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Chevron Divests US$6.5 bn Interests In Canada

Chevron Canada Limited, an indirect subsidiary of Chevron Corporation, has announced that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project, 70 percent operated interest in the Duvernay shale, and related interests, all located in Alberta, Canada, to Canadian Natural […]

Oilfield Africa - Monday October 7, 2024
Nigeria Unveils New Fiscal Incentives to Boost Deep Offshore Production

The Nigerian Federal Government has shown sheer determination to ensure a boost in the nation’s upstream and downstream sectors. Through the Ministry of Finance, the Federal Government has introduced groundbreaking concessions to revitalize Nigeria’s oil and gas industry. According to the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun the […]

Oilfield Africa - Monday October 7, 2024
Petronas Seals Five-Year Gas Sales Agreement

PETRONAS, through Malaysia Petroleum Management (MPM), will continue supplying 16 million standard cubic feet of gas per day (MMscfd) to Sabah Electricity Sdn. Bhd. (SESB) for power generation under a newly formalised five-year Gas Sales Agreement (GSA). The agreement, signed on 30 June, was recently commemorated with a formal document exchange ceremony. This collaboration reflects […]

Oilfield Africa - Saturday October 5, 2024
Petrobras in talks with ExxonMobil, Shell, others over hot African exploration plays

The discussions are over blocks in nations including Namibia, South Africa and Angola, Petroleo Brasileiro SA’s head of exploration and production, Sylvia dos Anjos, said in an interview. Petrobras is studying a total of 10 opportunities to partner with oil majors in Africa as the Latin American company tries to capitalize off its expertise in […]

Oilfield Africa - Sunday September 29, 2024
TotalEnergies Seals 200,000 Tons Per Year Of LNG Supply To HD Hyundai

In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies has announced the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of LNG per year for 7 years starting from 2027. Thanks to this agreement, with prices indexed both to Brent […]

Oilfield Africa - Wednesday September 25, 2024
Chevron Uses Robots To Keep Workers Safe During Tank Inspections

Chevron robotic projects engineer, Brandon Baylor, has participated in the deployment of robotic tank inspections. Growing up near the oil- and gas-rich Appalachian region of the eastern U.S., Brandon Baylor always thought he might work in the energy industry. But he never imagined that his career would involve working with both people and robots. Now […]

Oilfield Africa - Tuesday September 24, 2024
3t Acquires GTSC, A Largest Energy Training Company

3t, the UK-headquartered leader in the provision of training for safety-critical industries, has today announced it will make its seventh acquisition with the purchase of GTSC, the largest energy training business in the Middle East, bolstering its presence across the region in Saudi Arabia, the United Arab Emirates and Egypt. 3t has acquired GTSC from […]

Oilfield Africa - Tuesday September 24, 2024
SLB, NVIDIA To Develop Generative AI Solutions For The Energy Sector

Global energy technology company SLB is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the energy industry. The collaboration accelerates the development and deployment of industry-specific generative AI foundation models across SLB‘s global platforms, including its Delfi™ digital platform and Lumi™ data and AI platform, by leveraging NVIDIA NeMo™, part of […]

Oilfield Africa - Friday September 20, 2024
Upstream Investment in Africa

Upstream investment in Africa: what does the future hold as new investment hotspots replace legacy producers? Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Upstream investment in Africa has been slow to recover after cuts of 40% during the pandemic. Investment of around […]

Oilfield Africa - Friday September 20, 2024
TotalEnergies Starts Gas Field Production at Fenix Offshore

TotalEnergies has started production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan American Energy (25%). With a production […]

Oilfield Africa - Friday September 20, 2024

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