Polaris Integrated and GeoSolutions Limited (PIGL) has marked its 20th anniversary, celebrating two decades of achievements and unwavering commitment to delivering high-quality integrated services and geosolutions across Nigeria. “We are thrilled to celebrate this 20-year milestone. Our growth and success are a testament to the dedicated efforts of our exceptional team and the unwavering support […]

SEACOR Marine, a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that it has entered into a new senior secured term loan of up to $391.0 million with an affiliate of EnTrust Global and separate agreements to build two platform supply vessels (PSVs) for a contract price of $41.0 million per vessel. According […]

Africa Energy announces that the Company, through its investment in Main Street 1549 Pty Ltd, has formally become the operator of Block 11B/12B offshore South Africa. Main Street is currently in the process of obtaining all the important information from the previous operator, including drilling, reservoir, and development engineering data. Main Street is in the process of […]

A long list of oil industry leaders, ministers of the federal republic, national assembly members, and oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition, which is slated for the first week of December at the magnificent Nigerian Content Tower, Yenagoa, Bayelsa State. The event […]

PETRONAS and China National Petroleum Corporation (CNPC) signed a Memorandum of Understanding (MoU) at the CNPC International Cooperation Forum, a key event at the 7th China International Import Expo (CIIE). Coinciding with the 50th anniversary of Malaysia-China diplomatic relations, this collaboration not only serves as a testament to the enduring friendship between the two nations […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the mandate of President […]

ExxonMobil expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company has stated recently, pushing back the financial go-ahead by roughly a quarter. Reuters reported. The company had said in May that it expected the final investment decision for the project to be at the end […]

The latest volume, covering 2023, illustrates the evolution of the energy sector and provides an increasingly integrated perspective on this complex industry.  Eni has published the 23rd edition of the World Energy Review 2024 (WER), its global energy statistical review. This year’s edition covers not only macro trends (oil, gas, renewables and critical minerals) but […]

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has recently in a media briefing refuted the claim that directed the Nigerian National Petroleum Company (NNPC) Limited to seize operating the four nation’s refineries and channel its resources basically on joint venture partnerships with private refineries. “My attention has been drawn to statements […]

…..supporting Marathon Oil with Master Service Agreement 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 […]