A majority of senior oil and gas professionals believe that larger, capital-intensive oil and gas projects will be approved this year to meet the hydrocarbon demand, according to a DNV GL survey
Gas
Global gas supply grew at decade high in 2018
The oil and gas industry achieved a net production increase of 164 bcm, which represents the highest production growth since 2010, according to a research by Rystad Energy
NNPC to crash price of cooking gas
The Nigerian National Petroleum Corporation (NNPC) is set to implement an effective commercial framework that would halt the export of propane and butane which are major components in the production of Liquefied Petroleum Gas (LPG), also known as cooking gas
Sapura Energy signs US$184mn drilling contract
Sapura Energy Berhad has announced that it has secured a US$184.6mn contract for drilling and engineering and construction businesses in Angola over the next two years
PENSPEN secures FEED for Nigeria to Morocco pipeline
Penspen has announced that it has been awarded a contract by the Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) to execute the first phase of the FEED (FEED Phase I) of approximately 5,700 km gas pipeline proposed to run from Nigeria to Morocco