business

2020 budget: N127b is Grossly Inadequate for the Power Sector

By Ikenna Omeje In the last 59 years existence of Nigeria as an independent state, power generation, transmission, and distribution…

6 years ago

Porsche introduces online car sales in Germany

Stuttgart, Germany - German sports car manufacturer Porsche has begun online sales of its vehicles, which had previously been available…

6 years ago

Percepto Drone-in-a-Box Shortlisted for Prestigious Security Technology Innovation of the Year Award

Percepto, the global market leader for autonomous industrial drone solutions, has revealed its Drone-in-a-Box (DIB) solution is a finalist for…

6 years ago

OTL AFRICA 2019: FG Promises Bigger Plans, Transparent Policies for Development of Downstream Petroleum Sector

By Ndubuisi Micheal Obineme The Nigerian Federal Government has once again reiterated its commitment to repositioning the downstream petroleum sector…

6 years ago

OTL Africa 2019 builds momentum on ‘Innovation and Technology’ for Downstream Petroleum Industry

By Ndubuisi Micheal Obineme Over thirteen years, the Oil Trading & Logistics Africa Downstream Week have been creating a platform…

6 years ago

Ocean CEOs to Convene at Sustainable Ocean Summit 2019 in Paris

The WOC Ocean Executive Forum will assemble a unique, cross-sectoral panel of Senior Executives at the 2019 Sustainable Ocean Summit…

6 years ago

GÉANT Network: Moving mountains of data across the world

Have you ever wondered how mountains of data, collected in fields from particle accelerator physics to arts and culture, are…

6 years ago

Damen FCS 3307 Patrol vessels for Homeland arrive in Nigeria

The latest additions to the modern and diverse fleet operated by Homeland Integrated Offshore Services (Homeland IOS Ltd) have arrived…

6 years ago

OTL AFRICA 2019: INNOVATION, TECHNOLOGY IN FOCUS AS GLOBAL DOWNSTREAM OIL PLAYERS CONVERGE

Global players in the downstream petroleum industry will converge in Nigeria for the 13th Oil Trading and Logistics (OTL) Africa…

6 years ago

Maersk Drilling awarded three-well drillship contract by POSCO International

Maersk Drilling has secured a contract for the 7th generation drillship Maersk Viking which will be employed by the POSCO International…

6 years ago

Local content development is an important part of our operations – Morten Kelstrup

By Ndubuisi Micheal Obineme Morten Kelstrup, Chief Operating Officer of Maersk Drilling, has said that local content development is a…

6 years ago

Maersk Drilling establishes strong partnerships for its global operations

By Ndubuisi Micheal Obineme Maersk Drilling, a drilling rig operator based in Copenhagen, is working closely with industry players to…

6 years ago

Morten Kelstrup Interview: Analysing our Operational Records Globally

Mr. Morten Kelstrup talks with Ndubuisi Micheal Obineme of Oil and Gas Republic on how technology combined with new business…

6 years ago

Maersk Drilling develops new Business Model and Technologies to reduce cost, boost production for deepwater projects

By Ndubuisi Micheal Obineme Maersk Drilling, a drilling contractor, specialized in operating under the most challenging conditions is leading the…

6 years ago

Leading tech firms, experts brainstorm at Schneider Electric’s Innovation Day 2019

LAGOS, 10 October. Experts in technological innovations, automations and energy management met at Schneider Electric’s Innovation Day, which held at…

6 years ago

Chief Sylva launches ‘Operation White Project’ to Strengthen Energy Security in Nigeria

The Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva has formerly launched the Operation White Project aimed at…

6 years ago

German research vessel finds ice floe for drift through Arctic

Bremen, Germany - The German research vessel Polarstern has found a suitable ice floe to start a year-long drift through the…

6 years ago

OPEC, GECF sign MoU to strengthen cooperation

Moscow, - The Secretaries General of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum…

6 years ago

President Yoweri Museveni to Address Delegates at UIOGS 2019

His Excellency, President Yoweri K. Museveni has confirmed his participation in the 5th Uganda International Oil & Gas Summit (UIOGS)…

6 years ago

Maersk Drilling gets new management teams as Angela Durkin step down

To accelerate the drive for end-to-end service delivery and operational efficiency Maersk Drilling is integrating the Operations, Commercial and Technical…

6 years ago

Maersk Drilling’s low-emission rig gets six-month extension from Equinor

Today, Maersk Drilling announces that Equinor has exercised two options of two months each for the Maersk Intrepid jack-up rig…

6 years ago

Saudi Aramco completes acquisition of Shell’s share of the SASREF refining joint venture

Today, Saudi Arabian Oil Company has completed the acquisition of Shell Saudi Arabia (Refining) Limited’s (Shell) 50% interest in the…

6 years ago

REGISTER NOW: Production Sharing Contracts Course

Nicosia: 22 – 24 Oct 2019 (Mod 1) Houston: 2 – 6 Dec 2019 (Mod 1 & 2) The Production…

6 years ago

Training: Production Sharing Contracts and International Petroleum Fiscal Systems

Start: 22 Oct 19 / 02 Dec 19 End: 24 Oct 19 / 06 Dec 19 Venues: Nicossia / Houston…

6 years ago

Saudi’s oil production reduces by drone strikes

Saudi Arabia's oil production has been severely disrupted by drone attacks on two major oil facilities run by state-owned company…

6 years ago

Nigeria LPG Summit 2019: Harmonizing Development And Growth In Nigeria And Africa

Did you know Nigerians consumed 600,000MTPA of LPG in 2018? This makes up just 5% of the total households in…

6 years ago

SAIPEC 2020 Special Report: “Innovation, collaboration and local content key drivers in Sub-Saharan Africa oil and gas industry”

Industry players from NOC’s and IOC’s are looking at further collaboration, innovation and best practices across Sub-Saharan Africa. To achieve…

6 years ago

NOVATEK Signed MOU with H-Energy

By Kalu Emmanuel Chidubem Vladivostok - During the Eastern Economic Forum in Vladivostok, PAO NOVATEK and H-Energy Global Ltd, India,…

6 years ago

Newmont Goldcorp’s Ahafo Mill Expansion in Ghana Processes First Ore

By Kalu Emmanuel Chidubem Newmont Goldcorp Corporation has announced that the Ahafo Mill Expansion (AME) project in Ghana successfully processed…

6 years ago

Equinor, partners starts production from the Snefrid Nord gas field

By Dita Sunday Emeka On 1 September Equinor and its partners started production from the Snefrid Nord gas field, the…

6 years ago