Nigeria
Tortue discovery paves Harvest way to Dussafu FPSO The Houston-based Harvest Natural Resources (Harvest) and its partner Panoro Energy (Panoro) from Norway hit pre-salt crude oil again with the Tortue discovery in the Dussafu Marin License offshore Gabon. This success paves the way to Harvest and Panoro to consider the floating production, storage and offloading […]
Saipem won EPC contract for Nigeria Edo fertilizer Based in Lagos, Nigeria, the Dangote Group (Dangote) has selected the Indian Tata Consulting Engineering company as project manager consultant (PMC) for its Edo Fertilizer project in Nigeria. Estimated to require $1.9 billion capital expenditure, this Edo Fertilizer project is given as to build the largest Fertilizer plant in Africa. […]
Mzia successful appraisal to justify BG two LNG trains The BG Group (BG) and its partner Ophir Energy (Ophir), both from UK, are pilling up natural gas reserves along their on going appraisal campaign offshore the east coast of Africa to the point to double the size of their liquefied natural gas (LNG) project in […]
A major integrated energy company Registered in Roma, Italia, Eni S.p.A. (Eni) is a national oil company with 33% shares owned by the Italian Government and 67% listed in the Milan Stock Exchange, Italy and on the New York Stock Exchange. With operations in 85 countries and 79,000 employees, Eni is developing an extensive integrated business model […]
Eni, Vitol and GNPC to develop Ghana offshore gas Eni from Italy, Vitol from Switzerland and the National Oil Company Ghana National Petroleum Corp (GNPC) have signed a Memorandum of Understanding (MOU) to develop the Offshore Cape Three Points (OCTP) Blocks offshore Ghana. This MOU follows the discoveries by Eni and its partners of significant recoverable reserves […]
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which […]
Definition Proven reserves is an industry term that means oil or gas that has been discovered and could be produced with today’s technology. Comments The world consumes about 89 million barrels of oil per day, or 32.5 billion barrels per year. The industry describes a field as giant if it has more 500 million barrels of […]
IECEx addresses safety issues in the Ex field. The IECEx, the IEC System for Certification for Standards relating to Equipment for Use in Explosive Atmospheres, and ESMA (Emirates Standardization and Metrology Authority), in conjunction with UNECE (United Nations Economic Commission for Europe), have organized the 2012 IECEx International Conference in Dubai, United Arab Emirates, on last 20-21 March 2012. The conference […]
