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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 […]

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 […]

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, […]

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, […]

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 […]

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 […]

Nigeria’s oil output to increase by 30,000bpd with $315m FPSO

Nigeria’s oil and gas acreage showing OML-83 and OML 85 Mkpoikana Udoma Port Harcourt — Nigeria’s crude oil production is set to increase by 30,000 barrels per day following the launch of a $315 million […]

OPEC appoints Nigerian, Adeyemi-Bero, as chairman, Board of Governors 2025

Oritsegbubemi Omatseyin Lagos — Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr. Ademola Adeyemi-Bero, Nigeria’s Governor for OPEC, as Chairman of the OPEC Board of Governors for 2025. His […]

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NCDMB lauds PETAN, proposes mentorship, empowerment for emerging indigenous companies

Oritsegbubemi Omatseyin Lagos – The Nigerian Content Development and Monitoring Board, NCDMB, has commended the Petroleum Technology Association of Nigeria, PETAN, for its remarkable contributions to the energy industry, and charged it to lead in shaping […]

Elementz appoints board of directors, strengthens subsea software offering

Elementz, a new company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one. Elementz was launched in […]