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Monthly Archives: November, 2016

Nigeria Loses N2trn Annually To Crude Lifting By Foreign Vessels

  The Ship Owners Association of Nigeria, SOAN, and the Nigerian Ship Owners Association, NISA, say about N2 trillion is lost annually by allowing foreign...

Shell Moves To Give Bayelsa Communities Uninterrupted Power Supply

Succour will soon come the way of four Kolo Creek cluster communities in Ogbia Local Government Area of Bayelsa State as Shell Petroleum Development...

Vandalism: Nigeria’s Oil Producing Communities to Take Over Pipeline Security

Oil producing communities, under the auspices of Host Communities of Nigeria (producing Oil and Gas), HostCom, have promised to set up a pipeline security...

Libya Resumes Production at Key Waha Oil Field

Libya resumed production at the Waha oil field recently bringing overall production to 580,000 barrels per day, a senior Libyan oil official said penultimate Tuesday. The Waha...

Tanzania: Solo Oil says Ntorya-2 appraisal well likely to be drilled by Q4

Solo Oil in its update on the Ntorya appraisal well in Tanzania, has announced that the site being prepared for the Ntorya-2 appraisal well...

Angola: Armada Olombendo FPSO Vessel Set to Sail to Eni’s Block 15/06, offshore Angola

Eni  has announced the naming ceremony of the 'Armada Olombendo' Floating Production, Storage and Offloading (FPSO) vessel which held in Singapore. The FPSO will operate in Block...

Gabon Oil Workers Strike Cuts Output From Onal Field

A strike in Gabon by oil workers at French company Maurel and Prom has cut production from the Onal field to 10,000 barrels per...

CGG Gets Multi-Client Projects Offshore Mozambique

CGG has announced it has been granted an extensive multi-client program by the Institute of National Petroleum of Mozambique (INP), to obtain seismic data...

Egypt: Mostorod refinery to be completed in 2017 – ERC

The Egyptian Refining Company (ERC) has announced plans to conclude its refining project in Mostorod within the first quarter of 2017, as part of...

Libya’s Oil Production Hits 551,000 bpd

Libya’s oil output has reached 551,000 barrels per day, bpd, bringing the country nearer to its target of 900,000 barrels per day by 2016...

Nigeria Signs $15 Billion Oil And Gas Deal With India

The Federal Government of Nigeria has entered into a $15 billion deal with India, with the latter expected to make advance payment for crude oil...

Oil price May Hamper Brazil’s Plans to Open Pre-salt Fields

The Brazilian parliament has approved a legislation aimed at removing Petrobras’ obligation as sole operator of the country’s pre-salt developments. According to analyst Douglas-Westwood (DW), these ultra-deepwater fields, discovered...

Aramco Awards NPCC LTA Offshore Agreement

Saudi Arabia Aramco’s Offshore Projects Department has awarded a fifth Long-Term Agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi, United Arab Emirate. In June...

ADNOC CEO Visits Technologically Advanced Drilling Vessel at ADIPEC

Self-propelled vessel built in Abu Dhabi by Gulf Marine Services Abu Dhabi-UAE: 8 November 2016 – His Excellency Dr Sultan Ahmed Al Jaber, UAE...

Lasting Stability Critical to Restoring Confidence in Future Global Oil Market

“Stability in Oil market will Amplify Investments and Encourage Petroleum Output Expansion,” says OPEC Secretary General OPEC World Oil Outlook 2016: Global Energy Demand to...

GULF MARINE SERVICES SHOWBOATS ITS LATEST BARGE AT ADIPEC

Latest E-Class vessel jacks up at quayside opposite Abu Dhabi Exhibition Centre Abu Dhabi, 6th November 2016: Gulf Marine Services (GMS), the Abu Dhabi...

WEIR OIL & GAS ANNOUNCES WELLHEAD CONTRACT WITH KHUFF FOR KUWAIT OIL COMPANY

Momentum continues in Middle East with $12 million deal  FORT WORTH, Texas and Abu Dhabi, United Arab Emirates (Nov. 7, 2016) Weir Oil & Gas...

EYES OF THE WORLD FOCUS ON EGYPT’S OIL AND GAS SECTOR NEXT FEBRUARY

‘The Egypt Petroleum Show’ held under the high patronage of the President, His Excellency Abdel Fattah El Sisi, and support of the Ministry of...

Optimising efficiency, maximising value and enhancing performance key to navigating fast-changing energy landscape

World Oil and Gas Leaders to Convene in UAE Capital for ADIPEC 2016, fast-changing energy landscape Abu Dhabi, UAE – 05 November: The fast-changing energy...

IRENA Welcomes Paris Agreement as Strong Enabler for Renewable Energy Action

IRENA chief applauds rapid progress on climate action framework Abu Dhabi, U.A.E., 04 November 2016 – International Renewable Energy Agency (IRENA) Director-General Adnan Z. Amin...

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