News

The Offshore Technology Conference (OTC) announced that the 2022 class for its Emerging Leaders Program, recognizing young professionals with fewer than 10 years of experience in the offshore energy sector. This year’s program participants are passionate about their field work, dedicated to industry service and highly focused on safety in …

  McDermott’s storage business, CB&I, will design and build two 500,000-gallon double-wall liquid hydrogen spheres for Plug Power Inc.’s (NASDAQ: PLUG) new green hydrogen production facility in Genesee County, New York. The production facility, leveraging Plug Power’s proton exchange membrane (PEM) electrolyzer technology, is expected to produce 45 metric tons …

Seplat Energy Plc, leading indigenous energy company and its partners, the Nigerian Petroleum Development Company (NPDC), have awarded certificates to a total of 220 comprising 214 teachers and 6 Chief Inspectors of Education in Edo and Delta States under the Seplat Teachers Empowerment Program (STEP). This is the second edition …

  Initial data from the energy market show that non-energy sanctions against Russia have already reduced oil supplies leading to further price spikes and volatility, the International Energy Forum (IEF) said on Monday. Early market indications from Russia’s export hubs in the Baltics and the Black Sea show that demand …

Africa’s global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include  Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of …

McDermott International recently completed work under its first subsea, engineering, procurement, construction, and installation (EPCI) contract with Santos NA (19-12) Pty Ltd for the Bayu-Undan Infill Well Phase 3C Project in the Timor Sea located approximately 310 miles (500 kilometers) off the northwest coast of Darwin, Australia, and 124 miles …

Seplat Energy has become aware of newspaper and social media reports that the Nigerian National Petroleum Company Limited (“NNPC”) has exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited (“MPNU”) Joint Operating Agreement (“JOA”). The Company wishes to clarify that the Sale and Purchase Agreement (“SPA”), earlier announced …

The NAACP and BET announced that Academy Award-nominated actor and producer Samuel L. Jackson will receive the prestigious Chairman’s Award during the “53rd NAACP Image Awards”. The Chairman’s Award is bestowed in recognition of individuals who demonstrate exemplary public service and use their distinct platforms to create agents of change. Past honorees of the …

With Malawian farmers still reeling from tropical storms that devastated crops and livelihoods in recent weeks, Norway’s Minister of International Development and the President of the UN’s International Fund for Agricultural Development (IFAD) will visit the country to meet its leaders and small-scale farmers to discuss the impacts of climate …

Nigeria’s leading energy company, Shell, has reiterated its commitment to supporting efforts to help the country meet its lower carbon emission target. “Apart from this being the right thing to do, it is also good for our business in Nigeria,” Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), …