Blog | MyPetroCareer

Petroleum Ministry, NiPetE partner on local content development

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — The Ministry of Petroleum Resources has secured the support of the Nigeria Institution of Petroleum Engineers, NiPetE, in enhancing its local content development initiative, aimed at driving sustainable growth […]

TotalEnergies’ $9 billion investment offshore Suriname expands Atlantic oil and gas boom

(Bloomberg) – TotalEnergies SE is assembling a fleet of deepwater rigs, support vessels and drilling crews offshore Suriname in the clearest sign yet that it’ll move forward with a historic oil development. Although […]

House vote to block EPA’s tailpipe emissions rule applauded by oil and gas industry trade group

(WO) – The American Petroleum Institute (API) released a statement from Executive Vice President and Chief Advocacy Officer Amanda Eversole applauding the U.S. House of Representatives for protecting American consumers by passing a resolution to […]

Trafigura to announce Richard Holtum as new CEO as soon as next week -FT

Holtum, a former British military officer, has seen a rapid rise at Trafigura since he joined from Glencore in 2014. He currently runs Trafigura’s gas, power and renewables division. A Trafigura spokesperson declined to comment […]

Global refiners face profit slump as new plants come online

The weakness is a further sign of soft consumer and industrial demand, especially in China, because of slowing economic growth and rising penetration of electric vehicles. New refineries coming on stream in Africa, the Middle […]

GEODynamics launches EPIC Flex Orbit Perforating System for wireline operators

(WO) – GEODynamics formally announced the launch of its EPIC™ Flex Orbit Perforating System. EPIC Flex Orbit extends the capabilities of the EPIC Flex suite of solutions. EPIC Flex perforating systems provide fully […]

Oil prices set to end week higher after US rate cut

*Global oil flow. Bengaluru — Oil prices eased on Friday but were on track to register gains for a second straight week following a large cut in U.S. interest rates and declining global stockpiles. Brent […]

New mini seismic system drives multiple new contracts for STRYDE in academia

(WO) – STRYDE has secured six new contracts with leading academic institutions to provide its solutions, including its newest seismic system, “The STRYDE Mini System”, across the US, Europe, and Africa. STRYDE CEO […]

Gaps, questions dog NNPC’s declared profits

*Company admits owing oil traders *Experts allege creative accounting, fraud in NNPC report *Fuel price surges as scarcity bites harder *NNPC Towers, Central Business District, Abuja Chuks Isiwu Lagos — At what it termed a world […]

News

TechnipFMC secures two significant subsea contracts offshore Brazil from Petrobras

(WO) — TechnipFMC has been awarded two subsea contracts by Petrobras for the pre-salt fields offshore Brazil. The first award is a “substantial” contract to design, engineer, and manufacture riser flexible pipe. TechnipFMC […]