OPEC reaches agreement on production cut

opecmeetingnovOil prices rose above US$50 a barrel following OPEC’s historic agreement at its November 30th Meeting in Vienna to cut production for the first time since the global financial crisis eight years ago

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Using screw pumps to overcome tank terminal issues

fig1Especially in times of unpredictable oil price fluctuations over the recent years, tank terminals are experiencing a boisterous development. All over the world new tank terminals have been built and more are planned, to meet the growing demand for crude, and refined oil products

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Oando group CEO global and African perspectives at ADIPEC

Wale Tinubu at World Economic forumWale Tinubu, group CEO of Oando, addressed the ADIPEC conference, held in Abu Dhabi this week, on the challenges and opportunities facing the Nigerian oil and gas industry

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Tullow builds a secure position on the West African margin

6842189405 037fbf7810 zA substantial prospect inventory in the Mauritanian offshore with significant oil potential has been built up by Tullow across a range of emerging plays

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Somalia announces first oil block bid round at Africa Oil Week

9457506092 3374c80408 zIn Q2 of 2017, Somalia is expected to launch its first oil block bid round, it was announced this week in Cape Town during the Africa Oil Week conference

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