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…
Browsing Tag
Oil and Gas Companies
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 a unique…
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…
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…
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…
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 at the…
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 companies in…
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…
OPEC World Oil Outlook Forecasts Oil Will Supply 27% of World’s Energy Needs in 2040, Natural Gas…
The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two…
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…
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),…
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…
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…
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…
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…
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 the first-ever…
Site Visit: Nigerian industry professionals visits ExxonMobil’s Training Centre in Akwa Ibom…
By Ndubuisi Micheal Obineme
ExxonMobil is achieving industry-leading support throughout Nigeria by maintaining a focus on the…
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…
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…
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…
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,…
World Bank report proof President Buhari administration’s reforms are working, says VP…
ABUJA, Nigeria, -- The Vice President of Nigeria, Professor Yemi Osibajo, says that presidency will make dramatic policy changes…
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 refining assets in the…
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…
Africa’s oil & gas industry needs to ‘learn to leapfrog’ and harness innovation and technology…
JOHANNESBURG, South Africa, November 1, 2017/ -- The oil & gas industry in Africa continues to face market challenges arising…
A Catalyst for Change, OGCI announces three investments in low emissions technologies
LONDON, UK, – The Oil and Gas Climate Initiative (OGCI) announces its first three investments, moving forward the organization’s…
Aker Solutions Strengthens LNG Capabilities as Demand Increases
Aker Solutions has hired four leading specialists with extensive experience from executing more than 30 LNG projects…
Oil and Gas Professionals Find Global Meeting Point in Abu Dhabi
Abu Dhabi, UAE – This year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will give oil and gas…
Biggest Non-OPEC Oil Producers Look to Abu Dhabi for New Business
Abu Dhabi, UAE – Leading companies from the largest oil producing region outside OPEC, the Commonwealth of Independent States…
Kosmos Energy Acquires Hess Corp. Assets in Equatorial Guinea
The assets of Hess Corporation (NYSE: HES) (www.Hess.com) in Equatorial Guinea will be acquired by Kosmos Energy (NYSE: KOS)…