Wednesday, May 15, 2024

Yearly Archives: 2016

Senate Expresses Worry Over Liquidity Crunch in Power Sector

By Sola Akingboye, FCT, Abuja The Senate Committee on Power led by its Chairman, Senator EnyinnayaAbaribe, on has expressed worry over liquidity crunch in the power...

Ghana: Arnlea Wins Tullow Oil’s Inspection Contract

Arnlea Systems has been awarded a contract to carry out inspection services for African-focused Tullow Oil Plc.The Aberdeen-based asset manager is to use its...

Mozambique: Delonex And Indian Oil Corporation To Carry Out Seismic Surveys In Maputo Province Next Year

Delonex Energy in cooperation with the Indian Oil Corporation plans to carry out oil and gas seismic and geophysical surveys in the districts of...

Sudan Gives Directives for Using Modern Technology to Increase Oil Production

Sudan’s first Vice-President of the Republic Lt-Gen, Bakri Hassan Salih; directed Ministry of Oil to focus on productive activities that help in increasing oil...

PGS Improves Imaging Capabilities

PGS has further strengthened one of the most powerful computer platforms in the oil service industry, by adding another Cray XC supercomputer to its Houston Mega Center. This...

Dresser-Rand compressors to handle OCTP gas offshore Ghana

Siemens’ Dresser-Rand business has won a contract to supply two compressor trains to an onshore gas reception facility in Ghana. This will be supplied by non-associated gas...

Dangote Acquires Gas Processing Company in Netherlands

As part of moves to meet Nigeria’s energy demands, the management of Dangote Industries Limited has completed the acquisition of a gas company in...

Fury over Use of Oil Money

…as PIAC takes its reports to the districts A composite report on government’s management and use of the country’s petroleum revenues, currently being disseminated in...

Oil and Politics: What Do Ghana’s Political Parties Have To Offer?

As Ghana’s Presidential and Parliamentary elections draws closer, players in the oil and gas industry have started interrogating the manifestoes of the two main...

Lack of Capacity Still Constrains Local Content in Ghana – AGI

The Association of Ghana Industries (AGI) has cited the lack of capacity building as one major constraint to local content in Ghana. After almost three...

As Iran Oil Tenders Near, Investors Still In the Dark On Terms

Two years after Iran pledged to open up its oil industry in anticipation of the lifting of sanctions, foreign companies say they still have...

Ivory Coast to Organize Debt Relief For State Oil Refinery

In Ivory Coast, the Government has revealed plans to organize debt relief for state oil refinery, Societe Ivoirienne de Rafinage (SIR), through public and...

NNPC Slashes Price of Nigeria’s Crude Oil Grades

The Nigeria National Petroleum Corporation, recenly, slashed the official selling price of Nigeria’s crude oil grades as parts of a strategy to make Nigeria...

Lekoil Raises Fund for Otakikpo Start Up

West Africa-focused oil and gas exploration and production company, Lekoil, has announced that it has raised gross proceeds of about $12.4 million through the placing...

Mauritanian Government Signs Exploration and Production Contract with Kosmos Energy

The Mauritanian government and Kosmos Energy of Mauritania have entered into an exploration and production contract, concerning Block C-6 located offshore northwest of Nouakchott,...

Nigeria’s Oil Reserves May Dry up in 30 Years, Experts Warn

The country’s crude oil reserves may dry up in the next 30 years, says Nigerian National Association of Petroleum Explorationists (NAPE).President of the association,...

Oil Firms Back Nigeria’s Gas Development Agenda

Second Vice-President of Nigeria Gas Association (NGA), Mrs Audrey Joe-Ezigbo (left); first Vice President, NGA, Dada Thomas; Chairman/Managing Director, Chevron Nigeria Limited, Clay Neff;...

Missing Mining Millions: South African Public Protector Reveals Shocking Details

The results of Public Protector Thuli Madonsela's investigation into missing mining royalties from the Bapo-Ba-Mogale community's collective "D" account have been received with shock   Guests...

Angola : Lucapa Announces Sales Plans For Last Quarter

Mining firm Lucapa Diamond has scheduled two diamond sales for the last 2016 quarter as recoveries of large special stones continue at its Lulo...

IBEDC is the Best Distribution Company In Nigeria

You said IBEDC is the best distribution company in Nigeria, can you buttress that? It is not a statement from me. It is a statement...

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