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Newsletter
13th November 2017
 Eni to expand its operations in Angola Eni to expand its operations in Angola

Claudio Descalzi, CEO of Eni, has met with João Gonçalves Lourenço, the President of the Republic of Angola, to discuss Eni's operational activities and initiatives in the country to enhance access to energy and socio-economic development

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 Well intervention and P&A market booms offshore West Africa SPONSOREDWell intervention and P&A market booms offshore West Africa

With oil reserves of 129.1 billion barrels, Africa holds 7.6 per cent of the world's proven reserves. More specifically, the West Coast of Africa is home to the continent's two largest producing countries, Nigeria and Angola, while Equatorial Guinea, the Congo and Gabon have proven oil reserves not dissimilar to those found in the United Kingdom

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 Total acquires Engie’s upstream LNG business Total acquires Engie's upstream LNG business

Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets, which is set to make it the second largest global LNG player

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 Africa Petroleum Club to host Big Five Board Awards in London Africa Petroleum Club to host Big Five Board Awards in London

Africa Petroleum Club is to host the Big Five Board Awards with Oil Review Africa as lead media partner on 16 November 2017 at the Royal Institute in London, aiming to highlight personal and corporate achievements in the petroleum sector

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 Aiteo announces OML 29 is not for sale Aiteo announces OML 29 is not for sale

A spokesperson for the Aiteo Group has denied a number of rumours and reports which state OML 29 had been put up for sale to repay a loan

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 USTDA connects American companies to explore LNG opportunities in South Africa USTDA connects American companies to explore LNG opportunities in South Africa

The US Trade and Development Agency has awarded a grant to the GreenCape Sector Development Agency to assess the market demand, socio-economic impacts and risks of a proposed integrated liquefied natural gas (LNG) importation and gas-to-power project in South Africa's Western Cape Province

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 OVH Energy launches Lagos midstream jetty OVH Energy launches Lagos midstream jetty

OVH Energy, a licensee of the indigenous oil and gas company Oando retail brand, has launched its Lagos Jetty on 7 November 2017

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 Eni to extend operational activities in Ghana Eni to extend operational activities in Ghana

Claudio Descalzi, CEO of Eni, has met with Nana Addo Dankwa Akufo-Addo, the President of the Republic of Ghana, in Accra to discuss Eni's operations in the country, where operational activities are complemented by programmes to enhance access to energy

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 Steering committee announced for WAIPEC 2018, hosted by Nigeria Steering committee announced for WAIPEC 2018, hosted by Nigeria

The steering committee has been announced for the 2nd West African International Petroleum Exhibition and Conference (WAIPEC) 2018, representing a cross section of key senior business leaders and stakeholders from across Nigeria's oil and gas sector

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 Bob Reid joins Belltree as non-executive director Bob Reid joins Belltree as non-executive director

Edinburgh-based oil and gas consultancy Belltree has announced the appointment of Bob Reid as its non-executive director

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 Digitalisation set to transform global energy system Digitalisation set to transform global energy system

Digital technologies are set to transform the global energy system in coming decades, making it more connected, reliable and sustainable, according to a new report by the International Energy Agency's (IEA) Digitalisation and Energy

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 Nigeria to make more policy changes for developing country’s economy: Osinbajo Nigeria to make more policy changes for developing country's economy: Osinbajo

After Nigeria ranked significantly in the World Bank's recent ease of doing business report, Yemi Osinbajo, vice-president of Nigeria, has commended Buhari administration for its reforms and stated that the government will continue its reform agenda to keep improving the nation's economy

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 Caterpillar introduces new gas engine for higher fuel efficiency Caterpillar introduces new gas engine for higher fuel efficiency

Texas-based Caterpillar Oil and Gas has announced its new Cat G3516 TA gas engine, aiming to provide high fuel efficiency and low emission output for the customers

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 PwC: Africa’s oil and gas industry needs to ‘learn to leapfrog’ PwC: Africa's oil and gas industry needs to 'learn to leapfrog'

PwC's Africa oil and gas review, 2017 analyses what has happened in the last 12 months in the oil and gas industry within the major and emerging markets

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World gas production increased by 0.7 per cent: Eni World gas production increased by 0.7 per cent: Eni

In 2016, world gas reserves were increased by 0.9 per cent, driven by the US, Nigeria and Iraq, and world gas production was increased by 0.7 per cent, driven mainly by new Australian LNG plants, according to Eni's second volume of the world oil and gas review

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 Investment in infrastructure needed to support African oil and gas development Investment in infrastructure needed to support African oil and gas development

Infrastructure investment of US$150bn over the next eight years is required for Africa to meet energy demands, according to Steve Lowden, chairman, NewAge

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 How two petrochemicals plants improved levels and flow measurement with Magnetrol How two petrochemicals plants improved levels and flow measurement with Magnetrol

Managing petrochemical plants requires monitoring a variety of complex processes

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 Employment report shows a return of confidence in the oil and gas market Employment report shows a return of confidence in the oil and gas market

After a tough four years, new research by recruiter NES Global Talent and oilandgasjobsearch.com shows that for the first time since 2014, the oil and gas industry expects more new jobs to be created than lost over the next 12 months

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 Konecranes receives repeat order to supply two floating cranes Konecranes receives repeat order to supply two floating cranes

Konecranes, Finnish manufacturer and service provider of cranes and lifting equipment, has received a repeat order for two Konecranes Gottwald Model 8 Floating Cranes from Winning Logistics Company Limited in the Q3 2017

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 GTT receives order to design LNG fuel tanks for nine biggest container ships GTT receives order to design LNG fuel tanks for nine biggest container ships

Hudong-Zhonghua Shipbuilding, member of China state shipbuilding corporation conglomerate, and CMA CGM, a French container transportation and shipping company, have selected engineering company GTT, for the design of cryogenic tanks for nine LNG-fuelled container ships

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 LTE subscriptions in sub-Saharan Africa rise to 310mn by 2023 LTE subscriptions in sub-Saharan Africa rise to 310mn by 2023

The Ericsson Mobility Report projects that LTE subscriptions will rise by 47 per cent from 30mn in 2017 to 310mn by 2023 in sub-Saharan Africa

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