Baker Hughes, a GE company has been awarded a contract by the South Gas Company of Iraq (SGC) for fast-track solutions to help the recovery of flare gas for Nassiriya andAl Gharraf [Garraf] oilfields. The importance of the project was highlighted by the attendance of several high-level officials, including Jabbar Al-Luaib, the Minister of Oil of Iraq, at the agreement-signing ceremony. As per the
Shell will start production from its two offshore wells at West Nile Delta field 9B in the first half of October 2018, according to oil minister Tarek El Molla, Egypt Oil & Gas reports. The company will also finish drilling eight production wells and two exploratory wells in Q3 2019. By then, the project’s productivity
The Angolan State Oil Company (Sonangol) announced today it has signed a memorandum of understanding with two foreign aviation companies to restructure its own Sonair Company, which ensures air transport in the sector. The document was signed on Wednesday by the chairman of Sonangol’s board Carlos Saturnino and Daniel Sigaud by the Luxembourg consortium Heliconia
The crude oil refinery being built in Lagos by Dangote Industries Limited is a threat to refineries in Europe, which Nigeria relies mostly on for fuel imports, a global provider of energy and commodities information has said. The Editorial Director, Strategic Oil Markets Development, S&P Global Platts, Andrew Bonnington, said at the S&P Global Platts
KBR (formerly Kellogg Brown & Root), a global provider of differentiated professional services and technologies, has been awarded a Liquefied natural gas (LNG) FEED contract by Nigeria Liquefied Natural Gas (NLNG) for further expansion of the Bonny Island LNG plant at Bonny Island, Nigeria. Under the terms of the contract, KBR, as leader of the Bonny7JV with partners TechnipFMC
Eni has announced a second light oil discovery on the B1-X exploration prospect located in the South West Meleiha license, located in Egypt’s Western Desert, the company announced in a press release. The well has delivered 5,130 barrels of light oil per day with low associated gas. It is the second well drilled by Eni to
Brazil’s state-run oil company Petróleo Brasileiro SA (PETR4.SA) has lifted restrictions on doing business with certain units of the engineering firm Odebrecht SA [ODBES.UL], Petrobras said in a securities filing on Friday. Petrobras’ board of directors approved the measure at a board meeting on Thursday, the filing said. Odebrecht has been at the center of
Dutch marine engineer SBM Offshore has won a contract to supply a new production vessel for oil major Exxon Mobil in Guyana, setting its shares on track for their biggest gain in nearly two years. Under the terms of the deal, SBM will engineer and design a second floating production, storage and offloading vessel (FPSO)
Energy services company TechnipFMC said it would work alongside Total at a prospect the French supermajor said marked a new chapter offshore Angola. The French services company said it secured an engineering, procurement and construction contract in the deepwater Zinia field offshore Angola, a member of the Organization of Petroleum Exporting Countries. Total leads a
Libya’s National Oil Company said on Friday it expected to halt operations at two key export terminals this weekend, slashing crude output by a total of about 800,000 barrels per day (bpd). The announcement came after Libya’s unity government on Tuesday urged the UN to block any “illegal” oil exports from the chaos-hit country after