Tag Archive

NNPC to Collaborate against Oil Theft

NNPC to Collaborate against Oil Theft

August 18, 2017 No Comments

Nigerian National Petroleum Corporation (NNPC) has pledged support to the Presidential Committee on Harmonised Standard Operating Procedures on Arrest, Detention and Prosecution of Vessels and Persons in Nigeria’s Maritime Environment (HSOP) to tackle the menace of oil theft and other criminal activities in the nation’s waters. The Group Managing Director of NNPC, Dr. Maikanti Baru, […]

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 […]

Recommended all-share offer by Wood Group PLC for Amec Foster Wheeler plc

Recommended all-share offer by Wood Group PLC for Amec Foster Wheeler plc

August 16, 2017 No Comments

The CMA has accepted in principle the remedy formally offered by Wood Group on 9 August. The remedy consists of the majority of Amec Foster Wheeler’s UK upstream oil and gas business located in the UK and serving UK customers (excluding its commissioning business, qedi) as outlined in the Wood Group Prospectus and the Amec […]

DNO Reports Payment from the Kurdistan Regional Government

DNO Reports Payment from the Kurdistan Regional Government

August 15, 2017 No Comments

DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 39.59 million from the Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market from the Tawke license. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 33.21 million towards monthly deliveries […]

Chinese banks committed to oil, gas investments in Nigeria

Chinese banks committed to oil, gas investments in Nigeria

August 14, 2017 No Comments

Chinese banks have made commitments to offer financial support for oil and gas investments in Nigeria. Maikanti Baru, the Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC) said this in Abuja, on Friday according to media reports. Baru reportedly said China had contributed 250 million U.S. dollars for project development at a recent […]

Topaz Energy and Marine Awarded $100 million Dragon Oil Contract

Topaz Energy and Marine Awarded $100 million Dragon Oil Contract

August 9, 2017 No Comments

Topaz Energy and Marine (“Topaz”), a leading offshore support vessel (“OSV”) company, announced a new $100 million contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC) whose principal asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. Under the terms of […]

Total and CNOOC support Uganda’s International Oil & Gas Summit

Total and CNOOC support Uganda’s International Oil & Gas Summit

August 9, 2017 No Comments

Total and CNOOC Limited have confirmed their support for the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017 partnering as lead sponsors and co-hosts to the event when it returns 27-28th September at the Hotel Serena, Kampala. Hosted in 2016 by President Yoweri K Museveni alongside Hon. Minister of Energy and Minerals Development of […]

ION expands 2D data library

ION expands 2D data library

August 9, 2017 No Comments

ION Geophysical Corporation (NYSE: IO) announced acquisition is in progress on a new 2D multi-client program offshore Panama. Supported by industry funding, this is the first seismic survey acquired there in approximately 30 years. PanamaSPAN™ is designed to provide the framework to evaluate the hydrocarbon potential of this unexplored area ahead of the anticipated inaugural […]

Petrofac partners with Energy Institute

Petrofac partners with Energy Institute

August 9, 2017 No Comments

Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry. Under the terms of the agreement, Petrofac will conduct interviews and deliver a workshop with several international Operators, industry bodies and regulators. The purpose of these […]

Gabon Midstream Oil and Gas Industry Outlook to 2021

August 9, 2017 No Comments

“Gabon Midstream Oil and Gas Industry Outlook to 2021: Market Forecasts for Oil Storage and Pipelines” is a comprehensive report on midstream oil and gas industry in Gabon. The report provides oil production, consumption and exports from 2000 to 2020. The report also provides natural gas production and consumption from 2000 to 2020. It also […]

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