COPL receives project financing term sheet for Nigerian oil and gas assets

COPL 31Shoreline Canadian Overseas Petroleum Development Corporation (ShoreCan), a joint venture company of Canadian Overseas Petroleum Limited (COPL), has received project financing term sheet for Essar Exploration and Production Limited (Nigeria) (Essar Nigeria)

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MoU between Sudapet and State Oil Corporation not to be extended

sudapet 30Canada-based Stamper Oil & Gas Corp has concluded that the MoU agreement between State Oil Corporation and Sudapet Company Ltd, the national oil company of Sudan, will not be extended

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Oil reserves decreased 0.2 per cent in 2017: Eni

oil rig eni 30In 2017, oil reserves decreased slightly (-0.2 per cent) mainly due to reduction in some OPEC countries, according to Eni’s 17th edition of the ‘World Oil, Gas and Renewables Review,’ the annual statistics report on oil, natural gas and renewables sources

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TechnipFMC’s revenue down by 29.6 per cent in Q2 2018

TechnipFMCs 27TechnipFMC’s net income has reached at US$105.7mn from projects across the globe, said the company announcing the second quarter 2018 results

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Unique Group forms JV for West Africa’s oil and gas sector

unique portUnique Group, one of the world’s leading integrated subsea and offshore solution providers, has formed a joint venture (JV) with Nigeria-based Charkin Maritime & Offshore Safety Ltd, aiming to provide a full range of oil and gas services in Nigeria and Sub-Saharan Africa

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