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).
Energy market reforms in Guyana have been gaining momentum in recent years, as the country seeks to diversify its energy sources, reduce its dependence on imported fossil fuels, and promote sustainable development.
Tullow and the Jubilee Partners are working to increase daily average production to over 100,000 barrels of oil per day (bopd) from the Greater Jubilee Field during the second half of 2023, when the Jubilee South-East (JSE) Area development is up and running.
Oilfield services company Baker Hughes has secured a contract from oil and gas supermajor, Eni, and state-owned National Oil Company, Petroci, to deploy its deepwater technology for the multi-phase Baleine project, offshore Ivory Coast.
Mr Herbert Krapa, a Deputy Minister of Energy, says the need for Ghana to switch to Electric Vehicles (EVs) in the next few years is not a lifestyle choice but a necessity for survival.
As part of his commitment to establishing more oil and free zones to boost the nation’s economy, the Managing Director and Chief Executive Officer of the Oil and Gas Free Zones Authority (OGFZA), Sen. Tijjani Y. Kaura, seeks collaboration with the Rivers State government towards the development of Ikpokiri island, a green field with latent potential for wealth and job creation.