Browsing Category
Oil And Gas
“We don’t set the price of oil; the market does.” – Total CEO
Patrick Pouyanné, Chairman of the Board and Chief Executive Officer at Total, a global integrated energy producer and provider, a…
SoCalGas: New Study Advises Policymakers to Consider Renewable Natural Gas for Low-Carbon Buildings…
Replacing 16 percent of natural gas with renewable gas could achieve similar GHG reductions as electrifying 100 percent of…
DOE and SoCalGas funds power-to-gas research project worth $800,000
DOE and SoCalGas Fund Project That Uses Microbes to Convert Carbon Dioxide to Renewable Natural Gas
Lawrence Livermore National…
IOC Commends Nigerian Government, NNPC on improved security
The Federal Government and the management of the Nigerian National Petroleum Corporation (NNPC) have been commended for the…
Notore Oil dreams big over Free Zone developer status
The Free Zone developer’s status granted to Notore Chemical Industries Plc will enable the oil and gas petrochemical industry to…
Transocean Announces One-Year Contract Extension for Henry Goodrich
STEINHAUSEN, Switzerland, -- Transocean Ltd. (NYSE: RIG) has officially announced that the harsh environment semi-submersible…
Pioneer Announces Sale of West Panhandle Assets for $201 Million
DALLAS---- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) has officially announced that it has signed a…
Fuji Oil Uses Honeywell UOP Technology to Increase Production of Aromatics
DES PLAINES, Ill., -- Honeywell (NYSE: HON) has officially announced that Fuji Oil Co., Ltd. has begun using Honeywell UOP's new…
Burns & McDonnell receives $40 Million contract for fuel tank improvements at Naval Base Kitsap
KANSAS CITY, -- The Naval Facilities Engineering Command (NAVFAC) Northwest awarded Burns & McDonnell a $40 million…
Positive IMF Global Growth Forecasts Propel Oil Prices Upwards
Oil prices rose last week, after several significant political and economic developments around the world, including Saudi…
Magellan to expand Western Leg of Texas Refined Petroleum Products Pipeline System
TULSA, Okla., -- Magellan Midstream Partners, L.P. has officially announced that an additional expansion of the western leg of…
Romania’s government pushes state energy companies to finance rising expenditures
The two largest companies held by the Romanian state will pay RON2bn (€430mn, 0.2% of the year's GDP) in dividends to the budget…
Petrofac introduces partner in Mexico
Petrofac Limited ("Petrofac" or "the Company") announces that it has today signed an agreement to sell 49% of the Company's…
BP strengthens its US onshore business, buys world-class unconventional assets from BHP
Acquisition accretive to earnings and cash flow, delivered within existing financial frame.
Company increases dividend for first…
Angola’s Major Deep Offshore Kaombo Project Comes On Stream
Paris – Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32,…
Norway to reach all-time high oil and gas production by 2025
In the medium-term, Norwegian E&P industry is set for output increase, particularly driven by start-up of Johan Sverdrup…
Growth in offshore industry calls for recruitment boom
According to Rystad Energy report, there have been a massive need for recruitment in the offshore space as new projects are being…
Shell secures exploration acreage offshore Mauritania
Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. (“Shell”) has…
ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels
Evaluation supports third phase of development; additional two phases under consideration with potential to produce over…
Remote Medical International acquires HSE Offshore
With the acquisition of HSE Offshore, Remote Medical International will expand its global capabilities in offshore medical and…
Eni Norge receives consent to use Floatel Endurance
Petroleum Safety Authority Norway (PSA) have given Eni Norge (Eni) consent to use Floatel Endurance on the Goliat field.
Due to…
Equinor receives consent to use power from onshore facility – Johan Sverdrup
Petroleum Safety Authority Norway(PSA) have given Equinor Energy (Equinor) consent to use a facility to supply power from onshore…
Equinor receives consent to use Martin Linge B facility
Petroleum Safety Authority Norway (PSA) have now given Equinor consent to use the Martin Linge B facility.
The Martin Linge field…
TSE Petrofac JV secures PMC services contract in Turkey
Petrofac, in a joint venture (JV) with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project…
Equinor receives consent for disposal of the Huldra facility
Equinor has applied to the Petroleum Safety Authority Norway (PSA) for consent to dispose of the Huldra facility. PSA have now…
Baker Hughes, a GE company Reaches Agreement to Sell Natural Gas Solutions Business
LONDON & HOUSTON--- Baker Hughes, a GE company has officially announced an agreement to sell its Natural Gas Solutions (NGS)…
ExxonMobil’s Petroleum-based polymers are widely used in the automotive industry
At a time when fuel efficiency standards are on the rise, plastics are helping cars travel longer distances on less fuel.
For…
Eroton adopts cutting edge technology, creative thinking to reduce oil production cost
Eroton Exploration & Production Company Limited is on an aggressive campaign to ensure a reduction in its oil production cost.…
Total Creates a Digital Innovation Center in India in Partnership with Tata Consultancy Services
Paris/Mumbay – Total and Tata Consultancy Services (TCS) have signed a partnership agreement to create a digital innovation…
OGTAN advocates for inter-agency collaboration to enhance R&D in Nigerian universities
By Ndubuisi Micheal Obineme
Dr. Afe Mayowa, president, Oil and Gas Trainers Association of Nigeria, (OGTAN) and chief executive…