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Africa has ‘Central Role’ to Play in India’s Oil Supply Diversification – Dharmendra Pradhan

Speaking to an industry summit, the Indian Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan, said African countries could be key to India's bid to diversify its primary...
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Mozambican Government and Total Agree to Restart LNG Project in Afungi

The government of Mozambique and French oil and gas group, Total, have announced that construction work is due to resume on the natural gas liquefaction plants on the Afungi Peninsula,...
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Invictus Energy Raises AUS8 Million Placement for Seismic Acquisition in Zimbabwe

Invictus Energy announced that it had received firm commitments from new and existing institutional and sophisticated investors to raise A$8 million (before costs) by way of a share placement. Under...
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Bid Winners of Nigeria’s Marginal Oilfield Round Have Started Paying Signature Bonuses

The Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, said almost 50% of the companies who won the bid for the fifty-seven (57) marginal oilfields have paid their...
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Bureau Veritas Completes Classification of Torman LNG FRU at Tema Port, Ghana

Classification society, Bureau Veritas, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana. The unit is combined with a floating storage unit (FSU)...
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ADM Energy Acquires Interest in OML 141, offshore Nigeria

Natural resources investment company, ADM Energy, has announced it has reached a conditional agreement to invest in the Barracuda oil field in OML 141, offshore Nigeria, through an acquisition of...
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Saudi’s Aramco Reports 44% Slide in its Net Profit for 2020

In a statement to the Tadawul Stock Exchange, where the Company shares trade, the world's largest oil-exporting company, Saudi Aramco, has reported a 44% slide in net profit for 2020...
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Angolan Oil Revenues Increased by 8.7% in February

According to available data from the Special Taxation Department (DTE) of the General Tax Administration, published on the official website of the Angolan Ministry of Finance, fiscal oil revenues increased...
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BW Energy Awards Zentech Jack Up Rig Conversion Job, for Deployment in West Africa

Zentech Inc. has been awarded the Shipyard Construction Specification Preparation contract by BW Energy for the Conversion of the Jack-up Rig ‘Hibiscus Alpha’ (ex- BORR Rig “ATLA”) to an Offshore...
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Total Awards ABB Ltd. Electrification Contract for Mozambican LNG Project

Power, electrical equipment and automation technology Group, ABB Ltd, has secured a contract to deliver an end-to-end electrification package for Total's LNG project in Mozambique. The Mozambican project is to...
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