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ExxonMobil pledges 40,000b/d additional oil production in Nigeria

…To add nearly 40,000b/d to country’s output *President Bola Tinubu with ExxonMobil President Liam Mallon Abuja — Exxon Mobil Corp has pledged to grow its production in Nigeria and expand its deepwater production as […]

BW Offshore sells Nigeria’s Abo FPSO for $20 million

*Abo FPSO Lagos — BW Offshore has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million. As part of […]

UK to mobilise $664m FDIs on clean energy into Nigeria

*Executive Secretary of NCDMB, Engr Simbi Wabote (left), and Second Secretary (Political), British High Commission in Nigeria, Mr. Hamish Tye Mkpoikana Udoma Port Harcourt — The UK government is committed to supporting clean, green and sustainable […]

‘France to let fuel retailers sell below cost in inflation fight’

*A woman fills her gas tank at a Super U petrol station in Vertou, France, September 13, 2023. REUTERS/Stephane Mahe. Paris — The French government plans to temporarily lift a ban on retailers selling road […]

LNG Marine XII Project charts course for energy security in Congo

Johannesburg, South Africa — The African Energy Chamber (AEC) (http://www.EnergyChamber.org) firmly supports the recent contract signing between SNPC, Eni Congo, Lukoil, and Eni SPA for the purchase and sale of liquefied natural gas (LNG). This […]

News

Saudi Aramco agrees to purchase Chile’s Esmax

Cairo — Saudi Arabian oil giant Aramco agreed to purchase a Chile’s Esmax Distribución SpA (Esmax) from Southern Cross Group, the company said in a statement on Friday. “The transaction is subject to certain customary […]

US drillers add most oil and gas rigs since November -Baker Hughes

*US rig count News wire — The oil and gas rig count, an early indicator of future output, rose nine to 641 in the week to Sept. 15, its highest since mid-August. Despite this week’s […]

TotalEnergies & Air Liquide collaborate on green hydrogen

*The Gonfrevillle Normandy platform – To decarbonize the Normandy platform Paris –- TotalEnergies and Air Liquide have signed an agreement for the long-term supply of green and low carbon hydrogen to the TotalEnergies refining and […]

OFS providers advocate decarbonizing Angola’s oil & gas operations

*Building decarbonization Luanda, Angola — As the upstream industry undergoes a global shift toward decarbonization, a strategic panel at Angola Oil & Gas 2023 Conference & Exhibition – which is organized by Energy Capital & […]

Berri Oil Field expansion project to double crude processing & production

*Berri Oil Field expansion project. Lagos — Once the expansion of the facilities is completed, this oil field will increase its production from 250,000 bpd of Arab Light crude oil to more than 500,000 bpd, […]