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Monthly Archives: July, 2016

“Doing Business” sessions to be included at Offshore West Africa 2017

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6‐8 June 2017 | The Eko Hotel & Suites, Victoria Island, Lagos, Nigeria www.offshorewestafrica.com 19 July 2016; Offshore West Africa Conference and Exhibition will for...

GE Appoints New President and CEO for its Power Conversion Business

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Seasoned industry leader Azeez Mohammed announced as the new President & CEO of GE Energy Connections’ Power Conversion business Emphasis on reinforcing digital capacity and...

Ghana takes over chairmanship of WAGP Committee of Ministers

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Accra 15th July, 2016: The Minister for Petroleum, Hon Emmanuel Armah-Kofi Buah on July 12, 2016 was named chairman of the West African Gas...

Chevron Nigeria Launches another Prevention of Mother-To-Child Transmission of HIV Project (PROMOT II) in Bayelsa State with US$1.4 Million

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First phase of intervention helped reduce HIV prevalence rates in Bayelsa State from 9.1% in 2010 to 3.8% in 2015 Bayelsa State Governor commends Chevron...

Abu Dhabi Consolidates Position as Host of The World’s Largest Oil and Gas Technical Conference Programme‏

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ADIPEC 2016 Continues Record-Breaking Success with 2,775 Proposals from 571 Organisations in 71 Countries Achievement Represents an Impressive 22% Year-on-Year Increase in Number of...

Unearthing the true cost of fossil fuels and the true value of photovoltaics

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Two new studies published by Carol Olson and Frank Lenzmann in MRS Energy and Sustainability—A Review Journal (MRS E&S) shed light on the true...

Shell Lifts Force Majeure On Bonny Light Exports

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The Royal Dutch Shell, Nigeria division, has lifted a force majeure on exports of Bonny Light crude oil, the latest sign that oil production...

Hong Kong Firm To Build 200,000 Barrels Refinery In Nigeria

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A Hong Kong based firm,  Blooming Faith Petroleum Ltd, is partnering the Federal Government to build  and operate a 200,000 barrels per day (...

Flared Gas In Nigeria Drops To 750mscf/D

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With the increasing utilisation of associated gas, flared gas has dropped from over one billion standard cubic feet per day (bscf/d) to 750 million...

Baru is New NNPC Boss

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...Kachikwu Heads Corporation’s 9-Man Board Dr Maikanti Kacalla Baru Dr Maikanti Kacalla Baru has emerged as the new Group Managing Director (GMD) of the Nigerian National...

NCDMB, NNPC, NIMASA agree to grow Nigerian Content in crude oil lifting

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Contracts for lifting Nigerian crude oil will begin to yield tangible benefits for the Nigerian economy going by the renewed commitment by the Nigerian...

Why Cape Town is home to South Africa’s most important meeting place for oil industry professionals

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South Africa is a gateway to the continent, according to exhibitors and the new owner of Cape Industries Showcase 2016 One of South Africa’s key...

Ghanaian Companies Grab $1Billion Worth of Contracts

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Available data from Ghana’s Petroleum Commission, the regulatory agency, shows that the oil and gas sector had provided direct high quality jobs for more...

Egypt Shines Through the Dark, Low Price Era

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Egypt is the flavour of the month for investment in upstream hydrocarbon development. With less volume of hydrocarbon in place than Nigeria, Angola or Algeria,...

Vallourec Sees South Africa As Regional Hub For Oil and Gas

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South Africa, with an infinitesimal amount of oil and gas to its name, is the choice of Vallourec as the hub for the Subsaharan...

Otakikpo Capex Remains Within $82MM

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To achieve its target of having  the first cargoes lifted by the third quarter of 2016, Lekoil has refinanced its existing $10Million Notes Issuance...

Seplat Pays Close to $700MM to the Nigerian Government

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Seplat has reported it paid a total of six hundred and eighty six million, five hundred and forty thousand and eight hundred and ten...

Seplat Claws Back $150M “Cash Call” From NPDC

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Seplat has, in the space of nine months, received about 150Million, amounting to a third of the money owed it by NPDC, its government-owned...

Gaz du Cameroun Pushes Ahead with Drilling Campaign

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The Train Rig contracted to drill two wells into the onshore Cameroon’s Logbaba Field, has arrived the port of Douala, the country’s main port....

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