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Oil And Gas
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…
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…
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…
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…
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…
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…
PwC releases Latest Outlook for Africa’s oil & gas industry
As the oil price is steadily rising towards pre-collapse levels, the outlook for the industry is hopeful
JOHANNESBURG, South…
Total and Sempra Energy sign MOU to develop North American LNG Export Projects
SAN DIEGO and PARIS, – Sempra Energy and Total S.A. has entered into a Memorandum of Understanding (MOU) that provides the…
Considerable investments needed to maintain Nigeria’s production levels
Following oil production disruptions still periodically affecting the country’s output, Nigerian oil and condensate production…
12th Gabon Shallow and Deep Water Licensing Round Announced
The Republic of Gabon has officially announced the opening of 12th Shallow and Deep Water Licensing Round of open blocks, at the…
Ghana is currently our main focal point in West Africa – Maersk Drilling
By Ndubuisi Micheal Obineme
Maersk Drilling, based in Copenhagen, Denmark, is a leading rig operator in the oil and gas industry,…
Shale gas production in Pennsylvania surpasses 17 billion cfpd
Pennsylvania Department of Environmental Protection (PA DEP) published preliminary oil and gas well production data for August…
Shell adds new deepwater production in Brazil
New deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through…
Nord Stream 2: Gas pipeline tensions mark Polish president’s visit to Berlin
By Ruppert Mayr, dpa
Berlin - Polish President Andrzej Duda has reiterated his warning to Germany over the controversial Nord…
Dangote Refinery project to boost activities in downstream – LCCI
NEW YORK, United States of America, -- The President, Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase has…
WAIPEC set to lay a strong foundation for the Nigerian Content by 2019
By Ndubuisi Micheal Obineme
The 3rd West African International Petroleum Exhibition and Conference (WAIPEC) 2019 is set to lay a…
Shell agrees to sell Upstream Interests in Denmark to Noreco for $1.9 billion
Royal Dutch Shell, through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian…
Nigeria gears up to be ‘The Oil & Gas Hub in Africa’ with WAIPEC setting the stage…
By Ndubuisi Micheal Obineme
WAIPEC, the leading event for Sub Saharan Africa with representation from Nigeria, Ghana, Côte…
Damen Maaskant Shipyards Stellendam celebrates 70 years, bids farewell to director Frits van Dongen
On Saturday 13 October a party was held at Damen Maaskant Shipyards Stellendam (DMSS) to mark three key events; the 70th…
EGINA FPSO, Positioning Nigerian Content on the Spotlight
By Ndubuisi Micheal Obineme
Total’s Egina FPSO is a testimony for the Nigerian Local Content to the fact that large deepwater…
TGS and Schlumberger to embark on a new Multiclient Seismic Project in US Gulf of Mexico
ASKER, NORWAY and HOUSTON, —TGS and Schlumberger has officially announced a new multiclient nodal seismic project in the U.S. Gulf…
Maersk Intrepid awarded a 5-month contract on the Martin Linge field
Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge…
Subsea 7 awarded contract offshore Ghana
Subsea 7 S.A. (the Group) has been awarded a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water…
Johan Sverdrup powered from shore without the use of fossil fuels
The Norwegian Minister of Petroleum and Energy, Kjell-Børge Freiberg, officially opened the power-from-shore solution which will…
Saudi Aramco and Total to Build a Giant Petrochemical Complex in Jubail
Dhahran/Paris, – Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief…
Aker Solutions Wins Subsea Order for Libra’s Mero Field Offshore Brazil
Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1…
Aker Solutions to Provide Brownfield Services for BP in Angola
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for…
Oranto Petroleum launches the Construction of Two Schools in Yirol and Rumbek, South Sudan
Estimated at over US$800,000, the project for the construction of the schools will be executed by local construction company…
U.S. shale on track to deliver 1.5 million bbl/d oil growth in 2018
Tight oil production in the United States has been growing steadily over the past years, and the volumes from horizontal wells are…
Gastech set to lay a strong foundation for the 2019 event in Houston
Gastech 2018, the global exhibition and conference at the forefront of the international gas and LNG industries, which was this…