Oil and Gas News

Crude oil, being the major source of foreign exchange for the survival of the economy, recorded marginal increase amid…

The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members of…

17.6 Billion Barrels of Oil, 50 Trillion Cubic Feet of Gas​ Secretary Zinke praises scientists at BOEM and USGS who partnered…

…Dispense Free Fuel to Abuja Motorists In a bid to curb diversion of Premium Motor Spirit (petrol) by unscrupulous marketers, a…

The Department of Petroleum Resources (DPR) has approved for the operator of the Otakikpo marginal field in Oil Mining License…

Fugro has been honoured with an Environmental Leadership Award from The Maritime Alliance, a California-based non-profit…

A meeting was held between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the…

ALLENTOWN, Pa., -- PPL Electric Utilities began moving its trucks and equipment as the first step in sending repair crews to…

The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project.…

The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of…

Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, and three other senior engineers…

According to Ventures Onsite Report, the second half of 2017 witnessed contractor awards worth US$31.06 Bn. (as of 15 December) in…

…. Clear Stranded Equipment Containers at the Ports The Nigerian Power industry has achieved yet another national peak of…

Fugro’s role in the expedition to find HMAS AE1 has helped to solve Australia’s oldest naval mystery, 103 years after the First…

A meeting of the group for scientific and technical cooperation between Gazprom and South Korea’s KOGAS took place from December…

A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors…

Statoil, on behalf of the Snorre Unit partners, has submitted a new plan for development and operation (PDO) of the Snorre…

BP have the largest operated renewables business among other oil and gas peers. The company have been producing renewable energy…

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation…

H.E. Muhammadu Buhari, President, Federal Republic of Nigeria to deliver keynotes address  Lagos, Nigeria – 21 December 2017: The…

Members of the Organization of the Petroleum Exporting Countries (OPEC) are said to require investments of about $10.5trillion to…

The Nigerian National Petroleum Corporation (NNPC) has announced that it will build three power plants with 4600MW, in the…

Together with the Project Management and Contractor, the project total costs have also been reduced from the initial USD18…

Aker Solutions won an order from Maersk Drilling to modify the production module on the Mærsk Inspirer jack-up rig for the…

By Ndubuisi Micheal Obineme Wisdom Monday Eyoh is a graduate of Mechanical Engineering from University of Uyo. He…

By Ndubuisi Micheal Obineme The Minister for Petroleum Resources, Dr. Emmanuel Ibe kachukwu, has revealed plans to launch…

Paris – Total announces that it has taken the investment decision for the first large-scale development phase of the Libra…

Aker Solutions won orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway. The company will deliver…

Aker Solutions has secured a framework agreement to provide subsea services for Statoil-operated oil and gas fields offshore…

By Ndubuisi Micheal Obineme Damen is an international shipyard group, operating 33 shipbuilding and repair yards with…