The global maintenance contract will see two Actemium business units, Actemium Oil and Gas Maintenance and PACE Nigeria, carrying out the maintenance on the Egina FPSO for five years
Exploration
Speakers discuss moves towards a deregulated downstream at NOG
A gradual process of downstream sector deregulation and increased private sector involvement was discussed on the second day of conference proceedings at Nigeria Oil & Gas (NOG), held in Abuja this week
Illegal oil refineries destroyed by Nigerian military
The News Agency of Nigeria (NAN) has confirmed that members of the Joint Military Task Force (JTF) have destroyed three illegal oil refinery sites in the Niger Delta region
Optimism despite low oil prices at IP Week
The low oil price environment is here to stay - that was a common a prediction among speakers at the African sessions at IP Week, held in London this week
Rosneft sign investment and crude-purchasing agreement with Libya's National Oil Corp
Rosneft are the latest oil company to return to Libya and Africas largest reserves as they sign an exploration and production deal