In a bid to scale up investment in the Nigerian upstream sector, French Exploration and Production giant TotalEnergies EP has reiterated the company’s commitment to boost the nation’s crude oil production output through fresh investment in the Bonga North Offshore project and others.   The company’s President EP TotalEnergies made this latest investment disclosure, Mr. […]

Baker Hughes, an energy technology company, announced that the company has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola.  Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity to […]

Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.   Under the agreement Petrofac will provide technical authority and discipline engineering support, ensuring operational excellence, integrity and safety. It will support key onshore and offshore assets: including five offshore steel jacket facilities in the Alba […]

Following the directive of the Federal Executive Council (FEC) and the implementation of the new Naira-based sales mechanism, the Implementation Committee on the Sales of Crude Oil and Refined Products in Naira, chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun. held its second review meeting on Wednesday […]

The National Petroleum Corporation of Namibia; NAMCOR has provided a progress update on the significant strides made in its journey to becoming a world-class energy company. With a focused commitment to efficiency, growth, and accountability, NAMCOR continues to reform key areas of its operations, ensuring its competitive position both locally and globally. This year, 2024, […]

The National Petroleum Corporation of Namibia, NAMCOR, has announced the signing of a memorandum of understanding (MOU) with global energy technology company SLB. This agreement marks a significant milestone in strengthening the collaboration between NAMCOR and SLB, aligning both entities towards mutual goals in the energy sector, including sustainability, decarbonization, and new energy opportunities. The […]

The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr. Joseph Abuabu Dadzie, underscored the extensive potential of Ghana’s key oil and the crucial role of natural gas in West Africa’s energy transition at the ongoing Africa Oil Week in Cape Town, South Africa. During discussions, Mr. Dadzie outlined GNPC’s strategic initiatives in […]

The National Agency for Oil, Gas and Biofuels (ANPG) presented the opportunities that Angola offers in the oil sector, during the technical program of the Angola Oil & Gas Conference, which takes place in Luanda .The presentations made by the Director of Negotiations, Hélder Iombo, and by the Coordinator of the Incremental Production Project, Victor […]

The President of the Republic, João Lourenço, stated at the 5th Edition of the Angola Oil & Gas Conference that the Angolan Government is committed to the sustainable exploration of oil and gas and encourages the transition to renewable energy. The Head of State argued that the sector’s actions should promote the sustainable exploitation of fossil […]

Nigeria has signed a landmark Gas Sales and Purchase Agreement (GSPA) for the Brass Fertilizer and Petrochemical Project with its multi-national oil companies in a brief ceremony in Bayelsa. This milestone achievement is done after nearly a decade of what appeared to be a herculean hurdle to cross. The Minister of State for Petroleum (Gas), […]