Tag Archive

INEOS to invest £1 Billion in UK

INEOS to invest £1 Billion in UK

March 19, 2019 No Comments

INEOS is to invest £1 billion in the UK in multiple projects designed to ensure its British assets stay world class for a generation. The biggest investment being announced is in the Forties Pipeline System (FPS). This £500 million investment will transform the asset and extend the life of the pipeline by at least twenty […]

New oil and gas discovery in North Sea

New oil and gas discovery in North Sea

March 19, 2019 No Comments

Eni through Vår Energi, jointly owned by Eni (69.6%) and by HitecVision (30,4%) announces an oil and gas discovery in production licence 869 in the North Sea by drilling the exploration well 24/9-14S and a horizontal appraisal well 24/9-14A in the Froskelår Main prospect. Vår Energi AS holds a 20% stake in the licence, while […]

Millennial and Generation Z STEM Talent Are Interested in a Career in the Oil and Gas Industry

Millennial and Generation Z STEM Talent Are Interested in a Career in the Oil and Gas Industry

March 18, 2019 No Comments

The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM Millennials and Generation Zs (Gen Z) interested in pursuing a career in oil and gas, compared to 77% in the technology sector, 58% in life sciences and pharmaceuticals, and 57% in healthcare – […]

SNEPCo’s entry into the offshore exploration in the Gulf of Guinea

SNEPCo’s entry into the offshore exploration in the Gulf of Guinea

March 18, 2019 No Comments

The government partner of the Shell Nigeria Exploration and Production Company (SNEPCo) has showered encomiums on the firm for its pioneering role in the deep-water sector of the Nigerian oil and gas industry. Group Managing Director of NNPC, Maikanti Baru, described SNEPCo as a clear leader in deep water whose performance is exemplary. “SNEPCo is […]

Emerson and Repsol to Form Strategic Alliance

Emerson and Repsol to Form Strategic Alliance

March 13, 2019 No Comments

Emerson (NYSE: EMR), and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to significantly reduce the time to prospect and produce first oil. To achieve this critical industry goal, Emerson will work collaboratively with Repsol to implement and deploy advanced subsurface imaging technologies, with core technologies developed by Repsol […]

BP responds to Financial Times article on methane regulation

BP responds to Financial Times article on methane regulation

March 12, 2019 No Comments

The Financial Times today published an article on BP’s stance on the regulation of methane emissions. BP does not believe the article reflects its commitment to tackling methane emissions nor the extensive actions it is taking across its business. The full statement, below, was provided to the FT before the piece was published. Natural gas […]

Emerson to Support Permian Basin Oil and Gas Producers

Emerson to Support Permian Basin Oil and Gas Producers

March 1, 2019 No Comments

Emerson (NYSE: EMR) today announced the opening of a new $4 million Permian Basin Service Center to bring enhanced oil and gas technologies and services to the fast-growing region. The technology center is the latest investment in Emerson’s efforts to guide customers on their path to digital transformation and train the workforce of the future. […]

Investors Urged to Utilize Nigeria’s $48bn Oil & Gas Investment Opportunities

Investors Urged to Utilize Nigeria’s $48bn Oil & Gas Investment Opportunities

March 1, 2019 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has called on investors to utilize the over $48billion investment opportunities available in the upcoming capital projects within Nigeria’s Oil and Gas Industry. He made this call while speaking at a Panel Session on the topic “Insights on Future Exploration Hotspots: […]

BHP Announce Executive leadership Changes

BHP Announce Executive leadership Changes

February 28, 2019 No Comments

BHP Chief Executive Officer, Andrew Mackenzie, today announced changes to the BHP Executive Leadership Team to reflect BHP’s simplified portfolio and transformation agenda. Joining the Executive Leadership Team are: Geraldine Slattery, President Operations Petroleum Vandita Pant, Chief Commercial Officer Jonathan Price, Chief Transformation Officer Laura Tyler, Chief Geoscientist They join Peter Beaven, Geoff Healy, Mike […]

World HSE Week  in Dubai, UAE.

World HSE Week in Dubai, UAE.

February 27, 2019 No Comments

 Verve Management is excited to host a first of its kind event in the Middle East for the oil & gas industry captioned as World HSE Week scheduled for the 7th to 11th April 2019 in Dubai, UAE. The World HSE Week will consist of a 3-days advanced HSE masterclass from the 7th to the […]

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