business

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

Safety, job creation: Schneider Electric, Partners Target 300 Electricians

Nigeria’s energy management giant, Schneider Electric in partnership with Agence Francaise de Development (AFD) and the National Power Training Institute…

6 years ago

Fugro awarded multi-annual marine site characterisation project off the German coast

By Dita Sunday Emeka Germany's Federal Maritime and Hydrographic Agency (Das Bundesamt für Seeschifffahrt und Hydrographie (BSH)) has awarded Fugro…

6 years ago

Energy: Siemens unveils data-centric visualisation for City of Cape Town

By Dita Sunday Emeka CAPE TOWN, South Africa, -- As global leaders descend on Cape Town this week to explore…

6 years ago

Cheniere Announces Substantial Completion of Train 2 at the Corpus Christi Liquefaction Project

By Alam John Paul HOUSTON---- Cheniere Energy, announced that Substantial Completion of Train 2 of the Corpus Christi liquefaction project…

6 years ago

ENGIE acquires Mobisol and becomes market leader in the off-grid solar in Africa

By Alam John Paul PARIS, France, -- ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol,…

6 years ago

Gazprom delegation visits China

By Dita Sunday Emeka A Gazprom delegation headed by Alexey Miller, Chairman of the Company's Management Committee, paid a visit…

6 years ago

Alexey Miller and Moldova’s President Igor Dodon held talks on gas cooperation

By Dita Sunday Emeka A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Igor Dodon, President…

6 years ago

Maersk Drilling awarded one-well UK contract by Petrogas

Today, Maersk Drilling announces that it has entered a contract with Petrogas North Sea Ltd. to drill an appraisal well…

6 years ago

NOVATEK Obtains the Soletsko-Khanaveyskoye Field

By Alam John Paul Moscow, PAO NOVATEK announced that Arctic LNG 1, a wholly owned subsidiary, won the auction for…

6 years ago

Fugro’s targeted approach secures second seep hunting success offshore Malaysia

By Alam John Paul Fugro has successfully completed the second of three Malaysian seep hunting and geochemical campaigns for the…

6 years ago

Schneider’s EcoStruxure Accelerating at a Blistering Pace in Major Industries

By Ndubuisi Micheal Obineme Digitalization can improve safety, increase productivity and reduce costs in companies and industries. The era of…

6 years ago

MAP Oil Manufactures Downhole Tools for Deepwater Projects Worldwide

By Ndubuisi Micheal Obineme MAP Oil Tools, a U.S Based manufacturing and engineering company, is providing high quality downhole tools…

6 years ago

UIOGS 2019 to explore Petroleum Exploration, Development and Production Prospect in Uganda

By Ndubuisi Micheal Obineme Due to global interest, demand in the region and in the interest to expand on the…

6 years ago

Shell hits 60 years operation in Nigeria

By Ndubuisi Micheal Obineme In 2018, Shell marked 60 years history in Nigeria playing a key role in onshore, shallow…

6 years ago

Nigeria to increase production to 3 million bpd by 2023

The Nigerian National Petroleum Corporation (NNPC) has set an ambitious target to increase crudeoil production to 3 million barrels of…

6 years ago