Forum Energy Technologies (FET) has appointed OGEQUIP to represent its subsea operations in Brazil, further strengthening FET’s position in South America. Under the partnership, OGEQUIP will deliver FET’s Subsea Technologies product line business development, technical and administrative support. SourceContinue Reading
The Global Energy Show Canada (GESC) concluded after three days of high impact discussions and industry innovations. Held at Calgary’s BMO Centre, the event brought together over 36,387 attendees and nearly 400 exhibitors from across the energy value chain. SourceContinue Reading
African E&P Petralon Energy is on track to boost Nigerian crude production by a further 2,500 bpd, following drilling activities at the Dawes Island field. The company has recently completed a new well at the field aligning with plans to maximize output at the field. SourceContinue Reading
JDR Cable Systems (JDR) has secured a significant service contract by Larsen & Toubro (L&T), through which JDR will test 14 umbilical cables for offshore platforms in the Middle East, covering two major work scopes across multiple offshore platforms. SourceContinue Reading
Gabon’s newly-appointed Minister of Oil & Gas has committed to unlock new resources across the country’s oil and gas sector but shifting focus towards deepwater exploration. SourceContinue Reading
bp has signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oil fields in Libya’s Sirte basin and to understand the wider unconventional oil and gas potential within the country. SourceContinue Reading
Environmental advocate group Greenpeace has spoken out against the African Energy Chamber (AEC) and Africa’s energy sector, citing the continent’s efforts to accelerate development as a coordinated attack on the right to dissent, the AEC said on Monday. SourceContinue Reading
Oil prices reduced earnings by about $1 billion while gas contributed another $500 million hit when compared to the first quarter, ExxonMobil in a statement Monday, noting that a volatile quarter for commodity prices has weighed on second-quarter profits. SourceContinue Reading
Eni’s CEO met with the Algerian President on Monday to discuss the company’s activities in the country, including gas production and future investments. During the visit, Eni and its partner Sonatrach signed a new hydrocarbons contract for the Zemoul El Kbarunder area worth an estimated $1.35 billion. SourceContinue Reading
bp Plc has appointed Simon Henry, a longtime Shell veteran, to its board of directors as the UK energy giant seeks to expand its oil and gas expertise. Henry left Shell in 2017 after 35 years during which he held the role of chief financial officer and board member. SourceContinue Reading
