Tuesday, March 28, 2017

SNEPCo Appoints Bayo Ojulari As MD

Shell has announced a change of Guard at Shell Nigeria Exploration and Production Company Limited (SNEPCo) as Mr. Tony Attah, former Managing Director moves up to the Group Integrated Gas business as Senior Projects...

French Firm Considers $15m Fuel Terminal In Mozambique

French oil firm, Total says it is considering to get an investment of $15 million to build a fuel terminal in Nacala, in Mozambique’s Nampula province. According to state-controlled daily newspaper, Noticias, The terminal will...

Maersk Oil To Acquire Africa Oil Corp Shares In Kenya & Ethiopia

Maersk Oil has expressed its readiness to acquire half of Africa Oil Corporation’s shares in three onshore exploration licences in Kenya and two others in Ethiopia. The licences cover an area of ca. 100,000 square...

Shell, OEMs Partner To Produce Local Oil & Gas Tools

As part of its efforts to boost local content in Nigeria, the Shell Petroleum Development Company, SPDC, is partnering with Original Equipment Manufacturers, (OEMs), to produce oil and gas tools in the country. Shell PetroleumManaging...

Floating Natural Gas Plant Imminent in Kribi

Government and the National Hydrocarbons Corporation/Perenco Cameroon/Golar Cameroon/Golar Hilli consortium have agreed to install and exploit a floating natural gas liquefaction plant off the coast of Kribi in the South Region. The Executive General...

Mozambique Projected Investment In Oil And Gas Deals Hit $31b

The total projected investment in Mozambique natural gas operations in the Rovuma Basin, northern province of Cabo Delgado, now stands at $31 billion. The chairperson of Mozambique’s National Hydrocarbon Company, Omar Mitha who announced this...

SPDC JV, PETAN Partner To Assist Foreign Manufacturers On Assembly Plant, Nigerian Content

The one-year internship programme organised by the Shell Petroleum Development Company of Nigeria (SPDC) operated Joint Venture and Petroleum Technology Association of Nigeria (PETAN), a group of indigenous oilfield service companies received a boost...

NNPC Obtains 101 Oil Trading Firms Bids For New OPA Offer

The Nigerian National Petroleum Corporation (NNPC) said it has obtained a total of 101 offers from diverse oil trading firms who had put in bids to participate in the Offshore Processing Agreement (OPA) it...

‘Nigeria To Get Oil Find in Chad Basin Soon’

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has disclosed that the country may well be on the verge of a significant oil find in the lake Chad area...

Mercuria Plans To Invest Over $200m In Forte Oil

Indication has emerged that Mercuria Energy Group Limited, one of the largest integrated energy and commodity trading companies in the world, is in close talks to buy a 17 per cent stake, worth over...