Shell Stops 400,000 BPD Forcados Pipeline Exports After leak declares force majeure WARRI, Nigeria (AP) — Shell Nigeria says yet another leak on the Trans Forcados Pipeline is forcing it to stop exports from the terminal that carries one fifth of Nigeria’s exports. It gave no reason for the leak on the aging pipeline which suffers…
Shell Will Focus Future investment in Nigeria on Gas PORT HARCOURT, Nigeria, Sept 30 (Reuters) – The managing director of Shell’s joint venture in Nigeria said on Wednesday that the oil major would focus its future investments in the country on natural gas for domestic consumption and export. “Our strategy is to invest a lot…
Siemens has launched its new lightweight aero-derivative gas turbine, RB211-GT30, for the offshore oil and gas industry. Siemens said it will use the combined expertise of Rolls-Royce Energy and Dresser-Rand, which supplied a significant share of the 20MW to 40MW offshore power generation on FPSOs worldwide to offer better solutions for the offshore market. The Industrial…
China Resumes Buying Iranian Condensate causing 2015 highest in September OKYO/BEIJING, Sept 29 (Reuters) – Iran’s condensate exports in September hit the highest monthly total so far this year, after its top client China resumed buying of the ultra-light crude for the first time in six months, two sources familiar with the matter said on…