Nigeria to Award 45 Gas Flare licenses in June
As part of its efforts to end gas flaring in Nigeria and increase its gas footprint, the Federal Government of Nigeria will grant 45 licenses to qualified bidders in June...
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Oil Prices Rose on Monday Amid European Economies’ Reopening
Oil prices rose on Monday, May 24, 2021, kicking off the week on a positive note and continuing the steady recovery of oil prices as major economies across Europe reopen...
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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...
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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...
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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...
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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...
Read More 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...
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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...
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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...
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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...
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