license round, which was open since!-->…
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!-->…
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!-->!-->!-->…