TechnipFMC deems the contract to be a “significant” one since it is between $75 million and $250 million. Thanks to this deal, the company will supply subsea production systems for Azule Energy’s Block 18 Infills development, offshore Angola.
ABUJA, Nigeria (AP) — A new oil spill at a Shell facility in Nigeria has contaminated farmland and a river, upending livelihoods in the fishing and farming communities in part of the Niger Delta, which has long endured environmental pollution caused by the oil industry.
Equinor, ExxonMobil, Occidental Petroleum and Schlumberger are examining how their technology could be used to process lithium.
Equatorial Guinea, a small nation located on the west coast of Central Africa, has been steadily emerging as a significant player in the global energy market.
Crude oil demand is set to rise to 110 million barrels daily by 2045, which would be a 23% increase from current levels.
The assurance is contained in a statement issued on 24 June under the hand of both the board of directors and the management of TOR
Trillion Energy International has announced recompletion of the West Akcakoca-1 gas well resulting in an increase of production to 5.3 MMcf/d at the SASB gas field, offshore Turkey. Two additional gas bearing intervals, 3,561.5 to 3,564.5 metres MD (measured depth) and 3,498.5 to 3,501.5 metres MD, for a total of 6 metres were perforated and put onto production at about 5.3 […]
It was meant to be an arrangement by which Nigeria swapped crude oil for refined petroleum products but now it has emerged the country has accumulated up to $3 billion in debts owed to trading houses such as Vitol and oil majors like BP for fuel supplies.
A glut of unsold Nigerian oil has built up again with as much as half of output due to be loaded next month still searching for buyers.
China’s longest deepwater oil and gas pipeline has entered the final stage before operation, following the completion of work on laying the submarine long-distance pipeline in waters off South China’s Hainan Province on Saturday, according to China Media Group (CMG).