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Topic - Oil And Gas Industry
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Aug 28, 2015
Updated 2 hours 28 minutes ago The yearly Africa Oil & Gas Summit 2015, which is taking place this year on September 8 and 9 at the Sandton Convention Centre in Johannesburg, will focus on liquefied natural gas (LNG) as an upcoming energy resource.
Aug 21, 2015
Recent findings of high potential gas volumes in Southern Africa has given rise to government’s gas industrialisation aspirations, articulated in the Industrial Policy Action Plan (Ipap) that aims to be a key driver of economic growth, employment opportunities and...
Aug 21, 2015
Recent findings of high potential gas volumes in Southern Africa has given rise to government’s gas industrialisation aspirations, articulated in the Industrial Policy Action Plan (Ipap) that aims to be a key driver of economic growth, employment opportunities and...
Aug 14, 2015
IN WORKING ORDER The cost to rehabilitate the two 500 t Chinese portal cranes for the Integrated Logistic Services’ oil service centre was more than R2-million
Global lifting solutions provider Konecranes has rehabilitated two 500 t Chinese portal cranes for the Angolan National Oil Company’s (Sonangol’s) Integrated Logistic Services’ (Sonils’) oil service centre, says Konecranes Southern Africa technical and training...
Aug 05, 2015
The uncertain regulatory framework for oil and gas exploration and development in South Africa was likely to result in delays to the development of offshore and unconventional “frontier” projects, particularly in light of the depressed pricing environment, PWC’s...
Aug 05, 2015
Libya's biggest steel firm, Lisco, has shut production for at least a month due to power shortages, its chairman said on Tuesday, closing down the country's biggest industrial company outside the energy sector. Libya has been hit hard by power outages as fighting...
Jul 31, 2015
Onshore and offshore oil and gas industry veteran Roderick Keith MacLeod has been appointed the new chairperson for the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB), which is responsible for the regulation of petroleum activities in the Nova Scotia offshore...
Jul 30, 2015
The Ungani onshore oilfield, in the Kimberley was officially opened this week, marking the first oil development in the region in nearly 30 years. Mines and Petroleum Minister Bill Marmion said the joint venture (JV) between ASX-listed Buru Energy and Mitsubishi...
Jul 10, 2015
Jul 02, 2015
Jul 01, 2015
Jun 24, 2015
 
 
 
Jun 23, 2015
While the extent of South Africa’s shale gas reserves remains unproven, the development of a local natural gas market remains impeded by an “old” energy mindset that favours economies of scale through the construction of large power stations, rather than through the...
Jun 08, 2015
Despite an ongoing two-year strategic environmental assessment (SEA) into domestic hydraulic fracturing (fracking) by the Department of Environmental Affairs and claims from the environmental community that the consultation process around the formulation of fracking...
May 15, 2015
NEGATIVE OIL IMPACT EBH Namibia states that it is aware of the effects that the continued low oil price could have – not only on the downstream oil and gas sector in which it operates but on the Namibian economy as a whole.
Ship repair company Elgin Brown & Hamer (EBH) Namibia predicts that the oil price will most likely stabilise towards the end of 2016. The company states that it is aware of the effects that the continued low oil price could have – not only on the downstream oil and...
May 13, 2015
Committed teamwork, world-class workmanship and professionalism are key to the successful completion of a project. DCD Marine Cape Town has been commended by its client Unique Hydra for providing a quality service for its modification project on the vessel DSV...
May 12, 2015
Junior iron-ore miner Mount Gibson Iron is considering a logistics base to service the offshore oil and gas industry at its Koolan Island property. The ASX-listed company reported on Tuesday that it had entered into an agreement with logistics provider Qube...
May 04, 2015
Cost cutting measures from the Queensland resources sector have resulted in 43% of the Queensland Resources Council’s (QRC’s) members now falling within the lowest quartile of the global cost curve, the industry body reported on Monday. This was compared with only...
Apr 15, 2015
On the heels of groundbreaking developments last month with the announcement from the US Department of Energy that “shale won’t last beyond the next decade”, comes an article from the US (April 11) by Robert Weiner and Hannah Coombs, supporting views on the high rate...
Apr 02, 2015
The Alberta government's 2015/16 budget tabled last week would help keep the province's oil and gas industry competitive in a turbulent global market, supporting jobs and investment at a challenging time, the Canadian Association of Petroleum Producers (CAPP) said on...
Mar 24, 2015
Trade and Industry Minister Dr Rob Davies has announced the formation of a Ministerial task team – comprising representatives from the community, the business fraternity, labour and government – charged with addressing challenges in the oil and gas industry,...
Mar 17, 2015
The “Reward and Performance Management in Oil & Gas Master Class” is a well-researched event organised by Neoedge, a top events company based in Singapore. The forthcoming event will be held in Dubai, United Arab Emirates on 27th – 30th April 2015. The event agenda...
 
 
 
 
Mar 12, 2015
As one of the leading contributors to the economy of Namibia, ship repair company Elgin Brown & Hamer Namibia, is fully cognisant of the impact that the sustained low oil price could have - not only on the downstream oil and gas sector in which it operates - but on...
Feb 26, 2015
Against a backdrop of falling oil prices, companies in the oil and gas industry are increasingly considering reducing their exploration activity and finding ways to cut costs, including through large-scale retrenchments. Advisory firm PwC Africa Oil and Gas leader...
Feb 06, 2015
Stellenbosch University’s (SU’s) Central Analytical Facilities department launched the first and only nano computer tomography (CT) scanner in Africa in September last year, with the technology having the potential to benefit the mining industry in a cost-effective...
Feb 06, 2015
European aerospace company Airbus Helicopters, part of the Airbus group and one of the world’s biggest manufacturers of rotary-wing aircraft, is considering involving its South African subisidiary, Airbus Helicopters Southern Africa (AHZA), in supporting its oil and...
Jan 05, 2015
Despite a late-year plunge in crude oil prices, robust merger and acquisition activity (M&A) in the first ten months fuelled an increase in the total transaction value for global upstream oil and gas M&A deals in 2014, which rose 23% to $173-billion, according to...
Nov 27, 2014
Nov 13, 2014
A new report by PwC has identified the Australian oil and gas sector as one of the country’s highest value-adding industries. The report, commissioned by the Australian Petroleum Production & Exploration Association (Appea), revealed that for every dollar of...
Nov 13, 2014
The New South Wales government on Thursday announced plans to pause, reset and restart gas exploration in the state, implementing a strategic framework to deliver a well-regulated coal seam gas (CSG) industry. Resources and Energy Minister Anthony Roberts noted that...
Nov 05, 2014
Shell South Africa Marketing chairperson Bonang Mohale
Energy group Shell confirmed on Wednesday that the company had received notification from the Petroleum Agency South Africa (Pasa) that its applications for three exploration rights in the Karoo, which had been submitted in 2009, were being processed. But Shell South...
Oct 20, 2014
Energy company Shell has handed over rare, high-quality three-dimensional (3D) seismic data, collected off the west coast of South Africa, to the universities of the Western Cape and Cape Town to be used for the advancement of research and skills development relevant...
 
 
 
 
Oct 15, 2014
Marking South Africa’s first large-scale effort towards harnessing the up to R177-billion economic potential of its coastline, President Jacob Zuma has officially launched Operation Phakisa – an initiative adapted from Malaysia’s Big Fast Results Methodology that...
Oct 02, 2014
As one of the most established and experienced oil and gas upstream service providers in South Africa, and a company within the DCD Marine Cluster, DCD Marine Cape Town has earned a reputation as a safe, reliable and internationally competitive shipyard. Success in...
Sep 26, 2014
Sydney-listed energy group Challenger Energy says it is encouraged by recent indications of a “growing appreciation of the importance” of South Africa’s nascent shale gas industry and its potential beneficial impact to the broader economy, adding that momentum...
Sep 12, 2014
Since its decision to invest in existing equipment instead of buying new products, nylon web slings and endless round polyester slings manufacturer and distributor Kelmeg Lifting Services (KLS) has experienced significant growth over the past two years, with...
Sep 05, 2014
SAFETY IS PARAMOUNT Safety is non-negotiable in the oil and gas industry
Celebrating a milestone safety achievement of three-million man-hours without lost time through injury, diversified steel manufacturer Belmet Marine & Engineering recently announced the company was awarded a major oil rig contract by subsea engineering, construction...
Sep 03, 2014
Minister Ngoako Ramatlhodi
Oil and gas players in South Africa should have clarity on potential legislation changes by as early as next week, Mineral Resources Minister Ngoako Ramatlhodi said on Wednesday. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa Downunder...
Aug 29, 2014
An issue for many subsea oil and gas fields is that decreasing natural pressure is reducing recovery and shortening the lifetime of fields. Norwegian oil and gas multinational Statoil-owned Åsgard oilfield, situated about 200 km off the coast of Norway, has developed...
Aug 29, 2014
ENGINEERING INTERNS Yokogawa South Africa has been running a one-year internship programme for electrical (instrumentation) engineer graduates since 2009
Monitoring and control systems provider Yokogawa has restructured its operations to provide greater support for the company’s Africa-based operations over the past year, Yokogawa South Africa and Yokogawa Africa Anglophone Region (AAR) MD Johan Louw tells Engineering...
Aug 27, 2014
If approved, the much debated Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill, currently before President Jacob Zuma for final endorsement, was likely to create ambiguity and uncertainty around the overarching legislation governing the oil and...
Aug 26, 2014
Lamenting a “chicken and egg” scenario in the local liquefied natural gas (LNG) industry, South African Oil and Gas Alliance CEO Ebrahim Takolia has argued that South Africa should first increase the size and distribution network of the local gas market – initially...
 
 
 
 
Aug 18, 2014
Specialist resources recruiter DFP Resources has reported the third consecutive month of decline in its job index. The index dropped 2.5% in July, to 72.77, showing a total decline of 9.8% for the quarter.
Aug 14, 2014
Many countries in Africa remain a beacon for investment in the oil and gas industry, with around 8% of the world’s untapped proven oil reserves on the continent, said PwC Africa Oil and Gas Advisory leader Chris Bredenhann. Speaking at a South African National Energy...
Aug 06, 2014
With violent antigovernment demonstrations petering out and many of his leading opponents now muzzled, Venezuelan President Nicolás Maduro might be forgiven for thinking his administration is now on firmer ground. However, the underlying causes for the disturbances...
Aug 04, 2014
A high oil price and global political unrest has led to a sharp spike in major oil and gas arbitration cases for settling complex multi-million pound legal disputes. Research by legal firm Pinsent Masons found a leading arbitration body had received double the number...
Aug 01, 2014
The oil and gas industry in Africa is experiencing unprecedented growth, especially on the East Coast, where recent gas discoveries are transforming local economies in countries like Mozambique and Tanzania. South Africa is ideally positioned to become a major hub in...
 
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