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Half of Turbines Up at Nordseecluster A

Twenty-two wind turbines are in place at the Nordseecluster A offshore wind farm site, around 50 kilometres north of the German island of Juist,...

Iberdrola’s New German Offshore Wind Farm Feeding Electricity into Grid

The Windanker offshore wind farm has started feeding electricity into the German grid, according to the transmission system operator (TSO) 50Hertz, which built the...

Etu Energias strikes $260 million deal with Chevron for Angola’s deepwater block duo

Etu Energias, a privately owned Angolan energy company, has taken steps to increase its stakes in two offshore blocks from Cabinda Gulf Oil Company...

Taiwan-bound subsea construction vessel on its way to Norway for final outfitting

An offshore subsea construction vessel (OSCV) that Norwegian shipbuilder VARD is building for Taiwan-based Dong Fang Offshore (DFO) has been launched in Romania and...

BP beats the clock: Mediterranean gas well comes online two years early

UK-headquartered energy giant BP has added around 80 million cubic feet per day (cf/d) of natural gas to domestic supply from its West Nile...

Jan De Nul’s first XL cable layer on sea trials, second to follow

Jan De Nul’s extra-large cable-laying vessel (CLV) Fleeming Jenkin has started sea trials, soon to be followed by its twin, William Thomson Jan De Nul placed...

CBN mops up N4.72tn as OMO demand surges

Investors placed N8.62tn worth of bids for the Central Bank of Nigeria’s Open Market Operations securities in two days, as yields on the short-term...

Dangote considers cutting petrol supply to importers

The Dangote Petroleum Refinery and Petrochemicals says it is considering stopping the sale of petrol to major marketers that continue to import petrol into...

FG eyes emerging market status after FTSE upgrade

The Federal Government has set its sights on advancing Nigeria’s capital market to Emerging Market status following confirmation from global index provider FTSE Russell...

NUPRC enforces 3% oil levy, registers 172 community devt trusts

The Nigerian Upstream Petroleum Regulatory Commission has registered 172 Host Communities Development Trusts established by oil and gas companies under the Petroleum Industry Act. The...

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