Tag Archives: OIL

Oil and Gas training for Western Cape province’s artisans

By Thandisizwe Mgudlwa Around the September month, Dormac’s first group of learner artisans commenced with their institutional training at Saldanha’s West Coast College, Western Cape province. The training forms part of the Accelerated Artisan Training Programme (AATP) in welding and concludes with the National Trade Test which, if successfully completed, will result in a trade […]

The 10th Forex Conference & Expo Kicks off this Thursday 15 November in Dubai

  The show will open its doors in Dubai at 10:00 am on Thursday and will cover online trading currencies, commodities, gold, oil, stocks and derivatives, at Jumeirah Beach Hotel Dubai, and will continue until Friday November 16, 7:00 pm. ” Forex for this year 2012 will witness the participation of Swiss banks specialized in […]

Petrochemical giant innovates the ‘Shell Alexia S4’

By Thandisizwe Mgudlwa It has be called a Shell’s Special Marine Oil. The announcement that the global group of energy and petrochemicals companies Shell, has launched the Shell Alexia S4, an innovative marine engine oil, has been welcomed by experts as an important step in the development of the industry. And unlike conventional cylinder oils, […]

SkyVision to improve the level of communication in Africa

By Thandisizwe Mgudlwa   SkyVision has invested in Africa and will be expanding its local presence.   On Monday of this week SkyVision Global Networks Ltd, a leading global provider of IP connectivity over satellite and fibre optic systems, announced in Cape Town, South Africa that it will continue expanding its local presence across Africa. […]

Nigeria’s Constitution Review: Nigerians reject rotating the presidency between North and South

By Hussaini Umar Nigerians yesterday rejected single term presidency, which is being canvassed by President Goodluck Jonathan, during the House of Representatives Public Hearing on the review of the 1999 Constitution at the 360 Federal Constituencies in the country. Also, in most states, the call for the creation of additional states and the recognition of […]

Standard Bank Group leads US$550m Shoreline Natural Resources facility

Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources. This is one of the largest finance deals completed in Nigeria so far in 2012. Shoreline has used the facility to acquire 45% in OML 30, an oilfield in the Niger Delta […]

IMF Concludes ECF Review Mission to the Central African Republic

BANGUI, Central African Republic, November 8, 2012/African Press Organization (APO)/ – A mission from the International Monetary Fund (IMF) led by Mr. Norbert Toé visited Bangui, Central African Republic (CAR), during October 24 to November 8, 2012 to conduct the first review of the three-year program supported under the Extended Credit Facility (ECF). The mission […]

VAALCO Energy Provides Update on Mutamba Iroru Block Onshore Gabon

HOUSTON, Nov. 8, 2012 /PRNewswire/ — VAALCO Energy, Inc. (NYSE: EGY) today announced that the N’Gongui 2 exploration well being drilled onshore Gabon in the Mutamba Iroru concession has encountered hydrocarbons in the objective Gamba sandstone section. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO ) Robert Gerry, Chairman and CEO, commented: “With our partner, Total Gabon, we have elected to […]

Orange Business Services appoints new General Manager in Middle East & Africa

  Orange Business Services appoints new General Manager (.pdf Acrobat Reader)   priority on banking & finance, oil & gas and smart cities sectors   Orange Business Services, the business services arm of France Telecom-Orange and one of the Middle East’s major ICT employers, has appointed Jean-Luc Lasnier as the new General Manager for the […]

Lubricant Demand Growth Stalls in Mature Markets, Strong Growth on the Horizon for New Emerging Markets, Sees Kline

PARSIPPANY, N.J., Nov., 2012 /PRNewswire/ — Despite the challenges of a precarious economic environment, the 2011 global lubricant market grew a resilient 2%, with global lubricant demand estimated at 38.6 million tonnes. This growth was largely fuelled by the BRIC countries’ resurgent industrial activity and expansion in the commercial and passenger vehicles sales, according to the […]

American Businessman Talks About Investment In Equatorial Guinea

More than 25,000 Americans Work in Equatorial Guinea Today MALABO, Equatorial Guinea, Nov., 2012 /PRNewswire-USNewswire/ — Investing in Equatorial Guinea is a flexible and friendly process, according to American businessman John James. In a recent interview with Focus Washington, John James, founder and chairman of JD James & Company, an advisory firm serving governments, government […]

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) […]

PanAtlantic Exploration Company Adopts Paradigm’s Subsurface Software Suite for International Deepwater Exploration and Production Projects

Paradigm solutions to improve cycle times and enhance subsurface reliability.   [05-November-2012]   LAS VEGAS, Nov. 5, 2012 /PRNewswire/ — Paradigm™ (www.pdgm.com) announced today that PanAtlantic Exploration Company has adopted Paradigm geophysical and petrophysical applications for all of its exploration and production work in the deepwater environments of Brazil and Africa. PanAtlantic will use the […]

CAMAC Energy Inc. to Present at 19th Africa Oil Week

  HOUSTON, Oct., 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”)  announced that Dr. Kase Lawal, Chairman and Chief Executive Officer, will present at the Corporate Strategies in Africa session at the 19th Africa Oil Week  in Cape Town, South Africa on Friday, November 2 at 9:10 a.m. South Africa Standard time (2:10 […]

Oil and Gas industry leaders sign up to join the Energy Ministers of Kenya, South Sudan, Tanzania and Mozambique at the Official East Africa Oil and Gas Summit co-hosted by the Ministry of Energy Kenya 13-14 November, Nairobi

  EAOGS October (MS word) Momentum is building towards the East Africa Oil and Gas Summit as market drivers TULLOW, NOC KENYA, PETROBRAS, HALLIBURTON, EXXON, ANADARKO, WEATHERFORD, FUGRO, TOTAL SA, AFREN, CHASE, BERTLING, ECO BANK, CCC, IMARA ENERGY, SIMBA, NILEPET, OPHIR and YOKAGAWA all signed up as delegates this week to attend the Ministers’ Official […]

AIOGACE 2013: 2nd Angola International Oil and Gas Conference and Exhibition

  AIOGACE (Microsoft Word) “On behalf of the Ministry of Petroleum, Republic of Angola and AME Trade, we are pleased to invite you take part in the second edition of the Angola International Oil and Gas Conference and Exhibition ( AIOGACE ) The first edition was a major success and attracted a total of 43 […]

UMEC 2013: 1st Uganda, Mining, Energy & Oil & Gas Conference and Exhibition

  UMEC 2013 (Microsoft Word format) UMEC 2013 is a turnkey event focusing on the Republic of Uganda’s mining, energy and petroleum potential and their sustainable development. UMEC will feature two days of conference sessions, a trade exhibition, round table discussions, seminars as well as touristic trips and technical visits. The event will be organized […]

Oando Energy Resources Announces Spudding of Ebendo-5 Well

  CALGARY, Alberta, October 16, 2012 /PRNewswire/ – Oando Energy Resources Inc. (“OER” or the “Company”) (TSX:OER), a company focused on oil exploration and production in Nigeria, today announced the spudding of the EB-5 well in the Ebendo Field (OML 56), located onshore Nigeria. OER commenced drilling operations on October 12, 2012 and has reached […]

Equatorial Guinea Gives US$30 Million To FAO For Food Aid In Africa

  Equatorial Guinea Gives US$30 Million To FAO For Food Aid In Africa Equatorial Guinea joins the fight to end hunger in Africa MALABO, Equatorial Guinea , Oct. 12, 2012 /PRNewswire-USNewswire/ — Equatorial Guinea has offered US$30 million to the Food and Agriculture Organization of the United Nations (FAO) to assist African countries with food shortages and improve food security across the continent. The donation […]

Platts: September OPEC Oil Output Drops to 31.15 Million Barrels per Day

LONDON , Oct., 2012 /PRNewswire/ — Crude oil output from the Organization of Petroleum Exporting Countries (OPEC) fell by 390,000 barrels per day (b/d) to 31.15 million b/d in September, with Saudi Arabia and Nigeria accounting for the bulk of the month-on-month drop, a Platts survey of OPEC and oil industry officials and analysts showed October […]

Equatorial Guinea Tourism Portal Launched in NYC

  New York, NY, October 13, 2012 –(PR.com)– GC Media is the communications partner for Goree Challenge IV. “The facebook page is designed to bring the Spirit of Malabo to the world”, said Victor Mooney of US based South African Arts International (SAAI). The site will provide an opportunity for the public to see the […]

Equatorial Guinea Airline Inaugurates Service To Europe

  Ceiba Intercontinental Adds Malabo – Madrid Route MALABO, Equatorial Guinea, Oct., 2012 /PRNewswire-USNewswire/ — Equatorial Guinea‘s national airline, Ceiba Intercontinental, made its historic first intercontinental flight on October 4 from Malabo, Equatorial Guinea, to Madrid. Ceiba will service the route with a newly acquired Boeing 777 aircraft. The Ministry of Civil Aviation of Equatorial […]