Blog - Page 56 of 123 - Ibe Kachikwu

24th May 2021

Baker Hughes and Petrojet Have Signed an Agreement to Cooperate in Egypt

Baker Hughes and Egypt's Petrojet have signed a memorandum of understanding (MoU) to expand their collaboration in the areas of supplying specialised petrochemicals including well efficiency, petrochemical transportation, warehouse tests, sulfur...

22nd May 2021

Seplat Petroleum Development Company to Change its Name to “Seplat Energy Plc”

At the annual general meeting of Seplat Petroleum Development Company Plc that held in Lagos, Nigeria, on 20th May 2021, shareholders of the company approved the change of name to...

22nd May 2021

Sonatrach and Sinopec Sign MoU to Strengthen Partnership on Zarzaitine, Algeria

The Algerian oil company, Sonatrach, and its Chinese partner, Sinopec, have signed a memorandum of understanding (MoU) to show the commitment of both parties to consolidate their existing relations, to...

21st May 2021

Total to Change its Name to “Total Energies”

At the 5th Sub Saharan African International Petroleum Exhibition and Conference (SAIPEC) organised by the Petroleum Technology Association of Nigeria (PTAN), the Chief Executive Officer of Total, Mike Sangster, disclosed...

21st May 2021

Vaalco Records Production Increase in Q1 2021; Set to Drill Two Wells and Appraise Two Potentials

After a massive increase of 113% of the oil produced and sold in the first quarter of 2021 compared to the same period in 2020, Houston-based oil company, Vaalco, is...

20th May 2021

ANGOLA: Eni and bp Sign MoU to Collaborate on Development of Angolan Upstream Sector

Italian oil and gas company, Eni, and British Petroleum (BP) have announced that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their...

20th May 2021

Shell in Talks with Nigerian Government Over Onshore Oil Fields in the Niger Delta

With issues such as its spill-prone operations that are not compatible with its plans to go green and to achieve net-zero carbon emissions by 2050, Anglo-Dutch company, Royal Dutch Shell...

19th May 2021

Equinor and Sonatrach Sign E&P MoU; Impact Oil & Gas Completes Farm-in in South Africa

Norway's Equinor and Algerian state-owned oil company, Sonatrach, have signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and abroad. The...

19th May 2021

Oil Prices Topped $70 for the First Time Since March

For the first time since March 2021, oil prices rose to $70 per barrel following the re-openings of European and U.S. economies and expected rise in demands. The British economy...

18th May 2021

AGIP Shuts Down Oilfield in Bayelsa Due to Leakage

Last week, the Nigerian Agip Oil Company (NAOC) confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni, Yenagoa Local Government Area of Bayelsa State, which caused...