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Oil And Gas
Wood Group and Heerema Signs Memorandum of Understanding
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MoU). The companies will join efforts to…
BP’s Refrigerated LPG site in Grangemouth close to Completion
Amec Foster Wheeler has officially announced that that work is nearing completion on a major new refrigeration plant at BP’s…
Statoil Awarded Licences in Mexico’s Deepwater Round
Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1. The blocks…
Subsea Integration Alliance receives Deepwater Integrated EPCIC Contract
HOUSTON, —Subsea Integration Alliance has receieved the industry’s first deepwater integrated subsea engineering, procurement,…
Petrofac Secures North Sea Contract Extension
Petrofac is set to build on its provision of integrated support services on the Cygnus gas field following the award of a four and…
Suez and Total Partner to Convert Cooking Oil into Biofuel
SUEZ and TOTAL are joining forces to collect and recycle used cooking oil in France. As part of their 10-year partnership, SUEZ…
Total receives Exploration Blocks Contract in Offshore Mexico
Paris - Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep…
BP Starts Drilling on New Carboniferous Prospect in Southern North Sea
BP has started drilling on a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open…
Fugro stops Divestment of its Subsea Services Business in Asia Pacific to Shelf Subsea
Fugro NV (Fugro) has officially announced that it has decided to no longer pursue the divestment of its subsea services business…
South Sudan President to Deliver Keynote Address at Africa Oil & Power 2017
Juba, December 5, 2016 – The Government of the Republic of South Sudan and Africa Oil & Power have agreed to work in…
Nigeria and Morocco Held Talks to Construct a Huge Gas Pipeline Project in Africa
Nigeria and Morocco has signed a bilateral agreement for the construction of a huge gas pipeline in Africa. Both countries want to…
Donald Trump appoints Nigerian, Bayo Ogunlesi into his Economic Advisory Team
New York – The United States President-elect, Donald Trump, has appointed a Nigerian businessman, Bayo Ogunlesi, as a member of…
ExxonMobil appoints New Presidents of its Production & Development Company
IRVING, Texas --Tom Walters, president, ExxonMobil Production Company, has announced his intention to retire after more than 38…
Production Drilling Begins on Mariner field in the UK North Sea
Production drilling has started on the Statoil operated Mariner field in the UK North Sea.
Up to five wells will be drilled before…
Chevron Named Clay Neff as its New President of Africa and Latin America Exploration and Production
SAN RAMON, Calif.---- Chevron Corporation has named Clay Neff president of Chevron Africa and Latin America Exploration and…
BP approves $9 billion Mad Dog Phase 2 Project in the Deepwater Gulf of Mexico
HOUSTON - BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country…
ExxonMobil to Become Red Bull Racing’s Official Fuel and Lubricant Partner
HOUSTON --ExxonMobil has officially announced that it will become the Red Bull Racing Formula 1™ team’s official fuel, lubricant…
Fugro Geoservices receives High-Ranking Industry Award for consistent Health And Safety Achievement
Fugro GeoServices Ltd earns Gold Medal status in 2016 awards run by leading UK health and safety organisation RoSPA (Royal Society…
Government of Canada New Pipeline Plan to Protect the Environment and Grow the Economy
OTTAWA,- A clear message has emerged through our government's extensive consultations with Canadians: the economy and the…
Biogreen Diesel Recognises as Top Producer of Biodiesel in the South African Market
CAPE TOWN, South Africa, -- Based on its recent analysis of the biofuels market, Frost & Sullivan recognises Biogreen Diesel…
Government of Canada Approves Trans Mountain Expansion Project
HOUSTON--Kinder Morgan, has officially announced that the Government of Canada has granted approval for the Trans Mountain…
Baker Hughes, CSL Capital Management and Goldman Sachs’ Agree to Form North American Land Pressure…
HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated, CSL Capital Management and West Street Energy Partners (WSEP), a fund managed…
Prince Rupert Gas Signs Project Agreement with Gitxsan Hereditary Chiefs
HAZELTON, BRITISH COLUMBIA- TransCanada Corporation has officially announced that its Prince Rupert Gas Transmission project…
Weatherford, Halliburton, Schlumberger, Synergy Resources Featured in the Closing Bell of Oil &…
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Statoil receives consent for Exploration Drilling at Johan Sverdrup
Statoil has received consent to drill an appraisal well at Johan Sverdrup. Statoil is the operator of the Johan Sverdrup field, in…
BP to Buys 10% Interest in Egypt’s Zohr Gas Field for $375 million
BP has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas…
Gazprom, Russian Producers Sign Scientific and Technical Cooperation Programs
Two scientific and technical cooperation programs for the period 2016 through 2021 were signed at the Gazprom headquarters, with…
PSA to Investigate Rig Blaze
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire which broke out in an engine room on the…
Shell and Cosan to Strengthen Brazil Sugar, Ethanol and Fuels Distribution Businesses
Shell and Cosan have reached an agreement to strengthen the Raízen joint venture in Brazil, through a change in its contractual…
Statoil Completes Acquisition of Brazilian Offshore Licence BM-S-8
Statoil and Petrobras have completed their previously announced transaction, whereby Statoil has acquired Petrobras’ 66% operated…