Page 2 - Offshore Technology News Today

The refinery, which began production in January, was built with an investment of $20bn (N30.5trn) and is anticipated to process 650,000 barrels per day (bpd).

Initially, the ban was set to last for six months, starting from 1 March, with certain exemptions for a Moscow-led economic union.

The contract is for the development of the Ndungu field, which is part of the Agogo Integrated West Hub project.

The latest discovery follows Roystonea-1 and Sloanea-1 discoveries in the region.

The companies have signed an agreement outlining preliminary work to design a commercial model for the Asri Basin Project carbon capture and storage (CCS) hub.

Nigeria's President, Bola Tinubu, has launched three gas projects in an effort to develop the country’s critical gas infrastructure.

The stake sale is part of the Italian Government’s broader initiative to divest approximately €20bn ($21.74bn) in company stakes by 2026.

A top executive of Schlumberger NV , the worlds largest energy services firm, on Monday predicted autonomous drilling of oil and gas wells will beat autonomous driving cars to market and create...

A top executive of Schlumberger NV (SLB), the world's largest energy services firm, on Monday predicted autonomous drilling…

The Russian state-owned energy giant Gazprom has posted its first annual loss in 20 years as it struggles with lost European revenues.