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Oil And Gas
Case Study: National Oilwell Varco’s Agitator™ Systems, with 54,000 successful runs Reducing…
The case study below shows how National Oilwell Varco's Agitator™ systems have delivered tens of thousands more successful runs…
Case Study: How Halliburton uses DES to reduce Drilling Time and Operating Costs
With the use of Halliburton's Drilling Engineering Solutions, it has helped operators significantly reduce drilling time and…
GE Oil & Gas expands global footprint with new Sub Saharan Africa facility in Takoradi Port,…
TAKORADI, Ghana, March 22, 2017 - GE Oil & Gas has opened a new facility in Takoradi Port, Ghana, expanding its global…
South Sudan, Equatorial Guinea starts ‘Deep and Lasting Collaboration’ on Oil and Gas
JUBA, South Sudan, March 20, 2017 - South Sudan and Equatorial Guinea officially announced an historic partnership in Juba,…
Additional FCS 3307 Patrol vessel ordered by Homeland for Offshore Operations in Nigeria
Just over a year after it took delivery of the second of two FCS 3307 Patrol vessels, Homeland Integrated Offshore Services…
Shell divests oil sands interests in Canada, worth $7.25 billion
Royal Dutch Shell plc has announced the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada…
Statoil Presents 2030 Climate Roadmap
Statoil’s new climate roadmap details its targets for CO2 emission reductions and improved carbon intensity, energy efficiency as…
Baker Hughes Announces the Industry’s First Adaptive Drill Bit
HOUSTON---- Baker Hughes has officially announced the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver…
Price of gas in Nigeria reaches N3000 in Rivers, Bayelsa, others – says NBS
Efforts and attempts by the Federal Government to promote the consumption of Liquefied Petroleum Gas (LPG) otherwise known as…
Nigeria Petrol price hits N177 per liter – says National Bureau of Statistics
The National Bureau of Statistics in its Premium Motor Spirit (Petrol) Price Watch for the month of February has revealed that…
GE Oil & Gas announces $850M order with Eni and partners for Offshore Cape Three Points Block,…
March 16, 2015 - GE (NYSE:GE) has officially announced the booking of an $850 million order across its Oil & Gas business for…
OPEC Oil Market Report reveals Nigerian Crude oil Output Increased in February 2017
The Organisation of Petroleum Exporting Countries (OPEC) has said that among its member countries, crude oil output increased most…
OPEC Secretary General meets with new Deputy Secretary-General of the UN
OPEC Secretary General, HE Mohammad Sanusi Barkindo, met on March 10th, 2017 with the new Deputy Secretary-General of the United…
Total begins Oil Production from the Moho Nord Deep Offshore Project in Congo
Paris - Total has started up production from the Moho Nord deep offshore project, located 75 kilometers offshore Pointe-Noire in…
Amec Foster wins £60million contract extension for Centrica’s Morecambe Bay assets
Amec Foster Wheeler has been awarded a contract extension by Centrica for its Morecambe Bay onshore and offshore gas production…
Gazprom and Moldovagaz Held Talks on Russian gas supplies to Republic of Moldova
A meeting was held at the Gazprom headquarters between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasile…
Amec Foster wins Brunei Shell Petroleum contract
Amec Foster Wheeler announced today that it has been awarded a major contract by Brunei Shell Petroleum Sdn Bhd (BSP) for the…
Amec Foster wins 6 year contract for a Refinery Integration Project in Al-Zour, Kuwait
Amec Foster Wheeler has been awarded a contract by Petrochemical Industries Company K.S.C. (PIC), a subsidiary of the Kuwait…
Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in 1 year
LAGOS, Nigeria -- Integrated energy group Aiteo has officially announced a peak production of 90kpod just one year after its…
BP opens its First Retail Fuels Site in Mexico
MEXICO CITY - BP has officially opened its first retail fuels site in Mexico as part of its plan to invest in the growing Mexican…
Qatar Petroleum honors 947 of its long-serving employees
Qatar Petroleum gives recognition to 947 long-serving employees. Qatar Petroleum (QP) recently held the second part of the…
ExxonMobil to Acquire 25 Percent Interest in Offshore Mozambique from Eni
IRVING, Texas--ExxonMobil and Eni have signed today a sale and purchase agreement to enable ExxonMobil to acquire from Eni a 25…
Volvo Penta to supply new Stage V solutions in the European Market
One of the world’s leading heavy-duty equipment manufacturers, Kalmar, has chosen Volvo Penta to supply new Stage V solutions for…
Chevron Begins Production at Mafumeira Sul Offshore Angola
SAN RAMON, Calif., – Chevron Corporation has officially announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC)…
Chevron begins Production at Mafumeira Sul, Offshore Angola
SAN RAMON, Calif.---- Chevron Corporation has officially announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited,…
Eni strengthens its presence in the Cyprus Offshore
Eni has announced that it has finalized a farm-in agreement with Total to acquire 50% Participating Interest of Block 11 Offshore…
Credit Agricole to provide Gazprom with a 5 year EUR 700 million loan
Credit Agricole CIB will provide Gazprom with a five-year EUR 700 million loan. The agreement was signed at the Gazprom…
Saudi Aramco and Shell signs a definitive agreements toward separation of Motiva assets
The Hague - Royal Dutch Shell has officially announced the signing of binding definitive agreements between SOPC Holdings East LLC…
Lundin Petroleum spuds appraisal wells on the Edvard Grieg field in the North Sea
Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced…
ExxonMobil to Invest $20 Billion to Expand Manufacturing Capacity in U.S. Gulf Region
HOUSTON-- Exxon Mobil Corporation is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of…