Tag Archive

Neste acquires Jacob Engineering’s stake in Neste Jacobs Oy

Neste acquires Jacob Engineering’s stake in Neste Jacobs Oy

September 29, 2017 No Comments

Neste and Jacobs Engineering Group have agreed that Neste acquires the 40% shareholding of Jacobs in Neste Jacobs Oy. After this transaction, Neste holds all shares in Neste Jacobs. “Neste Jacobs is the leading company specializing in process industry technology, engineering and project management services in the Nordic countries. Its global customers include oil, gas […]

Total to Acquire GreenFlex

Total to Acquire GreenFlex

September 20, 2017 No Comments

Total is to acquire GreenFlex, a French company specialized in energy efficiency.    Founded in 2009, GreenFlex is one of the European leaders in its sector, with more than 600 clients. The company is forecasting revenues of more than €350 million in 2017 and employs 230 people. GreenFlex combines data intelligence and equipment management and […]

CNPC and Eni sign a cooperation agreement

CNPC and Eni sign a cooperation agreement

September 13, 2017 No Comments

China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement today in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. The partnership will regard both China and overseas activities. The signing took place in Rome at Eni’s headquarters during a […]

Aminex Submits Ntorya Development Plan

Aminex Submits Ntorya Development Plan

September 6, 2017 No Comments

Aminex announced that a Development Plan for the Ntorya field, located onshore in the Ruvuma Basin, Tanzania has been submitted to the Tanzania Petroleum Development Corporation (‘TPDC’) for approval. The Development Plan is a key step towards obtaining a development licence and the commercialising of the resources from the Ntorya appraisal area which sits within […]

Nigeria positioned for international oil, gas dominance

Nigeria positioned for international oil, gas dominance

August 25, 2017 No Comments

A recent PricewaterhouseCoopers (PwC) report suggests that by end-2019 Nigeria could assume the status of the largest producer of refined petroleum products in Africa. The projection sees Nigerian exports exceed 300,000 bpd by 2019 – up 350 per cent from 2016 production of 65,000 bpd. Source / Read More: guardian.ng Oil and Gas News Undiluted […]

Saipem awarded E&C contract in Kuwait worth US$850m

Saipem awarded E&C contract in Kuwait worth US$850m

August 17, 2017 No Comments

Saipem has been awarded a new contract in the onshore E&C sector worth approximately 850 million USD. Activities involve engineering, procurement, construction and commissioning for the “Feed Pipelines for New Refinery Project (NRP)” in relation to the development of the new Al Zour refinery located in the south of Kuwait. The contract has been awarded […]

BP begin production on Gas projects in Australia and Trinidad

BP begin production on Gas projects in Australia and Trinidad

August 15, 2017 No Comments

Gas projects in Australia and Trinidad are fourth and fifth of seven major projects start-ups BP expects in 2017 BP today confirmed the start of production from another two of the seven Upstream major projects that it expects to come online in 2017. Five of these seven projects have now started up. Juniper in Trinidad […]

International Gas Cooperation Summit (IGCS)

International Gas Cooperation Summit (IGCS)

July 24, 2017 No Comments

A conference taking place in Durban from 9-11 October is set to explore South Africa’s aspirations to build an energy hub for gas cooperation with international partners along the value chain. The International Gas Cooperation Summit evolves from the ‘South Africa: Gas Options’ meetings held in Cape Town in 2015 & 2016. This meeting will […]

IEA sees global gas demand rising

IEA sees global gas demand rising

July 14, 2017 No Comments

The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and industry surpasses the power sector as the largest source of gas demand growth, according to the IEA’s latest market analysis and five-year forecast on natural gas. This evolution […]

Sound Energy Provides Badile Update

Sound Energy Provides Badile Update

July 3, 2017 No Comments

Sound Energy, the African and European focused upstream gas company, provided an update on the drilling of the Badile exploration well, onshore Italy. The Company successfully set the 7″ liner at 4375m and drilled to a total depth of 4472m measured depth. Further significant gas shows (gas chromatography measured C1 to C5) were encountered in […]

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