Shell is seeking a rig for high pressure, high temperature duties in Nigeria, according to Upstream. According to a recent tender the tendering opportunity for the provision of one special capability jack up drilling and workover rig for SPDC. The proposed contract will commence in Q3,2021 and remain active for two years primary duration, followed…

Total is seeking downhole equipment for its operations in OML 130 in Nigeria according to Upstream. According to a recent tender, Total has  issued the tender opportunity to interested and reputable contractors with suitable equipment and relevant experience for consideration to tender for the supply of casings and tubings for its Deep Offshore OML 130…

President of Nigerian Association of Petroleum Explorationists(NAPE),Engr.Alex Tarka,has disclosed that there is significant oil exploration going on in the nation’s Benue trough despite the effect of COVID-19 on the nation’s economy. He also said the exploration is being executed by the Nigerian National Petroleum Corporation(NNPC) and attracting the attention of the International Oil Companies who…

Taleveras has joined a growing list of global trading firms increasing their presence in the liquefied natural gas market, raising its delivery volumes by almost 30 per cent year on year. At the South Asian Gas and Power Roundtable event on Wednesday, Carolina Bermudez, a senior executive at Taleveras stated that global LNG demand would…

The Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited (DIL), Mr. Devakumar Edwin, has challenged the Federal Government to deploy new strategy to unlock the potentials and maximize the use of the available vast natural gas resources to improve the nation’s economy. Edwin said there was the need to find ways…

Oil prices extended losses to about three per cent on Friday after U.S. President Donald Trump said he has tested positive for COVID-19. Agreement on a U.S. stimulus package also eluded negotiators amid ongoing worries about demand. Brent crude slipped on the Trump news and was down $1.12 or 2.7 per cent at $39.81 a…

There is need for an Oil &Gas Bank in Nigeria, in the opinion of a cross section of stakeholders in the country’s E&P sector. “It is imperative for government to encourage the licencing of an Oil &Gas Bank”, declared Tunde Afolabi, Chairman of Amni International, giving a keynote address at a webinar on funding for…

The Oyo State Government said on Thursday that it had signed a Memorandum of Understanding with Shell Nigeria Gas for the laying of gas pipeline infrastructure in the state. Governor Seyi Makinde, shortly after the signing of the MoU, said the partnership was an indication that the policies of his government would expand the economy…

Spain’s largest gas group Naturgy said Sept. 29 it has agreed with one of its principal LNG suppliers to revise the conditions on two supply contracts, without naming the counterparty, and that it is in talks to modify other deals. Under the terms of the agreement, the two parties have agreed to revise the supply…