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Uncertainty to dog Nigeria’s oil production in Q4 – Energy Editors

*Oil rig Lagos – The Society of Energy Editors, SEE – a professional association dedicated to promoting excellence in media coverage of the energy sector – has predicted that uncertainty will characterise Nigeria’s oil production […]

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Offshore Energies UK to launch research tool on energy workforce landscape

(WO) – Offshore Energies UK (OEUK) is set to launch a research tool which will provide governments, skills bodies, and the energy industry with enough information to ensure the UK has the right people with […]

TotalEnergies approves $10.5 billion GranMorgu oil project in Suriname

(WO) – TotalEnergies has announced the final investment decision (FID) for the GranMorgu development on offshore Block 58 in Suriname. The decision was made during a meeting in Paramaribo between Patrick Pouyanné, chairman and CEO […]

90% of NNPC’s export revenue from Panama, others

*A general view of the newly rebranded NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Michael Eboh Dublin, Ireland — Despite accusations and concerns of opacity in its operations and finances, […]

OPEC’s crude output fell sharply in September on Libyan disruption

*OPEC+ Newswire — Output from the Organization of Petroleum Exporting Countries slumped by 480,000 bpd to 26.61 MMbpd a day in September, according to a Bloomberg survey. Libyan production plunged by 38% after one of […]

Axis and Brigade merge to create the largest well servicing company in the U.S.

(WO) – Axis Energy Services LLC and Brigade Energy Services LLC jointly announced the closing of an agreement to merge and form the nation’s largest and most innovative well servicing company with the best-trained workforce. […]

NNPC says 3 million barrels daily oil production achievable

Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, has said that ramping up the nation’s crude oil production from the current 1.7 million barrels per day to 3 million barrels per day is […]

ExxonMobil, Seplat deal gets ministerial approval

Mkpoikana Udoma Port Harcourt — President Bola Tinubu on Tuesday announced that the federal government in few days’ time will grant ministerial approval for the ExxonMobil-Seplat divestment deal, marking a significant milestone in his administration’s […]

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FTC bars Hess CEO from joining Chevron board following $53 billion deal on OPEC collusion accusations

(Bloomberg) – U.S. regulators will allow Chevron to move forward with its $53 billion acquisition of Hess but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with […]

U.S. oil and gas workforce shows gradual recovery, Energy Workforce reports

(WO) – The Energy Workforce & Technology Council (EWTC) released the 2024 Workforce Report, developed in collaboration with Accenture. The report provides a detailed analysis of the current state of employment within the energy services […]