Africa has abundant gas reserves, and if well leveraged, these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges. The Chief Executive Officer of Seplat Energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW) Conference and Exhibition in Cape Town, South Africa. …

  The Managing Director, of The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, of Shell Companies in Nigeria (SCiN), Osagie Okunbor, has received an “Award of Excellence to an Astute and Visionary Technocrat” from the newly instituted executive leadership of the Petroleum Technology Association of Nigeria …

    Shell has named a new Managing Director for its deep-water subsidiary in Nigeria, Shell Nigeria Exploration and Production Company Limited (SNEPCo.) He is Ronald Adams, formerly Chief Executive Officer of Atlantic LNG, Trinidad and Tobago. He takes over from Elohor Aiboni who proceeds on international assignment to Brunei Shell Petroleum …

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, in partnership with the Central Bank of Nigeria (CBN), successfully concluded a workshop on Non-Interest Banking and Trade Finance in Nigeria. Held from 17th to 19th September 2024 in Abuja, the sessions aimed to …

 McDermott International, Ltd (McDermott) announced it has agreed to sell its CB&I storage business (CB&I) to a consortium of financial investors led by Mason Capital Management. Under the terms of the agreement, McDermott expects to receive $475 million of proceeds before taxes and transaction expenses. The transaction is expected to …

McDermott has been awarded an engineering, procurement, construction, and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project. This new contract is in addition to the awards received by McDermott earlier for the NFS Pipelines FEED, the NFS Jackets EPCI, and the …

  Story By Gladys Johnson CB&I, a wholly owned unrestricted subsidiary of McDermott, and Korean world-class shipbuilder Hanwha Ocean have received Approval in Principle (AiP) for the design of a cargo containment system and an 80,000 m3 liquid hydrogen (LH2) carrier from DNV, a leading classification society for shipping. DNV formalized …

  Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society. The signing ceremony took place at the Gastech Exhibition & Conference in Houston …

 McDermott and BW Offshore have entered a collaboration to advance the technical and commercial viability of offshore blue ammonia production. This strategic partnership aims to enable a viable pathway for offshore blue ammonia production, contributing to the global transition to low-carbon energy sources, and reinforcing both companies’ commitment to sustainable …

Pioneering the Future of Decarbonization & Low-Carbon Solutions for a Resilient Global Energy System Story By Gladys Johnson The Gastech 2024 continued to forge the energy industry’s route towards achieving net-zero emissions and sustainable growth. Alongside a continued focus on the central role of natural gas and LNG, the day’s …