Tag: oil and gas industry
Russia’s Lukoil Exits Projects in Cote d’Ivoire
Russian news agencies have reported on Friday that Lukoil, Russia's largest private oil company in the world, exited projects in Cote d'Ivoire, where it...
Cairn Energy Drilling SNE-3 Appraisal Well Offshore Senegal
JV partner FAR reports that the second appraisal well to be drilled on the SNE oil field, 100km offshore Senegal, has been re-entered and will now be...
Tullow: TEN Project Over 80% Complete, CAPEX Reduction in 2016
Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is over 80 percent complete and on schedule for first oil between July and August this...
GAS IS THE BEST BRIDGING FUEL TOWARDS A LOW-CARBON FUTURE, SAYS...
15 December 2015, IGU Forum, Høvik, Norway: The demand for energy is expected to increase by more than 50 per cent by 2050. At...
BP’s Chief Economist Meets Key Government Officials around the Middle East...
Spencer Dale, BP Group Chief Economist, has visited Oman, the United Arab Emirates, Kuwait, and Saudi Arabia and met with senior Government dignitaries and...
Ophir Awards Fugro Offshore Survey Programme In Equatorial Guinea
Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) for the provision of survey services for the development of large scale assets and infrastructure...
ADIPEC Focus on Africa: UAE Emerges As Key Investment Partner
By Margaret Nongo-Okojokwu
The UAE is leading the way in terms of investment in Africa’s oil and gas sector, according to industry experts. Speaking at...
ADIPEC 2015: World’s leading Oil & Gas Event Breaks Industry...
By Margaret Nongo-Okojokwu
Described as the “world’s most influential oil and gas exhibition”, Abu Dhabi was the home of ADIPEC (Abu Dhabi International Petroleum Exhibition...
Lekoil at ADIPEC: Indigenous Companies Can Attract Capital from the Middle...
Olalekan (“Lekan”) Akinyanmi is the Chief Executive Officer of AIM –listed Lekoil (LON:LEK). He has over 20 years’ experience in the oil and gas...
Halliburton to Raise $7.5 Billion to Fund Baker Hughes Acquisition
Services giant Halliburton plans to raise around $7.5 billion in a senior note offering to help finance its proposed takeover of rival Baker Hughes.
Also...
Tanzania: Wentworth Resources Receives First Payment for Mnazi Bay Gas
Wentworth Resources has provided an operational update following first delivery of gas to the pipeline project from its assets near Mnazi Bay, Tanzania.
Highlights:
Gas delivery to...
Tullow Reaches Agreement With Gabon Over Its Licences In The Onal...
Tullow Oil has reached agreement with the Government of Gabon over its licences in the Onal Complex fields. Following negotiations, Tullow has regained its 7.5% stake...
Uganda and Tanzania agree to study possibility of crude oil pipeline
Uganda and Tanzania have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda's Ministry of...
AEG Power Solutions Wins Power Supply Contract for New Deepwater Offshore...
New BT-4000 platform will first operate in Brazil and opens major perspectives on deep water drilling applications
AEG PS selected thanks to the...
RGU to outline energy career pathways at Nigeria and Ghana events
Robert Gordon University (RGU) will host a series of energy and engineering focused seminars in Ghana and Nigeria for prospective students keen to develop...
Cobalt Agrees To $1.75bn Transaction with Sonangol for Angola Blocks
Cobalt International Energy Inc. has announced that it has signed an agreement to sell its entire 40 percent participating interest in blocks 21/09 and...
Eni Discovers ‘Supergiant’ Gas Field Offshore Egypt
Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold a potential of...
Funding Marginal Oil Fields in Africa: ‘Address completion, liquidity risks’, operators...
By Nneka Ezeemo, London
Small and marginal oil fields’ operators in Africa have been called upon to focus on addressing issues of completion and liquidity...
Mart Resources terminates Midwestern transaction
Mart Resources has announced that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under...
Lazarus Angbazo unveils GE Manufacturing Capabilities In Nigeria
GE Oil & Gas is continuously seeking to increase the competitiveness of the solutions for the Nigerian Oil & Gas industry
LAGOS, Nigeria, June 18,...
