Oil and Gas News

Norway’s Statoil ASA will focus exploration on its home turf next year as it seeks more oil and gas to run through existing…

Global Petroleum Show | June 12 – 14, 2018 | Calgary, Canada Global Petroleum Show (GPS) is the most important energy event in…

Reuters are reporting that a surge in speculative interest in the US LNG export boom has pushed open interest in natural gas…

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

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

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

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

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

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

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

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

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

Abu Dhabi, UAE - Growing demand from Asia, and particularly from China, will underpin market growth for liquified 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…

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

By Ndubuisi Micheal Obineme The Total's Egina FPSO project is being undertaken by Korea-based Samsung Heavy Industries (SHI),…

Oil price decline has led to new market opportunity, says CEO Company’s revised strategy turned AED 90.6m (US$24.7m) loss in…

The Nigerian Content Development and Monitoring Board (NCDMB) and the Independent Petroleum Producers Group (IPPG) will…

The Nigerian Content Development and Monitoring Board (NCDMB) has allocated the total sum of $200m (N61.18bn at the official…

Milestone completed at state-of-the-art turbine repair facility in Abu Dhabi Abu Dhabi, UAE – Turbine Services & Solutions…

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…

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

Experts discussed best practices on renewable project development and identified common obstacles for obtaining financing at a…

Chinese Companies Emerges as Global Force Across Exploration and Production, Engineering, Oilfield Services Abu Dhabi, UAE – 8…

Paris - Marie-Noëlle Semeria has been appointed Senior Vice President, Group CTO at Total, effective November 2nd, 2017.…

Abu Dhabi, UAE –  GCC states must increase their investment in value-added oil and gas processing to support sustainable,…

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

Paris - Total and Erg have signed an agreement1 with the Italian Group API to sell their fuel marketing and refining assets in the…

The key themes discussed were the development of the continents’ oil and gas resources, with a focus on exploration, regulatory…

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