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McDermott Awarded PMC Contract from IOCL

McDermott has been awarded a project management consultancy (PMC) contract from India Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India. McDermott’s scope includes project management and consultancy services for the unit, including front-end …

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NUPRC Boss receives Heritage Energy CEO

The Chief Executive of the Nigeria Upstream Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, hosted the Chief Executive of Heritage Energy Operational Services (HEOSL), Ado Oseragbaje, in his Abuja office on Wednesday 29th March 2023, during a courtesy call by the leadership of HEOSL to the oil and gas industry regulator. …

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Why acquisition of Mobil assets is delayed, by Seplat 

 More facts have emerged on why the planned acquisition of shallow water assets of Mobil Producing Unlimited, Nigeria (MPNU) is delayed. Seplat, an indigenous energy company, had in February sealed an agreement to acquire the entire share capital of MPNU from Exxon Mobil Corporation. The transaction, which is subject to …

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September MFOR: NNPC Records 353% Increase in Trading Surplus

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a trading surplus of ₦37.50billion for the month of September 2021 representing a 352% increase from the ₦8.29billion surplus in August 2021. Details of the figures contained in the September 2021 NNPC Monthly Financial and Operations Report (MFOR) indicate that the rise in …

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McDermott Awarded Mega EPCI Projects by QatarEnergy

McDermott International continues its winning streak in the Middle East with a mega offshore contract from Qatar Energy, a long standing key customer, to deliver engineering, procurement, construction and installation (EPCI) for the North Field East (NFE) Topsides and the North Field East (NFE) Offshore Pipelines and Subsea Cables projects, with an option included to also award the …

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