Crude Oil Price at $50 Threatens $1,5 Trillion of Oil and Gas Projects Upstream operators may be looking for cost reductions averaging up to 30% on projects in the low commodity world, but squeezing the oilfield services sector may only achieve a savings of 10-15%, which means investments will take a back seat until prices…
Seismic Data Gathering for Dangote’s Nigeria Pipeline Begins Seismic data gathering work has begun on the ambitious multi billion dollar gas pipeline network being promoted by Africa’s richest man, Aliko Dangote and which is set to quadruple the supply of gas in Nigeria reported by Business Day Online. The International Finance Corporation (IFC) a member…
Market For Oil and Gas Paints and Coatings in Nigeria and Angola To hit $1.13 Billion A new report by Frost & Sullivan (F &S) has estimated that the offshore oil and gas paints and coatings market in Nigeria and Angola would hit $1.13 billion in 2019. Founded in 1961, Frost & Sullivan has more…
German Industrial Chemical company acquires TAT Group of Singapore German chemical distribution company Brenntag has acquired TAT Group by signing a contract with the latter to expand its business across the Asia Pacific region as reported by by Chemicals Technology. TAT Group is a Singapore-based distributor for industrial chemicals and also a provider of various…