Nigerian oil producers are negotiating with Shell to secure up to 25% of service contracts for the Bonga North project. This initiative is part of a broader effort to boost local industry ...

FPSO is an acronym for a floating production ... as the Operator, with 4%, Shell with 20%, Total with 20%, CNODC with 10% and CNOOC Limited with 10% interest. The Consortium also has the ...

Blocks offer divergent risk profiles — one hosting gas prospects near infrastructure, the other hosting structures similar to ...

Morgan Stanley raised the firm’s price target on Shell (SHEL) to 3,150 GBp from 3,070 GBp and keeps an Overweight rating on the shares.Maximize ...

The GCC-Stat data indicates that the Gulf countries' crude oil production in 2023 logged about 17 million barrels per day ...

The new orders are in keeping with the contractor's optimistic outlook for opportunities in the FPSO and floating liquefied natural gas (FLNG) sectors. NOV has a suite of specialised production ...

Lummus Technology, a global leader in process technologies and value-driven energy solutions, has announced an award from SHCCIG Yulin Chemical Co, a subsidiary of the SHCCIG Group, for its ...

Bio-LNG market Valuation $ 3.4 Billion | Europe Huge Growth by UK, Germany, Netherlands, Italy, Poland, France ...

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