These are features of Oil and gas, industrial and other relevant news
There is still Sanctions on Iran, U.S. warns governments, bankers The Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran remain in effect, cautioning against a rush by Western companies to invest in Iran’s oil industry and other businesses until the country fully complies with the July nuclear agreement. The…
New transparency in NNPC, Pays N723.82B to FG in 8 months. In line with its earlier pledge to open up the books of the Nigerian National Petroleum Corporation, NNPC for public scrutiny, the Management of the national oil Corporation under the watch of Dr. Ibe Kachikwu over the weekend commenced the monthly publication of its…
NNPC promises New era of transparency, will publish 100% of operations status NNPC will commence monthly publication of financial and operational report. Unveils 20 ‘fixes’ to reposition the Corporation. ABUJA Oct 11 (Reuters) – Proceeds from Nigeria’s oil receipts fell by two-thirds between September 2014 and July this year, the state oil company in Africa’s…
Statoil awards contracts for two Johan Sverdrup jackets worth NOK 1 Billion The contract awarded to Kvaerner Verdal has a value of approximately NOK 1 billion and covers engineering, fabrication and construction of the steel jacket for the Johan Sverdrup offshore processing platform. Weighing 17,700 tonnes, the jacket will be constructed at the yard in…