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Sustained low oil price could prompt large-scale M&A

Sustained low oil price could prompt large-scale M&A

Wood MacKenzie has claimed that a sustained period of low oil prices could trigger large-scale M&A Read more

Exploration

Exploration

Equatorial Guinea ratifies offshore production agreemen…

Equatorial Guinea ratifies offshore production agreement with ExxonMobil

Equatorial Guinea has announced the approval of production sharing contract (PSC) for offshore Block EG-06

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Exploration

ION Geophysical expands seismic data library offshore N…

ION Geophysical expands seismic data library offshore Namibia

US-based ION Geophysical has completed seismic acquisition stage of its NamibiaSPAN programme that extends the full leng...

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Exploration

Shell sells stake in Nigeria’s OML 18 for US$737mn

Shell sells stake in Nigeria’s OML 18 for US$737mn

Oil major Shell has sold its 30 per cent interest in Nigeria’s oil mining lease (OML) 18 to Eroton Exploration & Pro...

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Gas

Gas

Indian oil companies to invest US$6bn in Mozambican off…

Indian oil companies to invest US$6bn in Mozambican offshore gas field

India’s ONGC, Oil India Limited (OIL) and BPCL have agreed to invest US$6bn to develop a gas field offshore Mozambique, ...

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Gas

Statoil strikes gas offshore Tanzanian well

Statoil strikes gas offshore Tanzanian well

Norwegian oil major Statoil has made an additional 28.5bn cu/m to 51.3bn cu/m of natural gas discovery at Mdalasini-1 ex...

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Gas

CI-Energies to develop gas block offshore Côte d’Ivoire

CI-Energies to develop gas block offshore Côte d’Ivoire

State-owned oil and gas firm CI-Energies has signed a non-binding agreement with an international company to finance, de...

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Technology

Technology

Total E&P Angola awards MWS contract to DNV GL for …

Total E&P Angola awards MWS contract to DNV GL for Kaombo project

Total E&P Angola has awarded a Marine Warranty Services (MWS) contract to DNV GL for its Kaombo project offshore Lua...

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Technology

GE wins Ghanaian offshore supply contract worth US$850m…

GE wins Ghanaian offshore supply contract worth US$850mn

GE has won a contract worth US$850mn for the supply of oil and gas exploration and production equipment at Offshore Cape...

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Technology

FES International wins supply contract for offshore pro…

FES International wins supply contract for offshore project in Nigeria

UK subsea engineering firm and provider of fluid transfer systems FES International has won a US$2mn contract from Saipe...

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Downstream

Downstream

Associated gas powers Wintershall’s Libya plant

Associated gas powers Wintershall’s Libya plant

BASF’s subsidiary Wintershall has announced that it will power its Libyan plant using associated gases

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Downstream

Shell set to buy BG Group for US$69.7bn

Shell set to buy BG Group for US$69.7bn

Anglo-Dutch oil explorer Shell will acquire British gas producer BG Group for US$69.7bn in cash and stock, both companie...

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Downstream

Ethiopia to build 160 oil depots to address fuel shorta…

Ethiopia to build 160 oil depots to address fuel shortage problem

Ethiopian Petroleum Supply Enterprise (EPSE) has announced that it will built 160 oil depots across the country to resol...

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Libya-Gas 2010 Forum to be held in Rome

THE ITALIAN CAPITAL, Rome, will play host to the Libya-Gas 2010 forum devoted to the review of guidelines and prospects in the gas industry, Libya's National Oil Corporation (NOC) has announced.

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Meeting world energy demand and supply mix: The role of Africa

IN THE PAST 33 years, the Society for Petroleum Engineers Nigeria Annual International Conference and Exhibition has attracted over fifty thousand of E&P industry's greatest minds within and outside Africa.

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Offshore West Africa 2011

GHANA IS RECOGNISED as one of the most promising exploration regions in West Africa, which perfectly fits the 2011 event theme - Discover New Frontiers in West Africa Offshore Challenges.

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Forecourt Africa unites petroleum players at Petro.T.ex Africa 2011

 Next year’s Petro.T.ex Africa exhibition will, for the first time, unite petroleum refineries and forecourt retailers – two interlinked components of South Africa’s petroleum industry – under one roof.

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