OIl and Gas

LIBYA’S SHARARA OILFIELD RESUMES PRODUCTION

Posted on by Gambeta News
LIBYA’S SHARARA OILFIELD RESUMES PRODUCTION

The Sharara oilfield produces more than 300,000 barrels of crude oil per day, forming roughly one-third of the oil-rich country’s production. The oilfield resumed production on June 7 after a months-long hiatus which caused billions of dollars in losses.

Libya’s National Oil Corporation said Russian and other foreign mercenaries have …

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EXXON MOBIL TO MAKE BIGGEST ASSETS SALE OF THE DECADE

Posted on by Gambeta News
EXXON MOBIL TO MAKE BIGGEST ASSETS SALE OF THE DECADE

Exxon Mobil plans to quit business in Europe and sell off assets in Asia and Africa.

Exxon Mobil is about to make its biggest assets sale for decades. The multinational Oil and Gas company in a bid to free up cash; has put up oil and gas fields in Europe, …

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PRESIDENT BUHARI APPOINTS NEW NNPC GMD AND NNPC CHAIRMAN

Posted on by Gambeta News
PRESIDENT BUHARI APPOINTS NEW NNPC GMD AND NNPC CHAIRMAN

NNPC now has a new GMD and a new acting Chairman.

The Nigerian National Petroleum Corporation (NNPC) recently had series of changes in its various management positions. The National Oil firm NNPC now has a new GMD and a new acting Chairman.

Nigeria’s President,  Muhammadu Buhari recently appointed Mr. Mele …

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OTEDOLA EXITS FORTE OIL PLC

Posted on by Gambeta News
OTEDOLA EXITS FORTE OIL PLC

Otedola sells Forte Oil Plc and focuses on Geregu Power Plc

Nigerian billionaire who was the Chairman and majority shareholder in Forte Oil Plc, Mr. Femi Otedola, recently sold his entire 75% shareholding in the company. The former Chairman of Forte Oil Plc, Mr. Otedaola had earlier announced in December …

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GAMBIA SIGNS OIL EXPLORATION DEAL WITH BP Plc

Posted on by Gambeta News
GAMBIA SIGNS OIL EXPLORATION DEAL WITH BP Plc

Gambia gives license of disputed A1 offshore block to BP Plc

Amidst dispute for the A1 offshore block in Gambia; the Gambian government recently announced the signing of an oil exploration deal with BP Plc.

BP Plc is a British multinational oil and gas company with operations in 70 countries …

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NNPC HAS PAID US$1.5bn CASH CALL ARREARS TO IOCs

Posted on by Gambeta News
NNPC HAS PAID US$1.5bn CASH CALL ARREARS TO IOCs

NNPC reduces its cash call arrears to JV partners by US$1.5 billion

The Nigerian National Petroleum Corporation (NNPC) via its group managing director Maikanti Baru; said it has repaid US$1.5 billion of the cash call arrears owed to its foreign oil partners. The director who made the statement at the …

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CHEVRON SEALS DEAL TO ACQUIRE ALGERIAN OIL FIRM

Posted on by Gambeta News
CHEVRON SEALS DEAL TO ACQUIRE ALGERIAN OIL FIRM

Chevron acquires Algerian oil firm – Anadarko Petroleum

American multinational energy corporation – Chevron, have recently signed a deal to buy Algerian oil firm – Anadarko Petroleum. The final terms of agreement entails that Chevron will acquire all of Anadarko Petroleum outstanding shares; in a stock and cash transaction valued …

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NNPC’s STRATEGY TO CUT FUEL IMPORTS IN NIGERIA

Posted on by Gambeta News
NNPC’s STRATEGY TO CUT FUEL IMPORTS IN NIGERIA

Nigeria’s NNPC will rehabilitate refineries to cut fuel imports

The Nigerian National Petroleum Corporation (NNPC) have come up with a strategy to end reliance on fuel imports in Nigeria. Recently NNPC stated plans to rehabilitate its refineries; this it also said will help save the country millions of dollar on …

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ANAESTHETIST NURSING SERVICE VACANCY AT CHILEWA INVESTMENTS LIMITED

Posted on by Gambeta News
ANAESTHETIST NURSING SERVICE VACANCY AT CHILEWA INVESTMENTS LIMITED

ANAESTHETIST NURSING SERVICE Provider needed at Chilewa Investment Limited

Chilewa Investments Limited acts as intermediaries to Recruit, Build capacities, Train and manage competent contract staffs, lease equipment and provide transportation services, and also mediate for Oil & Gas companies.

Chilewa Investments Limited, a manpower and Oil & Gas logistics support …

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GRADUATE PETROLEUM ENGINEER JOB, TULLOW, GHANA

Posted on by Gambeta News
GRADUATE PETROLEUM ENGINEER JOB, TULLOW, GHANA

Tullow Oil is a leading independent oil and gas exploration and production company with a portfolio of 90 licences across 16 countries. Our focus is on finding and monetizing oil in Africa and the Atlantic Margins. Tullow Ghana Limited (TGL) is in search of Graduate Petroleum Engineer based in Accra. …

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ANGOLA NOW MEMBERS OF GAS EXPORTING COUNTRIES FORUM (GECF)

Posted on by Gambeta News
ANGOLA NOW MEMBERS OF GAS EXPORTING COUNTRIES FORUM (GECF)

Angola have joined the Gas Exporting Countries Forum (GECF).

Angola have now become a member of the the Gas Exporting Countries Forum (GECF). They are now the sixth African member to join the forum after Nigeria and Equatorial Guinea.

The Gas Exporting Countries Forum (GECF) is a transnational organization consisting …

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Nigeria to Digitize Petroleum Resources Department Operations

Posted on by Gambeta News
Nigeria to Digitize Petroleum Resources Department Operations

In a statement by the by Paul Osu of the Public Affairs Department, The Department of Petroleum Resources (DPR) is set to roll out a digitalization programme to automate its critical operations, enhance the efficiency of its regulatory deliverables and accelerate recovery of outstanding revenues due to the government.

The …

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