Tag Archive

John S. Watson to Retire From Chevron

John S. Watson to Retire From Chevron

September 28, 2017 No Comments

Michael K. Wirth Named Chairman and CEO of Chevron Chevron Corporation (NYSE: CVX) announced that its Board of Directors elected Michael K. Wirth chairman of the board and chief executive officer, effective February 1, 2018. Wirth, who is currently vice chairman of the board and executive vice president of Midstream and Development, succeeds John S. […]

A bright future for Ugandan oil & gas sector

A bright future for Ugandan oil & gas sector

September 27, 2017 No Comments

The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well. These sentiments were echoed by speakers and delegates attending the Uganda International Oil & Gas Summit in Kampala Uganda. Addressing government officials and delegates, […]

BP begins providing natural gas to Mexico

BP begins providing natural gas to Mexico

September 19, 2017 No Comments

BP Energía México, BP’s natural gas marketing and trading arm in Mexico, has started to deliver approximately 200,000 mmbtu/d of natural gas to industrial users, local distribution companies and independent power producers in eight states in Mexico, making BP one of the first private companies to supply natural gas to the domestic market under the […]

Rosneft Develops Projects in Iraqi Kurdistan

Rosneft Develops Projects in Iraqi Kurdistan

September 18, 2017 No Comments

Rosneft has completed its due diligence on infrastructure of the export oil pipeline in Iraqi Kurdistan (‘KROP”) and will shortly finalise the legally binding documents on oil pipeline project under the Investment Agreement signed at St. Petersburg International Economic Forum in June 2017. The Kurdistan Regional Government of Iraq and the Company intend further strengthen […]

NNPC Resolves to Meet 2019 Refineries Revamp Target

NNPC Resolves to Meet 2019 Refineries Revamp Target

September 13, 2017 No Comments

In line with the Presidential mandate of rehabilitating the nation’s three refineries, the Nigerian National Petroleum Corporation has inaugurated eight committees charged with returning the refineries to their nameplate capacities by the year 2019. While inaugurating the committees on Tuesday, Group Managing Director of the Corporation, Dr. Maikanti Baru, charged them to deploy “out of […]

Wood Group’s Ichthys LNG development contract

Wood Group’s Ichthys LNG development contract

September 8, 2017 No Comments

Wood Group has secured a new, five-year contract with INPEX Operations Australia Pty Ltd (‘INPEX Australia’) to provide subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia. The operations of all subsea assets and the gas export pipeline will be supported under the contract which includes two, one-year extension […]

Saipem Awarded Contract by Eni Angola

Saipem Awarded Contract by Eni Angola

August 31, 2017 No Comments

Eni Angola S.p.A. has awarded Saipem work orders in relation to the West Hub Development project as an addition to those previously assigned during 2016 and 2017. The work, which will be performed by the E&C Offshore division, encompasses the construction and subsequent installation in deep waters of umbilicals, risers and flowlines (Deep Water SURF) […]

Shell starts production at Gbaran-Ubie Phase 2 in Nigeria

Shell starts production at Gbaran-Ubie Phase 2 in Nigeria

August 23, 2017 No Comments

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region. Phase 2 follows the success of the first phase of the Gbaran-Ubie integrated oil and gas development, which was commissioned in June 2010. Peak production of around 175,000 barrels of […]

NNPC unveils plans to expand gas generation

NNPC unveils plans to expand gas generation

August 11, 2017 No Comments

Pledges Support to FG’s Aspiration to Generate 10GW of Electricity In its bid to support the Federal government’s aspiration to increase power generation to 10GW, the Nigerian National Petroleum Corporation (NNPC) has unveiled plans to expand gas generation and distribution nationwide. NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this when a delegation of the […]

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 […]

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