Blog | MyPetroCareer

Nigeria’s oil production declines by 4.37% in March 2025

*Offshore Nigeria Lagos — The Organization of Petroleum Exporting Countries (OPEC) April Monthly Oil Market Report reveals that Nigeria’s average daily crude oil production (based on direct communication) declined by 4.37% (64,000 bpd), from 1.465 […]

SLB launches Electris™ well completions technology to boost production, recovery

SLB announced at OTC Day 2 the launch of Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. […]

ABS, Akselos collaborate on digital twin technical assessment

ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management software; announced today a deepening of its cooperation with the joint completion of technical […]

Swedfund invests in preservation and creation of African SME jobs

*Vegetable vendor in an open market. Port Harcourt — Swedfund is investing USD 15 million in TLG Africa Growth Impact Fund II (TLG II). Through the investment, Swedfund aims to support the preservation and creation […]

TotalEnergies seeks permit for $16 billion green hydrogen project in Chile

*TotalEnergies Santiago — Subsidiaries of energy major TotalEnergies have applied for an environmental permit for a $16 billion green hydrogen and ammonia project in southern Chile, a regulatory filing showed on Monday. The project, run […]

ADNOC Gas announces Q1 net income of $1.27 billion, up 7% year on year

ADNOC Gas has announced net income of $1.27 billion and EBITDA of $2.16 billion for the first quarter of 2025, exceeding the equivalent quarter in 2024 by 7% and 4% respectively. ADNOC Gas […]

Valaris lands $135 million drillship contract for offshore West Africa

Valaris Limited has been awarded a five-well contract offshore West Africa for drillship VALARIS DS-15. The contract is expected to commence in the third quarter 2026. The total contract value, based on an […]

Nigeria seeks fiscal reform at WAGP ministerial meeting

*Ekperikpe Ekpo Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has reaffirmed Nigeria’s commitment to regional energy cooperation under the West African Gas Pipeline, WAGP project, […]

Subsea7 lands major Petrobras contract for Buzios field, offshore Brazil

Subsea7 has secured a super-major contract1 with Petrobras, after winning a competitive tender, for the development of the Búzios 11 field located approximately 180 kilometers off the coast of the state of Rio […]

Golar approves 20-year charter for FLNG Hilli development

Golar LNG has reached final investment decision (FID) for the 20-year re-deployment charter of the FLNG Hilli Episeyo (FLNG Hilli), first announced on July 5, 2024. The vessel will be chartered to Southern Energy S.A. […]