“We have cancelled contracts for Sahara, Aiteo, Duke Oil and Ocean marine” NNPC seems to be saying, Chineme Okafor of AllAfrica reports that the Nigerian National Petroleum Corporation (NNPC) wednesday confirmed the cancellation of the Offshore Processing Agreements (OPAs) between the corporation and Sahara Energy Resources (Nig.) Ltd. founded by the trio of Mr. Tope…
This is assumed a creative dimension in funding operational actives as independent oil and gas pursues contractors-led funding. Independent Oil and Gas (LON:IOG) has secured extensions to a number of key agreements which allows it to pursue a new ‘contractor led’ funding approach for its North Sea field development plans. The company has told investors…
Here is the best companies of the chemicals industry analysed by Benjamin Clark founder of Moderngraham.com and posted in guru focus. While ModernGraham supports the bottom-up approach to investing, many investors do utilize the top-down method, whereby an industry is selected before the company itself. With that in mind, this article will take a brief look…
FRENCH oil and gas major Total concludes £585m deal to sell North Sea oil and gas assets Total plans to rid itself of £585m of its North Sea assets to North Sea Midstream Partners. The company is selling all of its interests in the Fuka and Sirge gas pipelines and the St. Fergus gas terminal….