Niger Delta Avengers claim responsibility for NNPC pipeline attack

MHWirth agrees to sell MPO to AFGlobal

MHWirth agrees to sell MPO to AFGlobal

Tuesday, 26 July 2016 09:20

MHWirth, subsidiary of Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its managed pressure drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO)

Collapse in oil revenues for Chad: IMF report

Collapse in oil revenues for Chad: IMF r…

Tuesday, 26 July 2016 07:28

Low oil prices and falling oil revenues have contributed to underperformance in the economy of Chad, according to a report by the International Monetary Fund (IMF)

Avon Peaking Power facility a boost for South Africa gas

Avon Peaking Power facility a boost for …

Monday, 25 July 2016 14:16

The gas-fired Avon Peaking Power facility in the KwaZulu-Natal province, along with its sister plant, the Dedisa facility in Port Elizabeth, has reached commercial operation, adding 670 MW of power...

Djibouti, IDB sign US$75mn agreement to reduce fuel prices

Djibouti, IDB sign US$75mn agreement to …

Friday, 22 July 2016 07:26

Djibouti has approved a US$75mn financing agreement with the International Islamic Trade Finance Corporation (IFTC), a unit of Saudi Arabia-based Islamic Development Bank (IDB) to help the nation to buy...

Tanzania adopts bulk procurement system for LPG

Tanzania adopts bulk procurement system …

Thursday, 21 July 2016 08:52

The government of Tanzania has adopted bulk procurement system for the importation of liquefied petroleum gas (LPG) in the country, effective from September this year

UAE minister highlights need for more investment in global oil and gas sector

UAE minister highlights need for more in…

Wednesday, 20 July 2016 07:02

At a recent gathering in Abu Dhabi for members of the Middle East Petroleum Club (MEPC), senior officials highlighted that long-term investments and using the skillset and resources from within...

Woodside buys ConocoPhillips' Senegal oil interests

Woodside buys ConocoPhillips' Senegal oi…

Friday, 15 July 2016 07:52

Australian energy giant Woodside has entered into a purchase and sale agreement (PSA) with ConocoPhillips in Senegal

Emerson partners with StepChange Global

Emerson partners with StepChange Global

Thursday, 14 July 2016 11:10

Emerson and StepChange Global have combined technology and consulting expertise to help producers increase production by developing best practices with Integrated Operations (iOps) and Digital Oilfield

Algeria's new energy minister set to focus on gas sector

Algeria's new energy minister set to foc…

Thursday, 14 July 2016 08:05

Algeria’s newly appointed minister of energy and mining will focus on increasing gas production, according to PGI Intelligence’s latest Insight report on the recent cabinet reshuffle and the outlook for...

Well integrity assurance service aims to save costs

Well integrity assurance service aims to…

Wednesday, 13 July 2016 11:13

Well-examination services are essential for successful oil and gas operations and these can be made more efficient if they are integrated

South Sudan oil revenue drops amid renewed conflict

South Sudan oil revenue drops amid renew…

Tuesday, 12 July 2016 10:22

South Sudan oil revenues have dropped by 75 per cent in June to US$60 million a month and the International Monetary Fund has warned of economic ruin for Africa's newest...

Nigerian government ready to work with foreign companies, says committee chair

Nigerian government ready to work with f…

Monday, 11 July 2016 17:30

The Nigerian government is 'ready to work with foreign companies from abroad', a Government committee chairman has said

Angola updates fiscal projections based on oil price fluctuations

Angola updates fiscal projections based …

Monday, 11 July 2016 16:44

The Angolan Ministry of Finance has published an update of its budgetary performance with adjustments made to take fluctuating oil prices into account

Libyans urged to work together to restore oil industry

Libyans urged to work together to restor…

Monday, 11 July 2016 10:45

Libyans have been urged to work together to restore the country's oil production industry in a joint statement by six governments

Uganda-Tanzania pipeline construction to begin in 2017

Uganda-Tanzania pipeline construction to…

Monday, 11 July 2016 10:44

Uganda's energy minister Irene Muloni has stated that the construction of the Uganda-Tanzania crude oil export pipeline is scheduled to start in January 2017

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