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Africa Oil  Third Quarter 2018 Financial and Operating Results

Africa Oil Third Quarter 2018 Financial and Operating Results

November 14, 2018 No Comments

Africa Oil Corp. (“Africa Oil” or the “Company”) announced its financial and operating results for the three and nine months ended September 30, 2018. HIGHLIGHTS: • The Company ended Q3 2018 with cash of $380.1 million and working capital of $371.5 million; • Cash increased by $10.6 million during Q3 2018, primarily due to receiving […]

The best in pressure testing | Patriot International

November 13, 2018 No Comments

The Patriot Internationals range of pressure testing products allow our clients to confidently test open ended and flanged pipework to high pressures. With the range of Flange Weld Tester and GripTight equipment; we can test most configurations, providing a fast and highly efficient method of achieving the desired result. Flange Weld Tester/ Internal Weld Tester […]

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Unlocking Nigerian Hotel Pipeline

Unlocking Nigerian Hotel Pipeline

October 30, 2018 No Comments

The rapid expansion in the number of hotel rooms, or keys as it’s known in the business, in Nigeria is an indication of a growing economy and favourable investment climate says the host of the West African Property Investment (WAPI) Summit & Expo, Kfir Rusin. With more than 9,603 rooms across 57 hotels planned by […]

Jet fuel pipeline to Al Maktoum International Airport on track

Jet fuel pipeline to Al Maktoum International Airport on track

October 29, 2018 No Comments

ENOC Group announced that construction of its 16.2km jet fuel pipeline linking its storage terminals in Jebel Ali to Al Maktoum International Airport in Dubai South has now exceeded 20 per cent. The announcement was made during the 20th Water, Energy, Technology & Environment Exhibition (WETEX). The pipeline is scheduled to be operational in the […]

McDermott Awarded EPC Contract in South Texas

McDermott Awarded EPC Contract in South Texas

October 15, 2018 No Comments

McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract award for CB&I Storage Tanks for the engineering, procurement, fabrication and construction of three external floating-roof tanks in Taft, Texas. “McDermott is the industry leader for superior storage tank solutions in the energy industry,” said Richard Heo, McDermott’s Senior Vice President for North, Central and […]

Oil Pipeline Fire Outbreak at Osisioma, Near Aba, Nigeria

Oil Pipeline Fire Outbreak at Osisioma, Near Aba, Nigeria

October 15, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) Friday in Abuja reported an oil pipeline fire outbreak along the Osisioma axis near Aba Depot in its System 2E pipeline network. The corporation said the incident might have been caused by suspected oil thieves who had hacked into the line to intercept flow of petrol from Port Harcourt […]

Patriot International – Provider of Portable Flange Facing Machines

October 11, 2018 No Comments

Flange Facing Machine(s) from Patriot International offers reliable inner and outer diameter flange facing. The Flange Facing Machine(s) are powered by our pneumatic or electric motors to accurately meet your requirements. Portable Flange Facing Machines We have a variety of portable flange facing machines for 0.75 to 120 inch (1905mm to 3048mm) diameters, for ID […]

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TransCanada to Construct Coastal GasLink Pipeline Project

TransCanada to Construct Coastal GasLink Pipeline Project

October 5, 2018 No Comments

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced that it will proceed with construction of the Coastal GasLink pipeline project (Coastal GasLink) after a decision to sanction the LNG Canada natural gas liquefaction facility in Kitimat, British Columbia (B.C.) was announced earlier today by the joint venture participants of LNG Canada, a consortium comprised of Shell, PETRONAS, […]

NNPC Resort to Contractor-Financing of Pipeline Projects

NNPC Resort to Contractor-Financing of Pipeline Projects

September 19, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has explained why it has resorted to contractor-financing of its pipeline and other facilities development in recent times in the Industry. Delivering the Keynote speech at the Nigerian International Pipeline Technology and Security Conference (NIPITECS 2018) Tuesday in Abuja, the NNPC Group Managing Director, Dr. Maikanti Baru, stated that […]

$139bn bonanza in pipeline for oil services providers in Middle East

$139bn bonanza in pipeline for oil services providers in Middle East

September 11, 2018 No Comments

GCC and global oil services and equipment providers are cashing in on an upswing in capital spending in Middle Eastern oil and gas-producing countries, senior executives have told Arab News . There has been a flurry of deals during the summer, bolstering market sentiment and investment, they said. Steve Connolly, regional managing director for Altrad […]

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