Over 200 died in Nigeria oil pipeline explosion

The number of casualties after an oil product pipeline explosion in Nigeria has reached 200 as people from local communities have gathered to protest the negligence of the Nigerian National Petroleum Corporation which, they allege to be the reason for the explosion. The pipeline exploded after it caught fire near the Aba Depot last week.

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NOBLE ENERGY

Noble Energy Stakes sold in Tamar field

Noble Energy has sold its 43.5% stake in Israel’s Tamar natural gas field, a week after announcing that it will fund a natural gas export deal with Egypt, according to reports. The Texas-based firm has sold all of its 40 million shares in the Tamar field for $4.26 each through the Tel Aviv Stock Exchange. The announcement

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Chevron

Chevron signs deal on field development with Basra oil company

Iraq’s Basra Oil Company and Chevron signed an agreement to start oilfield development, with plans for a new energy company and a refinery, according to the country’s oil ministry. The deal includes preliminary studies, after which an energy company will be established. It will execute field development and feasibility studies will be carried out in addition to gas processing

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Total

Total to boost its Nigeria output

French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding that the increase will come from the development of the Egina Deep project. “Our plan is to maintain aggressive exploration and appraisal

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South Pars is the world’s single largest natural gas field, which is being developed in several phases

China to expand energy footprint in Iran

The next episode of friction between Beijing and Washington could be staged in Iran, where a top Chinese energy firm, defying latest U.S. sanctions, is likely to expand its stake in a giant Iranian gas field. China National Petroleum Corporation (CNPC), the world’s third-largest oil and gas firm, has replaced Total, the French energy giant,

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Petrofac was previously awarded a contract in 2011

Petrofac awarded EPC contract from Basra Oil Company

Petrofac has been awarded an Energy Performance Certificate with a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the central processing facility (CPF), located in the Majnoon field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum EPC project scope of work includes two oil processing trains, able

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