Oil & Gas - TheDailyNG

ANGOLA: Total begins production from Zinia phase 2, developing Block 17

Leave a Comment / Oil & Gas, Total News / Alison_Godswill

ANGOLA: Total begins production from Zinia phase 2, developing Block 17 Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage, and Offloading unit). The project includes the drilling […]

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JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

OPEC Daily Basket – May 5, 2021

Leave a Comment / Oil & Gas, OPEC, OPEC Basket / Alison_Godswill

OPEC Daily Basket – May 5, 2021 OPEC daily basket price stood at $68.20 a barrel Wednesday, 5 May 2021, compared with $66.67 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm

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South Korea: Daesan complex to develop polymer capacity for durable applications

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

The Hanwha Total Petrochemical (HTC) joint venture1 is commissioning a new polypropylene line at the Daesan integrated refining and petrochemical complex in South Korea, adding a further 60% to its production capacity, which now totals 1.1 million tons a year. At the same time, the start up of a fourth propane furnace will increase ethylene

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Total realizes France’s first bunkering LNG operation

Leave a Comment / Oil & Gas, Total News / Alison_Godswill

Total realizes France’s first bunkering LNG operation By OUR CORRESPONDENT Total has realized the first ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in France. The world’s largest LNG bunker vessel in operation, Total’s Gas Agility¸ has completed on Friday evening, April 30th, at the Port of Dunkirk the refueling of the world’s largest containership powered

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Asharami Energy achieves 1.8 million LTI-free Man-Hours, promotes responsible engineering

Leave a Comment / Oil & Gas / Alison_Godswill

Asharami Energy achieves 1.8 million LTI-free Man-Hours, promotes responsible engineering Asharami Energy, a Sahara Group Upstream Company, has achieved 1, 852,052 man-hours without Lost Time Injury (LTI) across operations driven by responsible engineering and unwavering commitment to global occupational safety and health (OSH) standards. This feat represents LTI-free man-hours over 873 days of

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DPR TV programme returns May 3, 2021

Leave a Comment / Oil & Gas / Alison_Godswill

DPR TV programme returns May 3, 2021 The Department of Petroleum Resources (DPR) says its television programme will return to the screen from Monday, May 3, 2021. A statement issued on Monday in Lagos by Mr Paul Osu, Head, Public Affairs, DPR, said the programme will be aired on all Nigeria Television Authority ( NTA)

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR commits to enhancing investment in oil, gas

Leave a Comment / Oil & Gas, The Nation / Godswill Odiong

By Eyo Nsima The Department of Petroleum Resources (DPR) has said it will continue to guarantee investments, enable participation and authorise activities in the Nigeria oil and gas industry. The regulator added that it was working in alignment with the aspirations of the government to provide energy security for the nation and create jobs for

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World oil demand to decline by 9.5 mb/d --- Report

How tanker destroyed oil pier at Misrata, Libya

Leave a Comment / Maritime, Oil & Gas / Godswill Odiong

Tanker ARIN struck the Buraiqa oil pier at Misrata port, Libya, in the evening April 29, 2021 while berthing, according to FleetMon. It stated: “Pier was severely damaged and partially destroyed, tanker seemingly, sustained dents, probably a gash. She arrived from Tobruk Libya, and as of May 1, remained berthed in port. Photos Ministry of

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ExxonMobil Launches Investigation Into Near-miss Accident on Hebron Platform

ExxonMobil earns $2.7bn in first quarter 2021

Leave a Comment / Oil & Gas / Alison_Godswill

ExxonMobil earns $2.7bn in the first quarter of 2021 Exxon Mobil Corporation has announced an estimated first-quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution, compared with a loss of $610 million in the first quarter of 2020. Results included unfavorable identified items of $31 million, or $0.01 per share assuming

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SEPLAT Q1 2021 results show strong cash position of $236.3 million

Leave a Comment / Oil & Gas / Godswill Odiong

… records EBITDA of $77.8 million Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange, has announced its announces its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to

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