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OneSubsea and Subsea 7 Join Forces for SPS and SURFs

Subsea 7 has signed an agreement establishing a worldwide non-incorporated alliance with OneSubsea, a Cameron and Schlumberger company. The new alliance should see both companies jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface expertise, subsea production systems (SPS), subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF) and life-of-field services. Continue reading “OneSubsea and Subsea 7 Join Forces for SPS and SURFs” »





Approval of the Farm Out Agreement with Eni in Rabat Deep Offshore, Morocco

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, reports that the farm-out signed between its wholly owned subsidiary, Chariot Oil & Gas
Investments (Morocco) Ltd. and a wholly owned subsidiary of Eni, which was detailed in the
announcement of Continue reading “Approval of the Farm Out Agreement with Eni in Rabat Deep Offshore, Morocco” »


Nigeria’s NNPC awards 2017 crude oil term contracts to 39 companies

Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. The contracts covering about 1.31 million barrels per day (bpd) of crude oil were awarded to 18 Nigerian companies, 11 international trading houses, five foreign refineries, Continue reading “Nigeria’s NNPC awards 2017 crude oil term contracts to 39 companies” »


Sirius Inks ISM Deal with Schlumberger for Its Nigeria Campaign

London-listed Sirius Petroleum said it has entered into a contract with Schlumberger for the provision of integrated services management (ISM). As part of Sirius’ shallow offshore development strategy in Nigeria, the contract is for a multi-well campaign, which should start in the first half of 2017. Continue reading “Sirius Inks ISM Deal with Schlumberger for Its Nigeria Campaign” »


Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review

JOHANNESBURG, South Africa, August 22, 2016/ — The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue. Despite the bleak landscape, the African continent still offers significant opportunities in the oil & gas sector. “It is an opportune time for local governments that want to attract Continue reading “Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review” »