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Amarinth Announces Strategic Partnership with Tsavo
Amarinth Announces Strategic Partnership with Tsavo

Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, has a strategic partnership with Tsavo.

Amarinth who also specializes in associated equipment to petrochemical, LNG, chemical, industrial, power and desalination markets, said the partnership underlined its expansion…

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Quantum Goes Deeper
Quantum Goes Deeper

Experts in quantum cold-atom sensors are delving deep underground in a new project aimed at harnessing quantum gravity sensing technology in harsh underground borehole environments.

The Gravity Delve project, funded by Innovate UK, brings together academics from the UK Quantum Technology Hub Sensors and Timing which is led by the University of…

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FG Begins Feasibility Study for Brass Shipyard Project
FG Begins Feasibility Study for Brass Shipyard Project

     …Says NCDMB, NLNG to drive project

The Federal Government has commenced feasibility study for the construction of a shipyard in Brass Island, Bayelsa State.

which would cater for the maintenance and repair services of cargo vessels, oil tankers, and LNG carriers.

The Minister…

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US Tech Entrepreneur, Tom Siebel to Deliver Keynote at ENGenious Online 2020
US Tech Entrepreneur, Tom Siebel to Deliver Keynote at ENGenious Online 2020

The CEO of C3.ai, Silicon Valley businessman, and author of Digital Transformation: Survive and Thrive in an Era of Mass Extinction, Tom M. Siebel is to give the keynote address at ENGenious Online slated to hold from 22 – 24 September 2020,

The ENGenious is the sister event to SPE Offshore Europe which focuses…

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NELMCO Clears PHCN Liabilities
NELMCO Clears PHCN Liabilities

    …Saves FG N92bn
Nigerian Electricity Liability Management Company (NELMCO) said that it has concluded the clearing of PHCN liabilities that accumulated before privatising the power sector in 2013, and in the process saved the federal government about N92 billion.

During the presentation of a report on Self-Assessment Tool…

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Research Unveils Nigeria’s 5yr Solar Power Market Outlook
Research Unveils Nigeria’s 5yr Solar Power Market Outlook

A new market-based research has said that in 2019, around 109 GW of new solar PV capacity was added worldwide, about the same as in 2018.

It said that the rapid installations were primarily due to policy support and a sharp decline in technology costs and growing environmental concerns.

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NNPC Settles Dispute Between Sapetro, CNOOC Over OML 130
NNPC Settles Dispute Between Sapetro, CNOOC Over OML 130

The Nigerian National Petroleum Corporation (NNPC) has signed a preliminary agreement to end the dispute with two energy firms, China’s CNOOC Ltd. and Lagos-based South Atlantic Petroleum Co. The NNPC did not however give details of the deal.

The deal Orient Energy Review learnt was signed to settle all disputes…

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Chevron Explores Renewable Base Oil Production
Chevron Explores Renewable Base Oil Production

Chevron Explores Renewable Base Oil Production
Chevron Products Company, a division of Chevron U.S.A. Inc., and Novvi LLC has said that production of 100 per cent renewable base oil is part of the company’s aim to find more reliable, affordable and ever-cleaner solutions that scale.

Last week Chevron announced the…

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OPEC+ to Resume Halted Crude Oil Output
OPEC+ to Resume Halted Crude Oil Output

    …Experts say global oil market still faltering
This week, the Organisation of Petroleum Exporting Countries (OPEC) will likely resume some of the crude output halted during the depths of the pandemic. World Oil said in a report yesterday that this comes on the heels of a faltering recovery in global oil demand…

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NNPC Records ₦2,393.88bn From Products Sale in May
NNPC Records ₦2,393.88bn From Products Sale in May

The Nigerian National Petroleum Corporation (NNPC) has confirmed that the total revenue generated from the sales of white products in May 2020, stood at ₦2,393.88billion, where PMS contributed about 98.84% of the total sales with a value of ₦2,366.15billion.

According to the NNPC Monthly Financial and Operations Report (MFOR), during…

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