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NNPC Assures of Adequate Supplies of Petroleum Products Despite Pipeline Vandalizion

NNPC Assures of Adequate Supplies of Petroleum Products Despite Pipeline Vandalizion

December 22, 2018 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of adequate petroleum products supply in Lagos and its environs despite a fire outbreak which occurred in a portion of the vandalised NNPC pipeline at Abule Egba in Lagos. A release today in Abuja by NNPC Group General Manager, […]

Canadian government announces support for workers in oil and gas sector

Canadian government announces support for workers in oil and gas sector

December 20, 2018 No Comments

The Government of Canada announced more than $1.6 billion to support jobs and workers in Canada’s oil and gas sector, as Canada seeks to diversify export markets for its resources beyond the United States. These measures will support workers and their families, foster competitiveness and improve the long-term environmental performance of the oil and gas […]

Shale Under Pressure As Oil Falls Below $50

Shale Under Pressure As Oil Falls Below $50

December 18, 2018 No Comments

The OPEC+ cuts still are not doing very much to boost oil prices, dashing hopes for many U.S. shale producers. With companies in the process of formulating their budgets for 2019, the prospect of $50 oil sticking around raises questions about the heady production figures expected from the shale patch. The IEA expects U.S. oil […]

Wood Awarded Major pipeline Contract

Wood Awarded Major pipeline Contract

December 5, 2018 No Comments

Wood has been awarded a $43 million (USD) contract by a large-cap midstream company to construct 80 miles of steel pipeline in west Texas. The project will serve to transport natural gas liquids (NGL) across Texas. At peak construction, the project is anticipated to employ 200 people. Andrew Stewart, CEO of Wood’s Asset Solutions Americas […]

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 […]

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