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News Ticker
  • [ March 3, 2026 ] Asia scrambles for LNG as Qatar halts output due to Iran war News
  • [ March 2, 2026 ] Dangote refinery increases petrol price from N774 to N875 News
  • [ March 2, 2026 ] Dawes Island Oil Field secures $109m funding, revives development plan News
  • [ March 1, 2026 ] Nigeria’s oil revenue dips by 25% to N877bn in one month News
  • [ March 1, 2026 ] Nigeria received N269bn in penalties in one year News

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News

TIPRO analysis shows Texas upstream job decline after months of growth

The Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decline in upstream employment in Texas in the month of November following five months of consecutive growth. The TIPRO […]
News

Sercel secures contract to deploy TPS solution for Gulf of Mexico survey

Sercel has announced a contract with a marine geophysical company for the deployment of its Tuned Pulse Source (TPS™), an innovative low-frequency broadband marine seismic source, and the provision of related support services. The geophysical […]
News

Shell oil spill at Bonny Export Terminal threatens local economy

…Floating dead fishes spark environmental concerns  …Company suspends export operations  *The Shell oil spill in Bonny Mkpoikana Udoma Port Harcourt — A massive oil spill at Shell Petroleum Development Company’s loading terminal in Bonny, Rivers […]
News

PETROAN hails Dangote Refinery for reducing PMS price to N899/litre

… Urges NNPCL to follow suit *Fuel dispenser pump Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has hailed Dangote Refinery for reducing the ex-depot price of Premium Motor […]
News

Mermaid Subsea achieves record year for North Sea decommissioning

Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea […]
News

Nigeria approves Shell’s onshore asset sale to Renaissance, signalling new era for local firms

*Shell logo Lagos — The Nigerian government has granted approval to Shell for the sale of $2.4 billion in onshore and shallow-water assets to Renaissance Group, according to a statement by Renaissance. The approval marks […]
News

Seadrill secures Petrobras contract for ultra-deepwater drillship in Santos basin

Seadrill has announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. The contract, awarded by Petrobras, […]
News

Seadrill secures Petrobras contract for ultra-deepwater drillship in Santos basin

Seadrill has announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin, offshore Brazil, following a competitive tender process. The contract, awarded by Petrobras, […]
News

EFCC receives crude-laden vessel from Navy for investigation

*The seized vessel and truck handed over to the EFCC by operatives of NNS Delta in Warri. Mkpoikana Udoma Port Harcourt — The Economic and Financial Crimes Commission, EFCC, has taken custody of a crude-laden […]
News

TechnipFMC awarded substantial subsea contract for Shell’s Bonga North Development in Nigeria

TechnipFMC has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0® production systems for the Bonga North development in Nigeria. The contract covers the design […]

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Recent News

  • Asia scrambles for LNG as Qatar halts output due to Iran war

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    March 3, 2026
  • Dangote refinery increases petrol price from N774 to N875

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    March 2, 2026
  • Dawes Island Oil Field secures $109m funding, revives development plan

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  • Nigeria’s oil revenue dips by 25% to N877bn in one month

    Nigeria’s oil revenue dips by 25% to N877bn in one month

    March 1, 2026
  • Nigeria received N269bn in penalties in one year

    Nigeria received N269bn in penalties in one year

    March 1, 2026
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