Global demand for LNG is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east Asian countries use more LNG to support their economic growth, according to Shell’sLNG Outlook 2024.
Seplat Energy a relatively new Exploration & Production company listed under Lagos and London stock exchange markets has stated that the company has since doubled her reserves with over 400 million barrels of oil equivalent. The company made this disclosure via its twitter handle...
Now at its 22nd edition, the World Energy Review (WER) is the statistical review on energy, edited and presented by Eni. A reference for the energy industry, the publication has accompanied its evolution from conventional sources to renewables, devoting more and more space to...
Invictus Energy has reported a progressive and positive update of drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.
Progress and current operations
Since the last update, the drill bit, LWD tools and mud motor were changed out and drilling...
Shell U.K. Limited has signed an agreement to purchase MIDEL and MIVOLT, two lines of business currently owned by ManchesWater-based M&I Materials Ltd. Boosting Shell’s global lubricants portfolio, the acquisition of MIDEL’s premium product range will enable Shell to complement its differentiated position in...
Shelf Drilling has consistently expanding its drilling operations in Nigeria, this is following the recently secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs for operations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined...
Eni Nigeria operates over a developed and undeveloped acreage of 27,964 square kilometers (6,374 square kilometers net to Eni). In the development/ production phase Eni operatesonshoreOil Mining Leases (OML) 60, 61, 62 and 63 (Eni’s interest 20%) and offshore OML 125 (Eni’s interest 100%),...
Sequel to Nigerian Agip Oil Company Limited NAOC onshore and power assets acquisition deal recently signed between Eni and Oando, the Nigerian National Petroleum Corporation Limited NNPCL has in its response placed a caveat to the milestone deal claiming that NAOC did not obtain...
SDX has announced that it has entered into a non-binding HoT with DMA, its largest offtaker, to prepay for SDX's gas deliveries inMorocco. The initial terms of the agreement envisage draw down of c.$2 millionby the end ofSeptember 2023. These funds are planned to...
Invictus Energy has disclosed that the Exalo Rig 202 mobilisation and assemblyat Mukuyu-2 wellis complete and drilling is about to commence at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The mobilisation and rig up of the Exalo Rig 202 at Mukuyu-2...
Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under the SK318 production sharing contract (PSC).
Timi features Shell’s first wellhead platform in Malaysia that is powered by a solar and wind...
Ronan Cassidy, Shell plc’s Chief Human Resources and Corporate Officer, will step down with effect from 31 December 2023, and leave Group service thereafter. Rachel Solway, currently Executive Vice President, Human Resources Organisation Development & Learning, will succeed Ronan with effect from 1 January...
Majestic Rig is a Swamp environment and the Shallow Water Offshore environment drilling rig owned by Depthwize Limited an indigenous drilling contractor that operate three rigs, two Swamp barges and one ultra shallow off shore rig in Nigeria oil and gas industry. In addition...
The Welltec® Expandable Anchor (WEA) for Liner Hanger is qualified for life-of-well and delivers a robust system with maximum running clearance. Surface-controlled hydraulic expansion delivers compliance to damaged or deformed casings while ensuring bidirectional anchoring and sealing.
When installed as part of Welltec lower completion...
Eni has announced the names of the winning researchers and scientists ofthe fifteenth edition of the Eni Award, a prize established in 2007 that has become an international reference point for research in the fields of energy and environment. The aim of the award...