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16 MW floating wind turbine now powering Lufeng oilfield

China National Offshore Oil Corporation (CNOOC) has started operating a 16 MW floating wind platform in the South China Sea, with the unit now...

India buys 4m barrels Nigerian crude amid US-Iran crisis

India’s state-owned Hindustan Petroleum Corporation Limited has recently bought a total of four million barrels of Nigerian crude as the country’s refiners intensify efforts...

Noble’s 2014-built jack-up rig scoops up new P&A job with ConocoPhillips

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with...

Murphy closing in on first oil from Southeast Asian offshore project

Houston-headquartered oil and gas company Murphy Oil is making inroads in developing an oil field off the coast of Vietnam, with the start-up on...

ORLEN Opens Transshipment Terminal at Gdansk Refinery

ORLEN SA said Wednesday it has put into service a marine transshipment terminal on the Martwa Wisła River next to its refinery in the...

Heirs Energies doubles crude output to 55,000bpd

Heirs Energies has raised its crude oil production to 55,000 barrels per day from 25,000 bpd in five years as indigenous operators increasingly take...

Experts push captive power as cities outgrow national grid

Experts in the built environment have urged property developers to embrace private power generation, warning that Africa’s rapidly expanding cities cannot rely solely on...

Dangote cuts petrol, diesel prices as crude plunges

As crude prices crashed below $80 per barrel on Tuesday, the Dangote Petroleum Refinery reduced the ex-depot prices of Premium Motor Spirit (petrol) and...

Stakeholders decry overlapping maritime regulation

Stakeholders have lamented that overregulation and regulatory overlap are affecting operations in the nation’s maritime industry. The concerns were raised last week at a shipping...

Lekki Port recommits to top security standards

The management of Lekki Port, promoters of Lekki Deep Seaport, has restated its commitment to maintaining the highest standards of security, operational excellence and...

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