Tag: Oil and Gas News
Glencore Set to Buy $973m worth of Assets from Chevron
Mining giant, Glencore has entered into an agreement to purchase 75 percent interest in Chevron South Africa, as well as a 100 percent stake...
Nigeria, not an oil economy-Adeosun
Stories by Dirisu Yakubu with agency reports
Nigeria’s Finance Minister, Kemi Adeosun has faulted the description of Nigeria as an oil economy as erroneous, saying...
African oil industry meets in South Africa to discuss investment prospects
CAPE TOWN, South Africa, November 1, 2017/ -- The African oil industry met this week to discuss the potential, but also the challenges, that...
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...
Momentum continues in Middle East with $12 million deal
FORT WORTH, Texas and Abu Dhabi, United Arab Emirates (Nov. 7, 2016) Weir Oil & Gas...
OPEC List Challenges Confronting Global Oil Market
The Organisation of the Petroleum Exporting Countries (OPEC) has listed the challenges confronting the oil market to include uncertain prospects for the global economy;...
The countdown begins for Cape Town’s most important oil & gas...
Cape Industries Showcase 2016 runs from September 6 to 8 at the Cape Town International Conference Centre showcasing suppliers for the oil, gas &...
CORE PA’s International Media Tour Showcases Mining, Oil and Gas Industries...
In a bid to attract and retain Foreign Direct Investment in the core region of Pennsylvania, CORE PA Global, an initiative focused on creating...
Exploring Pennsylvania’s Booming Energy Industry
As Rural PA Burst Out With Energy Flavours
Unrivaled Manufacturing
Fastest growing state for FDI in the US
2nd largest energy field in the world
Home to Marcellus/...
Abu Dhabi Consolidates Position as Host of The World’s Largest Oil...
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...
Egypt Shines Through the Dark, Low Price Era
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,...
Gaz du Cameroun Pushes Ahead with Drilling Campaign
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....
Era of cheap oil coming to an end- IEA
The era of cheap oil may soon come to an end, if the prediction of the International Energy Agency, IEA, is anything to go...
First Anniversary for the Vallourec Office in South Africa
The objective of this new office in Johannesburg is to be geographically closer to key African markets, especially South Africa and Mozambique
JOHANNESBURG, South Africa,...
KKR and Mexico’s PEMEX agree to $1.2 billion sale and leaseback
U.S. private equity fund KKR and Mexico's PEMEX are wrapping up details on a $1.2 billion sale and leaseback agreement, according to sources familiar...
Canada’s energy regulator starts review of oil pipeline to east
Canada's energy regulator on Thursday officially launched its 21-month review of TransCanada Corp's Energy East pipeline, which would carry crude from Alberta's oil sands...
