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… FG to compel operators to refine 20% of production …70% of modular refineries to be fabricated in-country The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Thursday performed the groundbreaking of a 5,000 barrels of crude oil per day (bopd) modular refinery being developed by Waltersmith Refining and Petrochemical Company at …
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The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that …
By Kish Onwunali, Abuja Bureau Chief The highest production that the Nigeria Liquefied Natural Gas (NLNG) Ltd has delivered to the market in one calendar year is 21Million Tonnes (21MMTPA) and that was achieved in 2017. “From a production stand point, 2017 was our best year. That was the year that we produced the …
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Germany has not been identified with a large, influential independent oil and gas company. The proposed merge of LetterOne and BASF attempts to change that premise. The two companies have signed a Business Combination Agreement to merge their oil and gas businesses and create Wintershall DEA. Closing of the transaction is subject to customary …
Work is far advanced on alternatives to the “renowned” Bonny Terminal Nigerian companies pumping crude oil into the Nembe Creek Trunk Line (NCTL) have advanced so much in progressing alternative routes that several sources are “so sure” that there will be hardly a drop of crude pumped into that line by June 2020. The …
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by Bloomberg Dina Khrennikova, Jack Farchy and Elena Mazneva https://platform.twitter.com/widgets/tweet_button.80bd64d844f96cc4f6611a0bf277d8c0.en.html#dnt=false&id=twitter-widget-0&lang=en&original_referer=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F&size=m&text=Trump%20Request%20for%20Max%20OPEC%20Output%20May%20Backfire%20%C2%A0%7C%C2%A0Rigzone&time=1538675749597&type=share&url=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_TW%26utm_campaign%3DSHARE_DESKTOP&via=rigzone https://web.facebook.com/v2.3/plugins/share_button.php?app_id=&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fconnect%2Fxd_arbiter%2Fr%2F30jx6e8KIxc.js%3Fversion%3D42%23cb%3Df32898d5c73ce88%26domain%3Dwww.rigzone.com%26origin%3Dhttps%253A%252F%252Fwww.rigzone.com%252Ff26ebb62c360884%26relation%3Dparent.parent&container_width=0&href=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_FB%26utm_campaign%3DSHARE_DESKTOP&layout=button_count&locale=en_US&sdk=joey inShare https://apis.google.com/u/0/se/0/_/+1/sharebutton?plusShare=true&usegapi=1&action=share&annotation=bubble&origin=https%3A%2F%2Fwww.rigzone.com&url=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_GP%26utm_campaign%3DSHARE_DESKTOP&gsrc=3p&jsh=m%3B%2F_%2Fscs%2Fapps-static%2F_%2Fjs%2Fk%3Doz.gapi.en.5p8MBI8P47Q.O%2Fam%3DwQ%2Frt%3Dj%2Fd%3D1%2Frs%3DAGLTcCM25mVkrj5p2mvFhcuUwf96gWeLgQ%2Fm%3D__features__#_methods=onPlusOne%2C_ready%2C_close%2C_open%2C_resizeMe%2C_renderstart%2Concircled%2Cdrefresh%2Cerefresh%2Conload&id=I0_1538675748828&_gfid=I0_1538675748828&parent=https%3A%2F%2Fwww.rigzone.com&pfname=&rpctoken=43482832 The Trump administration is commanding OPEC to run the printing presses at full speed. (Bloomberg) -- If OPEC is the central bank of oil, then the Trump administration is commanding it to run the printing presses at full speed. …
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Source: Aker Solutions Norwegian oilfield services provider Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance, and operations support for BP’s Greater Plutonio and PSVM fields offshore Angola. Aker Solutions said on Thursday that the scope of work covers the supply of engineering, procurement, and construction services for brownfield projects on …
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Delmar Systems, a U.S. offshore mooring and subsea services company, has been awarded a mooring contract for the Development Driller III at ExxonMobil’s locations offshore Equatorial Guinea. Development Driller III; Image by: U.S. Coast Guard photo by Petty Officer 3rd Class Patrick Kelley; Source: Wikimedia (this image is cropped) Delmar has said that it will provide engineering …
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by Bloomberg Sherry Su (Bloomberg) -- China is set to boost its crude imports from West Africa to the highest in at least seven years this month as the trade war with the U.S. prompts the Asian nation’s refiners to find alternatives. Chinese refiners have bought about 1.71 million barrels a day of crude for …
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by Bloomberg Paul Burkhardt & Elisha Bala-Gbogbo Billionaire Aliko Dangote is building a 650,000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7 billion annual fuel-import bill. Such is the pressure on its finances, the government is pursuing another option, giving licenses to mini refineries, some with capacity of as little as …
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