Blog - MyPetroCareer

Oil prices ease as traders assess US tariffs and OPEC+ output boost

*OPEC+ – OPEC+ to raise production by 548,000 barrels per day for August– Markets unsettled by uncertainty over Trump tariffs– Brent could fall to $65 in autumn months, says Commerzbank London — Oil prices retreated […]

NNPC Ltd commits to cleaner fuel, donates 35 buses to Pi-CNG

*The hybrid Compressed Natural Gas, CNG-powered buses. Mkpoikana Udoma Port Harcourt — The NNPC Ltd. has handed over 35 hybrid Compressed Natural Gas, CNG-powered buses to the Presidential Initiative on Compressed Natural Gas, Pi-CNG. During […]

Valaris secures multi-year contract for drillships in U.S. Gulf

Valaris Limited has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, the company announced Monday. The contract is expected to […]

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McDermott lands offshore Brazil contract with BRAVA Energia

McDermott has been awarded a sizeable* offshore transportation and installation contract by BRAVA Energia, an independent oil and gas company in Brazil, for the Papa-Terra field in the Campos Basin and the Atlanta field in […]

Sonatrach, Eni sign $1.35 billion production sharing deal

*Sonatrach, Eni officials at the signing of the $1.35 billion production sharing deal. Dubai — Algerian state oil and gas company Sonatrach and Italy’s Eni (ENI.MI), opens new tab have signed a production sharing contract […]

Valmet to deliver a biomass boiler and flue gas handling to Kraftringen Energi

*Valmet’s bubbling fluidized bed (BFB) boiler and flue gas handling equipment. Lagos — Valmet has received an order from Kraftringen Energi for the bubbling fluidized bed (BFB) boiler and flue gas handling equipment for the […]

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Petrobras considers selling onshore assets in response to lower oil prices

(Bloomberg) – Petroleo Brasileiro SA is considering the sale of its onshore operations in Brazil’s northeastern Bahia state, Chief Executive Officer Magda Chambriard said. Producing oil and gas on the so-called Polo Bahia […]

Subsea7 secures EPCI contract for offshore Egypt

Subsea7 has been awarded a sizeable1 contract for offshore Egypt, the company announced Friday.  Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components […]

‘Nigeria’s oil production push to 3m bpd hinges on indigenous players’

*Chairman of the Independent Petroleum Producers Group, IPPG, Abdulrazaq Isa. Mkpoikana Udoma Abuja — The Chairman of the Independent Petroleum Producers Group, IPPG, Abdulrazaq Isa, has declared that Nigeria’s ambitious goal to increase crude oil […]

PETRONAS signs 20-year LNG purchase deal with Venture Global

Venture Global on Thursday announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG, a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms […]