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Perenco to invest nearly $2 billion in Africa oil and gas projects

(Bloomberg) – Oil driller Perenco S.A., owned by the billionaire Perrodo family, will concentrate three quarters of its $2 billion investments next year in a handful of African countries as part of a strategy that […]

Perenco to invest nearly $2 billion in Africa oil and gas projects

(Bloomberg) – Oil driller Perenco S.A., owned by the billionaire Perrodo family, will concentrate three quarters of its $2 billion investments next year in a handful of African countries as part of a strategy that […]

Weatherford wins contract with ADNOC to deploy rigless solutions for onshore assets

Weatherford has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC onshore strings, the company announced Thursday. The project is slated to begin in the fourth […]

Group demands stringent laws against oil operators over environmental rights violations

*Ogoni oil spill Mkpoikana Udoma Port Harcourt — The Environmental Defenders Network, EDEN, has called for the introduction of more stringent laws to hold oil operators accountable for their role in environmental degradation and rights […]

Eni, Equinor deals in Nigeria approved after delay

(Bloomberg) – Nigerian regulators approved the sales of units of Eni SpA and Equinor ASA after months of delay as oil majors continue exiting operations in the West African nation. The acquisitions of Eni’s Nigerian […]

Global oil demand to hit 120.1m b/d by 2050 OPEC

*Austrian police officers stand in front of the OPEC headquarters in Vienna, Austria, June 3, 2023. REUTERS/Leonhard Foeger/File Phot. Cape Town, South Africa — Global oil demand is projected to reach 120.1 million barrels per […]

First E&P JV receives Shelf Drilling Rig Achiever at OML 85

Nigeria’s oil and gas acreage showing OML-83 and OML 85 Oritsegbubemi Omatseyin Lagos — The NNPC Limited/FIRST E&P Joint Venture (JV) has announced the arrival of the Shelf Drilling Rig Achiever at the Songhai field […]

Nexos wins HVAC services contract for EnQuest’s UKCS offshore assets

nexos, formerly known as Global E&C, has won an HVAC contract with energy transition operator EnQuest to provide services to their offshore assets in the U.K. Continental Shelf (UKCS). The contract covers the […]

Komolafe refutes claims of N32bn revenue leakage

*Gbenga Komolafe. – Emphasises NUPRC’s transparent framework & investor confidence Oritsegbubemi Omatseyin Lagos — The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has emphasized that claims of a […]

Trump, Congress can advance American energy, says Western Energy Alliance

Western Energy Alliance today congratulated the newly re-elected president Donald J. Trump. The association of western oil and natural gas exploration and production companies also recognized Senator Steve Daines (MT) for his successful chairmanship of the […]