Blog - MyPetroCareer

Nigeria targets multi-billion-dollar hydrogen market with new policy framework

*Participants at the forum. Mkpoikana Udoma Port Harcourt — The Federal Government has taken a bold step to position Nigeria as a key player in the global hydrogen economy, unveiling plans to develop a National […]

Tokyo Gas to shell stake in Eagle Ford shale for $130 million

(Bloomberg) – Tokyo Gas Co. will offload its stake in a Texas shale project, amid scrutiny from activist shareholder Elliott Investment Management, which has called for the utility to streamline its portfolio. The company will […]

Shell suspends production on Nun River-Kolo Creek pipeline over oil spills

*Polluted waters of the Nun River Kolo Creek. Mkpoikana Udoma Port Harcourt — The Shell Petroleum Development Company of Nigeria Limited, SPDC, has confirmed an oil spill from one of its assets in the Obololi […]

Bowman to acquire UP Engineering, expanding oil and gas footprint

Bowman Consulting Group has entered into a definitive purchase agreement to acquire UP Engineering, a San Antonio, Texas-based firm specializing in civil engineering and surveying services. UP serves clients throughout Texas with a focus on […]

‘Petroleum industry contributes 95% of Nigeria’s foreign exchange earnings’

*Crude oil export vessel. Mkpoikana Udoma Port Harcourt — The Permanent Secretary, Ministry of Petroleum Resources, Amb. Nicholas Agbo Ella, has reiterated the critical role of Nigeria’s petroleum industry in the country’s economy, stating that […]

Aramco awards CPA to InflowControl AICV technology for onshore, offshore wells

The CPA awarded to Accell enables Aramco to efficiently procure InflowControl’s patented AICV® technology to support the reduction of unwanted water and increase of net-oil from their onshore and offshore wells. “It has […]

News

BOEM rescinds flawed NTL in a move to protect offshore energy development

National Ocean Industries Association President Erik Milito has issued a statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL No. 2023-G01, Expanded Rice’s Whale Protection Efforts During Reinitiated Consultation with NMFS: […]

Equinor plans sale of onshore assets in Argentina, local news report says

*Equinor Oslo/Buenos Aires — Norwegian oil and gas firm Equinor is looking to sell its onshore assets in Argentina’s Vaca Muerta region, the Mas Energia online publication reported, citing unnamed sources. Equinor has hired Bank […]

UAE’s ADNOC completes $2.84 billion offering of shares in its gas unit

It is the biggest share sale in the Middle East and North Africa (MENA) region since the $12.3 billion follow-on offering by Saudi Aramco in June, and one of the largest in recent years. Parent […]

ConocoPhillips to sell interest in Gulf of Mexico assets to Shell for $735 million

ConocoPhillips will sell its interests in the Gulf of Mexico Ursa and Europa fields to Shell for $735 million, both companies confirmed today. ConocoPhillips continues to work towards a strategy of divesting noncore assets, while […]