Category: Oil & Gas
FG to unlock $10 billion deep-water investment with new oil and gas tax relief package
Over the next few years, they plan to spend another $90 billion to develop deepwater oil and gas projects.
Port Harcourt refinery fails to commence operations after six postponements
The President of the Dangote Group, Aliko Dangote, said $4bn had been spent by the Federal Government in an attempt to revive the nation’s refineries.
Letter on Africa: New African refineries could help break old dependencies
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
U.S.A.: TotalEnergies enhances gas value chain integration by acquiring producing assets in the Eagle Ford Basin
TotalEnergies operates a technical production of around 500 Mcf/d in the Barnett.
South Korea: TotalEnergies will supply 200,000 tons per year of LNG to HD Hyundai Chemical until 2033
This agreement allows us to continue securing long-term sales in Asia and reduce our exposure to spot market gas prices
Eni to start exploration in North Africa’s Ghadames basin in 2025
Oil exports at major Libyan ports were halted last month and production curtailed across the country amid a standoff between rival political factions over control of the central bank and oil revenue.
Crude oil refiners, Dangote Refinery condemn continuous importation of fuel by marketers
They are importing substandard fuels and if allowed they will not stop importing such.
Saipem secures $2bn Marjan field contract offshore Saudi Arabia
This important contract, at the backdrop of the recent awards by Saudi Aramco to Saipem, reinforces company’s long-standing presence in the Kingdom of Saudi Arabia.
Dangote’s claims on abandoned 1,200km subsea gas pipeline not true, says FG
The decision to scrap the project was a business choice made by Dangote Group long before President Bola Ahmed Tinubu’s administration took office.
Long-term LNG sales in China: TotalEnergies will supply 1.25 million tons per year to CNOOC until 2034
Thanks to this agreement, TotalEnergies strengthens its long-term positions in the growing Chinese market.