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Oil And Gas
Equatorial Guinea grants 2 Years Extension to Oil & Gas Exploration Companies
The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in!-->…
OPEC Says Oil Price May Rise To $40 In Second Half Of 2020
OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the!-->…
Maersk Drilling secures major offshore contract in Africa in Q1 2020
On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project!-->…
Fugro secures ROV and survey support contract with Global Marine Group
Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global!-->…
Equatorial Guinea to launch new policies to support E&P companies
JOHANNESBURG, South Africa, -- H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current!-->…
BP Confirms Plan To Complete Sale Of Alaska Business To Hilcorp By June 2020
BP has confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019.!-->…
Uganda to welcome $20 billion FID as Total and Tullow finalizes Farm out Deal
By Ndubuisi Micheal Obineme
The Government of Uganda has applauded the agreement reached between Total and Tullow, which will!-->!-->!-->…
PTI Seek Support From IOCs To Boost Oil, Gas Skills in Nigeria
Petroleum Training Institute (PTI), Effurun, Delta State, is seeking support from International Oil Companies (IOCs) to boost!-->…
Sebastian Wagner: OPEC still has an important role to play in the Global Oil Market
By Sebastian Wagner
JOHANNESBURG, South Africa, -- Scan Western news about OPEC from the last few years and a common!-->!-->!-->…
Equatorial Guinea tackles COVID-19 with New Strategies, Continues Investment Plan for 2020
...The country is projected to be one of the hardest-hit African economies by the global pandemic
According to Africa Oil!-->!-->!-->…
BP supercomputer to aid global healthcare researchers to halt COVID-19
HOUSTON – BP is joining forces with the U.S. government,
leading universities and the world’s largest technology companies by!-->…
Shell unveils plan to be a net-zero company by 2050
Royal Dutch Shell has formally announced plans to reduce greenhouse gas emissions to net-zero by 2050.
In an update to!-->!-->!-->…
LUKOIL COMMISSIONS DIGITAL SUBSTATION IN PERM REGION
LUKOIL commissioned its first digital power substation at the Chashkinskoye field in Perm Region. The new facility distributes!-->…
COVID-19 and the Price War: A good time for U.S. Independent Oil and Gas Producers to consider…
By NJ Ayuk
Africa’s rich resources still represent opportunity, including a wealth of natural gas waiting to be discovered
!-->!-->!-->!-->!-->…
South Sudan joins OPEC, Russia, and Saudi Arabia to stabilise the Oil Market
Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+!-->…
OPEC+ slashes production, saves Oil Industry from collapse
Up to 20 million barrels of oil per day could come off the market in combined efforts
CAPE TOWN, South Africa, -- In a!-->!-->!-->…
Nigeria will start producing 1.412 to 1.579 million bpd, says minister
By Ndubuisi Micheal Obineme
Following the recent OPEC meeting to curtail production, Nigeria's Minister of State for!-->!-->!-->…
G20 backs OPEC+, But Deal in Jeopardy as Mexico Refuses Cuts
... Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to see production decline CAPE
TOWN,!-->…
Nigeria, OPEC+ Join Forces to Stabilise Global Oil Markets
By Ndubuisi Micheal Obineme
Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to!-->!-->!-->…
OPEC+ agrees to cut down production by 10 million bpd in May 2020
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC
countries led by Russia, have agreed to cut down!-->…
President Lourenço Re-Appoints Diamantino Pedro Azevedo as Mineral, Petroleum Minister in Angola
LUANDA, Angola - The Angolan and African energy industry has welcomed the reappointment of Diamantino Pedro Azevedo as Minister!-->…
West African Countries among the most hard-hit amid Covid-19 and low oil price, report says
According to African Energy Chamber analyses, Angola, Senegal, Cameroon, Ghana, and Nigeria are among the most hard-hit amid!-->…
Woodside gets approval for its Scarborough project in Commonwealth waters
Woodside has achieved an important regulatory milestone for its Scarborough gas development offshore Western Australia. The!-->…
NCDMB Sets New Target for NOGOF 2021
By Ndubuisi Micheal Obineme
The maiden edition of the Nigerian Oil & Gas Opportunity Fair (NOGOF) was held in 2017 in!-->!-->!-->…
NNPC to Double Nigeria’s Domestic Gas Supply, Export Fuel by 2023
The Nigerian National Petroleum Corporation (NNPC) has officially announced that it will expand its domestic gas footprint with!-->…
Oil and Gas as an Enabler for Economic Transformation in Sub-Saharan Africa
By Ndubuisi Micheal Obineme
Petroleum Technology Association of Nigeria (PETAN), and Global
Event Partners (GEP), has made it!-->!-->!-->…
Total Service Station Goes Beyond Petroleum Products
By Ndubuisi Micheal Obineme
Total is one of the largest international oil and gas companies in the world involved in Upstream,!-->!-->!-->…
Nigerian Student from LSU looks to bring New Innovations in Africa’s, Oil, Gas Sector
By Ndubuisi Micheal Obineme
Temitayo, a Petroleum Engineering student from Louisiana State University, is working with!-->!-->!-->…
Industry players call for more collaboration between African countries
By Ndubuisi Micheal Obineme
For a very long time, the oil and gas industry has continued to be a fast generating asset for!-->!-->!-->…
UDT EU Conference to Unveil Strategies on Digital Transformation in Upstream Oil and Gas in London
Digital Transformation is a top priority in upstream oil & gas with $1tn of potential efficiencies on offer. Key to making it!-->…