NNPC collabos with presidency to fight oil theft Nigerian National Petroleum Corporation (NNPC) has pledged support to the Presidential Committee on Harmonised Standard Operating Procedures on Arrest, Detention and Prosecution of Vessels and Persons in Nigeria’s Maritime Environment (HSOP) to tackle the menace of oil theft and other criminal activities in the nation’s waters. The …
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Total finally acquires Maersk Oil for $7.45 billion French oil giant Total is set to acquire its Danish rival Maersk Oil and Gas for $7.45 billion dollars. Danish Maritime giant Maersk A/S informed on Monday it had entered into an agreement to sell its subsidiary Mærsk Olie og Gas A/S to Total S.A. for $7.45bn …
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Trump’s effort to boost U.S. energy faces set back from manufacturers President Donald Trump’s effort to boost U.S. energy is facing push back from manufacturers who say exporting more natural gas may undercut his “America First” jobs focus reports WorldOil The Industrial Energy Consumers of America asked the administration Wednesday for a moratorium on U.S. …
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Shell awards Maersk Drilling new job The contract with Shell covers the drilling and completion of three wells, and the suspension of one well, all located in block E of the East Coast Marine Area (ECMA) offshore Trinidad, the driller informed on Thursday. Starting in January 2018, the firm contract duration is estimated at …