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Oil And Gas
China Close to Becoming Second-Largest LNG Importer, After Japan
Abu Dhabi, UAE - Growing demand from Asia, and particularly from China, will underpin market growth for liquified natural gas…
OPEC World Oil Outlook Forecasts Oil Will Supply 27% of World’s Energy Needs in 2040, Natural Gas…
The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two…
Key dynamics revolutionising Nigerian local content took centerstage at Total’s Egina FPSO
By Ndubuisi Micheal Obineme
The Total's Egina FPSO project is being undertaken by Korea-based Samsung Heavy Industries (SHI),…
ADSB successfully expands into oil and gas industry despite low oil prices
Oil price decline has led to new market opportunity, says CEO
Company’s revised strategy turned AED 90.6m (US$24.7m) loss in…
PNC 2017: NCDMB to form alliance with indigenous oil producers in Nigeria
The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Petroleum Producers Group (IPPG) will…
PNC 2017: NCDMB allocates $200 million for local content development in Nigeria
The Nigerian Content Development and Monitoring Board (NCDMB) has allocated the total sum of $200m (N61.18bn at the official…
TS&S completes first full overhaul on Siemens Industrial Trent in Abu Dhabi
Milestone completed at state-of-the-art turbine repair facility in Abu Dhabi
Abu Dhabi, UAE – Turbine Services & Solutions…
ADNOC to issue the first-ever IPO as part of its 2030 strategy plan
H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, has announced ADNOC’s intention to issue the first-ever…
Site Visit: Nigerian industry professionals visits ExxonMobil’s Training Centre in Akwa Ibom…
By Ndubuisi Micheal Obineme
ExxonMobil is achieving industry-leading support throughout Nigeria by maintaining a focus on the…
Chinese Oil and Gas Industry is Big Business in Abu Dhabi
Chinese Companies Emerges as Global Force Across Exploration and Production, Engineering, Oilfield Services
Abu Dhabi, UAE – 8…
Total appoints new Senior Vice President, Group CTO, Marie-Noëlle Semeria
Paris - Marie-Noëlle Semeria has been appointed Senior Vice President, Group CTO at Total, effective November 2nd, 2017.…
GCC States Must Add Value to Their Oil Wealth, Says Kuwaiti Business Leader
Abu Dhabi, UAE – GCC states must increase their investment in value-added oil and gas processing to support sustainable,…
World Bank report proof President Buhari administration’s reforms are working, says VP…
ABUJA, Nigeria, -- The Vice President of Nigeria, Professor Yemi Osibajo, says that presidency will make dramatic policy changes…
Total sells its fuel assets in Italy, focuses on its lubricants business
Paris - Total and Erg have signed an agreement1 with the Italian Group API to sell their fuel marketing and refining assets in the…
Africa unites to attach investment at Africa Oil Week in Cape Town
The key themes discussed were the development of the continents’ oil and gas resources, with a focus on exploration, regulatory…
Africa’s oil & gas industry needs to ‘learn to leapfrog’ and harness innovation and technology…
JOHANNESBURG, South Africa, November 1, 2017/ -- The oil & gas industry in Africa continues to face market challenges arising…
A Catalyst for Change, OGCI announces three investments in low emissions technologies
LONDON, UK, – The Oil and Gas Climate Initiative (OGCI) announces its first three investments, moving forward the organization’s…
Oil and Gas Professionals Find Global Meeting Point in Abu Dhabi
Abu Dhabi, UAE – This year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will give oil and gas…
Biggest Non-OPEC Oil Producers Look to Abu Dhabi for New Business
Abu Dhabi, UAE – Leading companies from the largest oil producing region outside OPEC, the Commonwealth of Independent States…
Kosmos Energy Acquires Hess Corp. Assets in Equatorial Guinea
The assets of Hess Corporation (NYSE: HES) (www.Hess.com) in Equatorial Guinea will be acquired by Kosmos Energy (NYSE: KOS)…
Hess resolves tax issues with Equatorial Guinea on Ceiba and Okume oilfields
The Ministry of Mines and Hydrocarbons of Equatorial Guinea (http://MMIE.gob.gq), Hess Corporation (http://www.Hess.com) and its…
East Africa’s energy potential comes alive in Kenya
Summary: 2nd Annual Power Tech Africa on 22nd – 23rd January, 2018 at Villa Rosa Kempinski, Nairobi – Kenya to delve into ongoing…
NIGERIA HOSTS GLOBAL DOWNSTREAM OIL PLAYERS WITH NEW OPPORTUNITIES IN FOCUS
The key players in the global downstream oil and gas industries will converge in Nigeria from 22 to 25 October for the 11th Oil…
Shell & MOH Aviation starts supplying jet fuel to Bulgaria’s largest airport
Sofia, Bulgaria – Shell & MOH Aviation, a JV company between Shell Overseas Holdings Ltd and Motor Oil (Hellas) Corinth…
Sonangol and oil operators meet President of Angola
The meeting follows a statement issued by the operators to the President of the Executive, who have identified several matters…
Total reinforces its exploration activities in West Africa, Guinea
Paris, – Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and…
Total introduces cheaper gas and power distribution tariffs in France
Paris, — Total is expanding in the residential gas and power distribution market in France with the introduction of Total Spring,…
Renewed Interest in Africa’s Downstream as Europe, Asia and South America set to storm OTL Africa…
Buoyed by the boom and impressive return on investments currently being experienced in downstream oil and gas across Africa,…
Aker Solutions Wins Troll FEED Contract With EPCI Option From Statoil
Aker Solutions won a contract from Statoil for front end engineering and design of a module that will increase output at Troll,…
Total signs agreement with Chevron on exploration in deepwater Gulf of Mexico
Paris, - Total announces that its subsidiary, TOTAL E&P USA, INC. (“Total”), has entered into an agreement to capture 7…