Technical Focus

Eni signs West African offshore rig contract with Hercules Offshore

Hercules 260US-based provider of offshore contract drilling services Hercules Offshore has signed a five-year contract with Italian oil and gas major Eni to provide Hercules 260 jackup rig in West Africa

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Saipem in new joint venture with Dangote Group in Nigeria

saipemItalian oil and gas industry contractor Saipem has entered into a joint venture with Nigeria-based industrial conglomerate Dangote Group to create a new company Saipem Dangote E&C

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CBN to fund young oil and gas entrepreneur scheme in Nigeria

CBN to fund young oil  gas entrepreneur schemeThe Central Bank of Nigeria (CBN) has agreed to fund an entrepreneurship initiative for young Nigerians in oil and gas industry

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African crude fills gap in Latin American market

African crude fills gap in Latin American marketAfrican oil producers have gained a foothold in Latin America at Venezuela’s expense, says Reuters

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NCDMB praises Petrolag for boosting operations in sub-Saharan Africa

PetrologOil servicing company Petrolog has acquired an ocean diving vessel DSV Vinnice to develop its operations in sub-Saharan Africa

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