OEG has secured a significant multi-year helifuel services contract with a major UK operator. Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on […]
Brent crude futures rose $1.32, or 1.97%, to $68.19 a barrel at 11:35 a.m. EDT (1535 GMT). U.S. West Texas Intermediate crude was up $1.51, or 2.32%, to $66.49. Both Brent and WTI reached their […]
*Financial markets Oritsegbubemi Omatseyin Lagos — In a bold move to tackle youth unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a strategic Memorandum of Understanding, MoU, with Investonaire Academy to train […]
Viridien has set a new seismic data acquisition standard with the launch of Sercel Accel, the industry’s first onshore drop node solution. Unveiled at the EAGE Annual Conference and Exhibition in Toulouse, France, […]
ADNOC Gas has reached final investment decision (FID) and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment. […]
Mr. Wale Edun with stakeholders and promoters of the WIIF – To drive job creation Mkpoikana Udoma Port Harcourt — The Nigerian Government has announced a landmark $50 million commitment to the Nigeria Wholesale Impact […]
*A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates. Dubai — ADNOC Gas Plc and its subsidiaries, a world-class integrated gas processing and sales company, announced on Tuesday it has taken a […]
(Bloomberg) — OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of […]
Baker Hughes has reached an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion. […]
*Illegal refining dump. Mkpoikana Udoma Port Harcourt — In a sweeping offensive against oil theft and pipeline vandalism, troops of the 6 Division, Nigerian Army, have uncovered 27 illegal refining sites, arrested 43 suspected oil […]
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