1.       INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant by the NNPC Act (LFN Cap. 320) to engage in all commercial activities relating to Petroleum Operations. In compliance with the Public Procurement Act 2007 and NNPC’s Policy and Procedures, NNPC intends to engage qualified and credible companies in a Direct Sale of Crude Oil […]

Yinson a Malaysian world renowned FPSO AND FSO construction company has announced that the FPSO Anna Nery being the first company’s contract to Brazil has entered her next phase of construction, marked by the sailing away from the Cosco Qidong shipyard in Jiangsu, China to Cosco Changxing shipyard in Shanghai recently for her first dry […]

TechnipFMC an EPC company has been awarded a front end engineering design (FEED) contract for the development of the offshore IM gas condensate field at Etinde by Cameroon government. The Etinde Permit a formerly Block 7 lies in shallow water in the Rio del Rey Basin, offshore Cameroon, and comprises four proven reservoir intervals within […]

Kosmos Energy said that together with its partners it hassigned an LNG supply deal with BP Gas Marketing for volumes from Phase 1 of the Greater Tortue A h m e y i m p r o j e c t . U n d e r t h e agreement with BP’s unit, the […]

London (Bloomberg) – Tullow Oil and Total are process to sell part of their stakes in oil discoveries in Kenya. According to familiar source, the French energy giant is planning to sell half of its 25% stake in the fields, said one of the people. Tullow said last year that it planned to reduce its […]

The Drilling Company of 1972 A/S (“Maersk Drilling”) announces that it has received notice of early termination for convenience of two drilling contracts. The first is the BG International Ltd contract, a subsidiary of Shell, has terminated the contract for the semi-submersible Mærsk Developer with immediate effect. The original end of contract was expected to […]

Uganda’s environmental Ua g e n c y , N E M A , h a s a p p r o v e d C N O O C ‘ s environmental and social impact assessment report for the Kingfisher project following ten months of scrutiny and evaluation. Dr. Tom Okurut, NEMA’s executive director […]

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Italian Ambassador to Egypt, Giampaolo Cantini, witnessed the signing of Engineering, Procurement and Construction (EPC) contract for establishing a Mazut Hydro-cracking Complex in Upper Egypt, according to a press release. The contract was signed by the Head of Assiut National Oil Processing Company […]

ExxonMobil has considered reviewing of Jack-up drilling company Shelf Drilling contract. Shelf Drilling Company is one of the world’s largest jack-up contractors owning to number of its operational fleet size, has recently experienced another rig contract review within a short period. Dubai Petroleum was the first to cut the length of the Shelf Drilling Company […]

Sonadrill Holding Ltd., Seadrill Ltd.’s 50:50 joint venture with an affiliate of Sonangol E.P., has secured a nine-well contract offshore Angola for the drillship Libongos. The contract includes six one-well options. The estimated total tract value is $101 million with commencement expected in late 3Q 2019 and running to early 2021. The Libongos is the […]