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World Oil News
TechnipFMC has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0® production systems for the Bonga North development in Nigeria. Source
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The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. Source
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ADNOC Drilling has announced the closing of the Turnwell Industries joint venture between ADNOC Drilling, SLB and Patterson-UTI. Source
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The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) have issued separate statements in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. Source
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After extensive reviews of public comments and stakeholder input, the Railroad Commission of Texas has adopted a significant overhaul of rules regulating oil and gas waste management facilities in Texas. Source
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The American Petroleum Institute (API) today released a statement from President and CEO Mike Sommers in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports. Source
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Petro-Victory Energy Corp. has announced the signature of an exclusivity agreement with Brava Energia S.A. for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin. Source
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Elementz, a new Aberdeen-based company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one. Source
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(Bloomberg) – Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. Source
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Capex trends all demonstrate that investors won’t limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa. African Energy Chamber’s Executive Chairman, NJ Ayuk, gives his take on oil and gas trends in this opinion piece. Source
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