UK-based produced water treatment specialist Adaptive Process Solutions (APS) has conducted a field trial of its microbubble infusion unit (MiFU) technology aboard a floating production, storage, and offloading installation (FPSO) vessel in the North Sea, resulting in lower oil in water (OiW) levels.
Guyana raised its crude oil production by an annual average of 98,000 barrels per day from 2020 to 2023, making the South American country the third fastest growing producer outside the Organization of the Petroleum Exporting Countries in the three-year period, the United States Energy Information Administration (EIA) reported Tuesday.
Portuguese energy firm Galp has signed an agreement with Abu Dhabi National Oil Company (ADNOC) for the sale of 10% stake in Area 4, offshore Mozambique.
Nigeria produced 159,158,191 barrels of crude oil in the first four months of 2024; data by the Nigerian Upstream Petroleum Regulatory Commission has shown.
Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr Steve Manteaw, has called on the government to bring some predictability to the regulations governing the operations of companies in the oil sector.
Former Deputy Energy Minister John Abdulai Jinapor has revealed that investors in the petroleum sector are avoiding Ghana, perceiving it as a “hostile investment destination.”
Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark crude futures.
osneft’s ROSN.MM Black Sea oil refinery in Tuapse resumed operations on Sunday after a drone attack on May 17, an industry source familiar with the plant’s work told Reuters.
The Federal Government has announced the commencement of allocation of the 2024 oil block licensing round. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, said the 2024 block licensing round would last for approximately nine months.
TotalEnergies and partners Petronas and Sonangol have taken FID on the Kaminho oil project in Block 20/11 offshore Angola.