December 16, 2017

NNPC Issues Guidelines for Sale, Purchase of Nigeria’s Crude| THISDAY LIVE

In its renewed bid to ensure transparency in all commercial activities relating to petroleum operations in Nigeria, the Nigerian National Petroleum Corporation (NNPC) has released the guidelines for the participation of local and foreign companies in the sale and purchase of the various grades of Nigerian crude oil. The release of the guidelines is coming a few weeks after the corporation initiated measures to make the yearly Offshore Processing Agreements (OPAs) between it and oil traders more transparent. But while the latest guidelines are in relation to the sale and purchase of Nigeria’s crude oil, OPAs and oil swap agreements…

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Mick Borwell takes on Health, Safety, Security and Employment at Oil & Gas UK

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Mick Borwell is to take over responsibility for Health, Safety, Security and Employment (HSSE) policy at Oil & Gas UK towards the end of the month in addition to his role as Environment Director. He will assume his expanded role at the trade association from 19 September 2015, when the current HSSE Director Robert Paterson retires.  This is an interim position allowing the current scope of the HSSE directorate and others to be reviewed in light of the changing regulatory and economic climate now challenging the industry. Mick Borwell has been Environment Director at Oil & Gas UK since 2007,…

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South Africa’s new JSE-backed oil, gas code globally aligned

Andy Clay - Chairperson, South African Oil and Gas Committee

The recently published South African Code for the Reporting of Oil and Gas (Samog) is fully aligned to the oil and gas reporting standards used globally. South African Oil and Gas Committee chairperson Andy Clay and Johannesburg Stock Exchange (JSE) GM corporate finance Annalie de Bruyn, who unpacked the reporting standard for Mining Weekly Online in the attached Creamer Media video interview, outlined how the new code – a companion code to South Africa’s existing South African Mineral Resource Committee (Samrec) and South African Mineral Valuation (Samval) mineral codes – is the outcome of close liaison with leading global organisations,…

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The Future of the Oil & Gas Sector in the CIS region

610x400 Azerbaijan

Azerbaijan is an important component of the global energy security market place In an interview with international news agency Trend.az,William Lahue, NATO Liaison Officer in the South Caucasus, has stressed the importance of protection from fluctuations for countries with multiple sources of supply. He also stated that “In this process Azerbaijan is going to be important, and its importance is growing.” According to Lahue, Azerbaijan is set to be a transit country for gas imported from the western Caspian Sea region, such as Turkmenistan. Moreover, according to the assessment of the European Commission, the CIS area represents around 40% of…

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Oil, Gas Companies Collaborate with Schools to Recruit Minorities and Women  |  Rigzone

Though recruitment efforts of women and minority in STEM have evolved over the years, there is still more work to be done to increase representation in industries such as oil and gas.

Though recruitment efforts of women and minority in STEM have evolved over the years, there is still more work to be done to increase representation in industries such as oil and gas. In 2012, after spending five years living in other countries as part of her job with Halliburton Co., Cindy Patman and her family returned to the United States where Patman’s daughter began middle school. One day, Patman’s daughter came home with news that she didn’t make her school’s math and science team. “I was thinking we’d missed a deadline or something,” Patman told Rigzone. “But no, the teacher…

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SAOGA’s CEO, Ebrahim Takolia | Africa Oil and Gas Expo 2015

SAOGA Ebrahim Takolia

Interview with South Africa Oil & Gas Alliance’s CEO, Ebrahim Takolia. What are the latest developments that you’re most excited about in the South Africa’s Oil & Gas Industry? The Oil & Gas sector continues to face many challenges due to lower energy prices. However, work on the larger projects in Africa continues. Due to Africa’s growing need for energy, electrical and liquid fuels, many energy projects continue to be developed. Can you give us some insights into what the Supplier Development Project entails? The SAOGA supplier development project aimed at mapping and profiling companies that deliver goods and services…

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How BP’s $18.7-billion oil-spill settlement could help the Gulf of Mexico : Nature News & Comment

Oil company BP agreed on 2 July to pay US$18.7 billion to settle civil lawsuits over the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. An estimated 3.19 million barrels of oil poured into the Gulf during the months-long crisis, the largest marine spill in US history. The payment will add to $14 billion that BP said it had already paid in claims, advances and settlements related to the spill. Donald Boesch, a marine scientist and president of the University of Maryland Center for Environmental Science in Cambridge, spoke to Nature about BP’s settlement and what it will mean for restoration efforts…

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Nigeria Can Make More Money in the Oil and Gas Industry, Says Izomor| THISDAY LIVE

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He posts the image of an unassuming man.  But he is loaded with great business ideas, essentially in the technical genre of engineering, which deals with pipeline, fabrication, construction and marine logistics, sub-sea engineering and construction. His name is Godwin Odokpa Izomor, the Managing Director of MG Vowgas Ltd. The company is presently collaborating with one of the CFE Engineering of Singapore,  the  best engineering firms in Singapore  which is reputed for not cutting corners. MG Vowgas is currently involved in the building of a fab yard in Port Harcourt, Nigeria which will be a significant milestone in the engineering…

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Nigeria: Our Exhibition’ll Deepen Nigeria-Iran Trade Relations – Koozechi

Iran-President

Mr. Saeed Koozechi is the Iranian Ambassador to Nigeria. In this interview with BABAJIDE KOMOLAFE & JONAH NWOPOKU, he spoke on the bilateral trade relations between Nigeria and the Islamic Republic of Iran. He also spoke on how the two countries can explore the opportunities provided by the upcoming first Iranian Solo Exhibition in Nigeria to boost trade ties. Excerpts: Besides oil gas, what are the other economic and trade opportunities in Iran? As you may know, Iran is one of the biggest countries with the highest crude oil and gas reserves in the world. But in spite of that, the Iranian government…

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Africa Oil and Gas Expo 2015 | RGN Interview

Juliet Langton

  Interview with Juliet Langton, the Editor of one of our media partners, Resource Global Network (RGN). We know that Resource Global Network (RGN) is an essential resource for keeping abreast of resource projects and supply opportunities, what are the most recent topics that you’ve been reporting in South Africa? Not long ago we interviewed Harmony, South Africa’s third largest gold mining company, who told us how the present low gold price has impacted itself and other gold mining companies in South Africa, of which there are many. Harmony also mentioned the country’s rolling power shortages, which are a prominent…

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