The Project Marks GE’s First Digital Solutions Order and First GT13E2 MXL2 Full Modules Configuration Gas Turbine upgrade installation in Sub-Saharan Africa ABIDJAN, Ivory Coast, May 14, 2019/ — GE’s (www.GE.com/Power) MXL2 Turbine Upgrade Will Help Increase Power Output by 30 megawatts (MW) at Azito’s plant in the Yopougon district of the Ivory Coast;…
The government of Mozambique has approved the development plan for the Rovuma LNG project, according to Mozambique Rovuma Venture. May 14th, 2019 Offshore staff MAPUTO, Mozambique – The government of Mozambique has approved the development plan for the Rovuma LNG project, according to Mozambique Rovuma Venture. This will produce, liquefy, and market natural gas from the deepwater Mamba…
Floating platform technologies will become increasingly important as global energy markets turn to offshore wind systems to meet demand for renewable energy, said a Stanford University official at the recent Offshore Technology Conference in Houston. TetraSpar floating offshore wind turbine platform concept Offshore staff HOUSTON – Floating platform technologies will become increasingly important as global energy…
Abuja — The Nigerian government has accused former President Goodluck Jonathan and his then oil minister of accepting bribes and breaking the country’s laws to broker a $1.3 billion oil deal eight years ago, a London court filing shows. The deal, in which Anglo-Dutch company Royal Dutch Shell and Italian peer Eni jointly acquired the rights…
London — Angolan crude set to load in June was down to its last few cargoes by Friday, traders said, but struggled to find buyers as China had already made its purchases earlier in the month and European refiners awaited lower prices. ANGOLA * The market was keenly watching the tightening of U.S. sanctions on Iran…
Houston, Texas —Attendance at the Offshore Technology Conference fell for the fifth consecutive year to 59,200, despite stable oil prices and a spike in new discoveries. Last year, attendance was 61,300, the lowest since 2006 and more than 40 percent off the 108,300 records set in 2014, a time when oil prices were hovering around $100 a…
Lagos — The Minister of Transportation, Mr. Rotimi Amaechi has disclosed the federal government has approved the construction for Warri seaport at the cost of about 3.9 billion dollars and also awarded a contract for Abuja-Warri rail line. Amaechi told the News Agency of Nigeria (NAN) on Tuesday in Abuja that government also approved the linking…
Vienna, Austria —The price of OPECbasket of fourteen crudes stood at $69.66 a barrel on Thursday, compared with $69.88 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran…
Shell Nigeria targets the equivalent of 2,400 megawatts of electricity from new gas supply project THE ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day. This energy is equivalent of about 2400 megawatts which is enough to provide uninterrupted electricity to about…
The Nigeria Police Force raises intelligence alert over plots by subversive elements to attack and destroy oil facilities THE Nigeria Police Force has uncovered specific plots by some subversive elements masquerading as climate and environmental activists to commence massive and coordinated attacks on oil installations across the country especially in the Niger-Delta region and adjoining States. These plots,…