Oil and Gas Companies

Hungarian Government to buy Nigerian crudeoil and LNG

At a time that international crude oil market is getting more competitive, the Hungarian Government has indicated interest to purchase…

8 years ago

NIPS 2018 to address Nigeria’s potential to become international gas hub

By Ndubuisi Micheal Obineme An event taking place in Nigeria from 19th – 23rd February 2018 is set to explore…

8 years ago

African energy ministers to meet Private Sector players at NIPS to discuss key oil and gas projects in the continent

By Ndubuisi Micheal Obineme From 19th – 23rd February 2018, Africa ministers in charge of petroleum and energy, chief executives…

8 years ago

Lumos deploys its 60,000th Y’ello Box to provide electricity across Nigeria

The Lumos service is combining the power of the sun and your MTN mobile phone to bring a new type…

8 years ago

BBOXX, Pan Africa Solar partners to electrify rural communities in Nigeria

Two off grid projects were recently announced in Nigeria, one consisting of a partnership between Pan Africa Solar and BBOXX…

8 years ago

Total begins oil production on the giant Libra field, offshore Brazil

Total announces first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the…

8 years ago

Maersk Drilling signs five years alliance agreement with Aker BP

Maersk Drilling has entered into a jack-up alliance agreement with Aker BP ASA (Aker BP). The alliance is founded on…

8 years ago

Damen launches New Fishery Research Vessel for Angola

Damen Shipyards Galati launched a Fishery Research Vessel (FRV) 7417 for the Angolan Ministry of Fisheries. The sponsor of the…

8 years ago

Aker Solutions to Provide Umbilicals for Three Offshore Norway Field Developments

Aker Solutions won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The…

8 years ago

Germany backs renewable energy projects in Africa

Germany backs renewable energy projects in Africa with the launch of RLSF - an innovative liquidity facility managed by ATI…

8 years ago

GE to upgrade Azito Power Plant in Ivory Coast, helping the country to meet its electricity needs

GE’s Power Services business has announced that it has signed an agreement with Azito Energie  to upgrade two gas turbines…

8 years ago

ADIPEC 2017: Businesses Urged to be ‘Radical’ in How They Organise Their Defences

Abu Dhabi, UAE –  Energy is overtaking banking and finance as a target for cyber-criminals in the Middle East, yet…

8 years ago

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…

8 years ago

OPEC World Oil Outlook Forecasts Oil Will Supply 27% of World’s Energy Needs in 2040, Natural Gas 25%

The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over…

8 years ago

Ecobank Group Launches Fixed Income, Currency and Commodities (FICC) Guidebook

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on…

8 years ago

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), with LADOL…

8 years ago

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…

8 years ago

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 collaborate to deepen Local…

8 years ago

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 exchange…

8 years ago

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 (TS&S), wholly…

8 years ago

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…

8 years ago

Site Visit: Nigerian industry professionals visits ExxonMobil’s Training Centre in Akwa Ibom State

By Ndubuisi Micheal Obineme ExxonMobil is achieving industry-leading support throughout Nigeria by maintaining a focus on the fundamentals, selectively investing…

8 years ago

COP23: Biggest challenges facing Africa is the lack of bankable projects, experts says

Experts discussed best practices on renewable project development and identified common obstacles for obtaining financing at a “Private sector engagement:…

8 years ago

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 November 2017…

8 years ago

Nigeria Mining Week in Abuja reignites enthusiasm for industry’s potential and future

“The improvement in Brand Nigeria in the international mining space” “Not only a landmark achievement but an encouragement for the…

8 years ago

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, long-term…

8 years ago

World Bank report proof President Buhari administration’s reforms are working, says VP Osinbajo

ABUJA, Nigeria,  -- The Vice President of Nigeria, Professor Yemi Osibajo, says that presidency will make dramatic policy changes in…

8 years ago

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…

8 years ago

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…

8 years ago

Africa’s oil & gas industry needs to ‘learn to leapfrog’ and harness innovation and technology to stay ahead of the competition: PwC Oil & Gas review

JOHANNESBURG, South Africa, November 1, 2017/ -- The oil & gas industry in Africa continues to face market challenges arising…

8 years ago