Downstream

Hansa Heavy Lift transports giant carousel to Nigeria’s Egina oil field

HHL 22Germany-headquartered Hansa Heavy Lift (HHL), global provider of marine lifting solutions for cargo weighing, has transported a giant carousel together with eight reels, weighing a total of 3,508.7 mt, from the UK’s Newcastle to Nigeria’s Egina oil field

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ExxonMobil acquires 30 per cent stake in Namibia’s offshore oil block

azimanExxonMobil Namibia (PEL44) Limited, an affiliate of ExxonMobil Corporation, has entered into an agreement with Azinam Limited, Namibian oil and gas explorer, to acquire a 30 per cent interest in petroleum exploration licence (PEL) 44, offshore Namibia

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Wentworth achieves US$10.79mn gas sales revenue of Tanzania asset in H1 2018

mnazi 17Wentworth Resources Limited, an independent East Africa-focused oil and gas company, has achieved Mnazi Bay gas sales revenue of US$10.79mn in H1 2018, up 112 per cent compared to H1 2017

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Nigeria restores investors’ confidence in oil and gas

baru gmdNigerian National Petroleum Corporation’s (NNPC) decision to seek alternative financing models for funding its joint venture (JV) obligations has continued to restore confidence among investors, stimulating further Foreign Direct Investments (FDI) in Nigeria’s oil and gas industry

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Bureau Veritas issues new guidelines for conversion of existing LNG carriers

Bureau VeritasSouth Africa based international certification agency Bureau Veritas has issued new FSU notations and guidance to support the construction and operation of Floating Storage and Regasification Units (FSRUs) and Floating Storage Units (FSUs)

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