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Nigeria eyes early 2023 for first gas from US$2.8 billion pipeline project

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A US$2.8 billion natural gas pipeline project in Nigeria will deliver first gas in the first quarter of 2023, authorities heard during a visit last Thursday to the ongoing construction. Leading this inspection of the Ajaokuta-Kaduna-Kano (AKK) project was chief...
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World’s largest passenger airplane completes flight on cooking oil fuel supplied by TotalEnergies

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The Airbus A380, the world's largest passenger airliner, completed a three-hour trial flight from Blagnac Airport in Toulouse -- Airbus' French headquarters -- on 25 March. The flight was powered by Sustainable Aviation Fuel, or SAF -- predominantly made...
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Economist says Ghana, Trinidad offer lessons in avoiding oversupply from Guyana’s landmark gas project

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Guyana is being encouraged to take several key steps in order to ensure the success of its landmark gas-to-energy project which is set to cut the cost of power in half and deliver significant benefits to the new oil...
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Haliburton unveils new precision drilling technology

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Halliburton has introduced StrataStar™, a deep azimuthal resistivity service that provides multilayer visualisation to maximize well contact with the reservoir and improve real-time reserves evaluation. Unveiled on Tuesday, Haliburton explained that regardless of the complexity of a reservoir, wells accurately...
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Shell, TotalEnergies win big in Brazil’s offshore block auction

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Royal Dutch Shell and TotalEnergies scored big at a fresh Brazil bid round on Wednesday, securing six and two offshore exploration blocks respectively, in the country’s Santos basin. The public bidding session of the 3rd Cycle of the Open Acreage...
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Three of world’s biggest emitters don’t plan on being net-zero by 2050

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Last year, the International Energy Agency (IEA) produced a Net Zero by 2050 Roadmap discussing its comprehensive study of how to transition to a global net zero energy system by 2050, while providing universal energy access and robust economic...
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Saipem heavy lift crane ship damaged after tilting in Norway

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The giant Saipem 7000 heavy lift crane vessel partially capsized on Thursday during a lifting incident in a fjord in Norway. Reports from the Norwegian Maritime Directorate suggest that all 275 crew members were rescued; no injuries were sustained. Norwegian Media...
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Guyana’s oil earnings per capita by 2025 could exceed Qatar, Kuwait and Norway – Expert

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A United States Geological Survey estimated in the year 2000 that the Guyana-Suriname basin's reserves stand at 13.6 billion barrels of oil and 32 trillion cubic feet of gas, but subsequent discoveries and surveys have taken updated estimates way beyond...
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Fitch ups Guyana’s growth forecast as oil prices remain high

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Fitch Solutions, regarded as one of the top three credit rating agencies in the world, has upped its growth forecast for Guyana this year on account of high oil prices. The report from Fitch Solutions Country Risk & Industry...
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Guyana not the only region with aggressive oil agenda

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While some environmental and other interest groups have criticized Guyana over the rapid pace at which the South American nation is developing its oil and gas resources, with some even calling for it to be left in the ground,...
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ExxonMobil anticipates lower Q2 2025 earnings due weaker oil and gas prices

ExxonMobil expects lower crude and natural gas prices will weigh on its second quarter 2025 earnings, according to its...

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