Blog - MyPetroCareer

Eiffage acquires HSM Offshore, strengthening expertise in offshore market

Eiffage, through Smulders (Eiffage Métal’s Belgian subsidiary), signed today an agreement with a view to acquiring 100% of HSM Offshore Energy to strengthen its expertise in the offshore energy market. HSM Offshore Energy is an […]

NUPRC trains mediators to reinforce expertise in dispute resolution oil oil sector

Lagos — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Alternative Dispute Resolution Centre, ADRC, has trained mediators to reinforce the expertise, ethical standards, and procedural efficiency of the mediators in resolving disputes within Nigeria’s upstream petroleum […]

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Chevron has closed on a deal to sell a 70% interest in its East Texas shale gas assets to an affiliate of TG Natural Resources LLC (TGNR), a company indirectly owned by Tokyo […]

Seplat denies elevated gas flare at QIT, eyewitnesses insist on evidence

*Intense flare from Seplat’s Qua Iboe Export Terminal in Ibeno, Akwa Ibom State on Tuesday. Mkpoikana Udoma Port Harcourt — Seplat Energy Plc has denied reports of an unusually intense gas flare at its Qua […]

Trump revokes permits for U.S., foreign oil firms in Venezuela

(Bloomberg) – The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the […]

PETROAN’s BOT Chairman Obasi Lawson freed after kidnap ordeal

*PETROAN’s BOT Chairman Obasi Lawson. Mkpoikana Udoma Port Harcourt — Chief Obasi Lawson, Chairman of the Board of Trustees of the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, and CEO of Sobaz Group […]

Subsea7 awarded contract for Equinor CCS project, offshore Norway

Subsea 7 S.A. today announced the award of a sizeable1 contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation of […]

Oil prices climb 2% to 5-week high on Russia, Iran supply worries

*Global oil flow. London — Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump follows through on threats to impose more tariffs on […]

Nigeria loses N378bn to gas flaring in two months

*A reflection of two gas flaring furnaces is seen in the pool of oil-smeared water at a flow station in Ughelli, Delta State, Nigeria. Michael Eboh Dublin, Ireland — Nigeria lost $248.4 million, about N377.568 […]

Latest TIPRO report shows continued growth for Texas upstream employment

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing an increase in upstream […]