SAExploration announce Q2 and H1 financial results

SAExploration announce Q2 and H1 financial results

Thursday, 24 August 2017 05:57

Revenues f...

South African Sunrise Energy establishes LPG terminal to advance oil and gas sector

South African Sunrise Energy establishes…

Wednesday, 23 August 2017 05:57

South Africa-based energy infrastructure company Sunrise Energy, has established an open-access liquefied petroleum gas import and storage terminal, in Saldanha Bay, which will enable the import of LPG in large...

Halliburton and Microsoft join to digitally transform the oil and gas industry

Halliburton and Microsoft join to digita…

Wednesday, 23 August 2017 05:34

Microsoft and Halliburton has announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry

Total acquires Maersk Oil for US$7.45bn in a share and debt transaction

Total acquires Maersk Oil for US$7.45bn …

Tuesday, 22 August 2017 05:50

Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100 per cent of the equity of the E&P company Maersk...

Fortuna FLNG Offtake awarded to Gunvor

Fortuna FLNG Offtake awarded to Gunvor

Tuesday, 22 August 2017 05:43

The Ministry of Mines and Hydrocarbons, Ophir Equatorial Guinea Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial have nominated Gunvor Group as their preferred LNG Buyer...

ENI, Anadarko to build new LNG terminals in Mozambique

ENI, Anadarko to build new LNG terminals…

Monday, 21 August 2017 06:48

Mozambique has signed agreement with Italian oil and gas major ENI and the US petroleum company Anadarko to build two liquefied natural gas (LNG) terminals in Cabo Delgado, the northernmost...

Africa Re faces losses in South Africa and Middle East in H1 2017

Africa Re faces losses in South Africa a…

Friday, 18 August 2017 06:14

African Reinsurance Corporation (Africa Re) has announced that the losses in South Africa and in the Middle East pushed down the company’s net profit to US$7.6mn in the first half...

Wood Group closer to Amec takeover: CMA

Wood Group closer to Amec takeover: CMA

Friday, 18 August 2017 06:11

The UK’s Competition and Markets Authority (CMA) has said that British oil and gas company Amec Foster’s proposal to sell almost all of its upstream offshore oil and gas servicing...

DNV GL applies data analytics techniques to reduce downtime

DNV GL applies data analytics techniques…

Thursday, 17 August 2017 06:31

Lundin Norway and DNV GL have developed the first step in a solution for predicting unplanned shutdowns of Lundin Norway’s Edvard Grieg production platform

Libya's NOC and Repsol meet to discuss Al Sharara field security breach

Libya's NOC and Repsol meet to discuss A…

Thursday, 17 August 2017 05:19

Eng. Mustafa Sanalla, NOC Chairman of the Board of Directors, held a meeting with Luis Polo Navas Director of Libya Business Unit at Repsol Company on Sunday afternoon 13 August...

Mobil Oil Nigeria change its name to 11 Plc

Mobil Oil Nigeria change its name to 11 …

Wednesday, 16 August 2017 07:50

In a notice sent to the Nigerian Stock Exchange, Mobil Oil Nigeria has informed dealing members and the investing public of its change of name from Mobil Oil Nigeria to...

Emerson launches new drilling jar clamp

Emerson launches new drilling jar clamp

Wednesday, 16 August 2017 07:17

Emerson Automation Solutions has launched the latest product within its polymer completions solutions range – the PolyOil® JAR Handling Clamp – for increased safety and well integrity

Zambia commissions first oil survey

Zambia commissions first oil survey

Tuesday, 15 August 2017 07:33

Zambian president, Edgar Changa Lungu and Tullow Oil have announced the country’s first-ever oil survey

Baker Hughes GE releases field-proven coiled tubing simulation software

Baker Hughes GE releases field-proven co…

Tuesday, 15 August 2017 07:16

Baker Hughes, a GE company, has announced the introduction of its CIRCA™ coiled tubing simulation software, which enables coiled tubing service providers to maximise equipment performance and improve operational efficiency...

H1 gross and post-tax profits up for Oando

H1 gross and post-tax profits up for Oan…

Monday, 14 August 2017 07:22

Indigenous Nigerian energy group Oando has reported increased turnover and profits for the first half of 2017, compared with the same period last year

Cairn’s SNE North-1 exploration well offshore Senegal discovers oil and gas

Cairn’s SNE North-1 exploration well off…

Thursday, 10 August 2017 06:59

Cairn Energy has announced positive results from the drilling of its SNE North-1 exploration well offshore Senegal, which encountered both oil and gas reserves in the primary objective

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