Blog | MyPetroCareer

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 […]

Angola to unveil incremental production law within two weeks

*ANPG’s Production Director, Rui Afonso speaking at the AEW 2024. Cape Town, South Africa — Angola’s National Oil, Gas and Biofuels Agency (ANPG) has announced that Angola will publish the decree for the Incremental Production […]

ADNOC secures 15-year, 1 mtpa agreement for low-carbon Ruwais LNG project

ADNOC announced today at ADIPEC the signing of the first long-term Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, which is currently under development in Al Ruwais Industrial City, […]

Oando wins ‘Deal of the Year’ over $783m acquisition of NAOC

*Group Chief Executive of Oando Plc, Mr. Wale Tinubu received the ‘Deal of the Year’ award at Africa Energy Week in Lagos. Mkpoikana Udoma Port Harcourt — Oando Plc has been awarded the prestigious ‘Deal […]

ADNOC awards $920 million contract to extend AI-powered well digitalization program

ADNOC announced today the award of an engineering, procurement and construction (EPC) contract to Jereh Oil & Gas Engineering Corporation, worth up to $920 million (AED3.38 billion), to install remote sensing and well-operating equipment at […]

Oil falls as Trump win sends dollar higher

*Oil prices drop. – Brent, WTI fall over 1% as US dollar strengthens– Trump recaptures White House after divisive campaign– US crude oil stocks rise higher than projection, sources cite API London — Oil prices […]