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Topic - Oil And Gas Industry
May 04, 2016
The Australian resources sector has welcomed the federal government’s 2016/17 Budget, which saw Treasurer Scott Morrison assigning A$100-million to Geoscience Australia to boost the productivity and competitiveness of the minerals sector. Resources and Energy...
Apr 28, 2016
The Australian Petroleum Production & Exploration Association (Appea) on Thursday told a Senate hearing that the development of an oil province in the Great Australian Bight would deliver benefits to both South Australia and Australia as a whole. A Senate committee...
Apr 20, 2016
Like all stakeholders in the international oil and gas industry, leading ship repair company, Elgin Brown & Hamer (EBH) Namibia, has been closely tracking the sliding oil price since it dropped to below US$ 80 per barrel in late 2014. In anticipation of the ‘lag...
Apr 19, 2016
Offshore and onshore healthcare and medical solutions company Iqarus has acquired Exmed, a leader in remote medical support, equipment and clinical education, as it further progresses its global growth strategy. Exmed’s customers include prominent international...
Apr 15, 2016
Despite hosting more than 30% of global mineral reserves, the Middle East and North Africa (MENA) region severely lacks exploration and resource development investment. The region’s mining industry is facing several challenges, such as social and environmental...
Apr 13, 2016
Sioux Corporation continues to improve their line of industry leading all-electric pressure washers and steam cleaners by obtaining additional certifications. Sioux’s explosion-proof pressure washers and steam cleaners are now approved for Class I, Division 1, Group...
Apr 08, 2016
Outgoing Antofagasta CEO Diego Hernández
Chile-focused copper miner Antofagasta on Friday announced that Diego Hernández would retire and immediately start a process to hand over the reins to Antofagasta Minerals CEO Iván Arriagada. The LSE-listed company advised that copper industry veteran Hernández would...
Mar 29, 2016
WA Premier Colin Barnett
A reshuffle of the Western Australian Cabinet has seen Bill Marmion being replaced by Sean L’Estrange as Minister for Mines and Petroleum. Marmion has now been appointed as Minister for State Development, a role previously held by Premier Colin Barnett, while...
Mar 04, 2016
Feb 29, 2016
Feb 29, 2016
Feb 23, 2016
Feb 19, 2016
Asset writedowns of A$2.8-billion after tax have plunged Australian oil and gas producer Santos into a full-year loss of A$2.7-billion. The impairment charges were primarily a reflection of the current oil price environment and related predominately to the company’s...
Feb 12, 2016
The South African Marine Research and Exploration Forum (Samref) was recently launched by Science and Technology Minister Naledi Pandor. The Forum is a joint initiative of the Department of Science and Technology (DST) and the Offshore Petroleum Association of South...
Feb 09, 2016
Two world-class distribution, materials handling and storage expos have been added to the Cape Industries Showcase taking place from 13 to 15 July 2016 at the Cape Town International Convention Centre. The Cape Logistics Expo and the Temperature Controlled Storage...
Feb 08, 2016
Tanzania has opened 2016 as a serious contender to Mozambique Gas reserves, and the banter of 2015, pitting the two countries together in a race to come on stream first. Recent Tanzania market developments include:
Feb 05, 2016
DE AAR SOLAR FARM Bidvest Panalpina Logistics was instrumental in the Northern Cape solar power project
The continuous progression of South Africa’s industrial development zones (IDZs) and special economic zones (SEZs) as well as the implementation of associated legislation are crucial for the sustainable growth of the energy sector, says supply-chain specialist...
Feb 05, 2016
ENHANCED SERVICE The integration of 6Sigma into DCD Marine as in-house engineers has resulted in significantly improved process efficiency
Turnkey ship repair solutions provider DCD Marine Cape Town has enhanced its engineering capacity through a strategic partnership with engineering firm 6Sigma Naval Architects and OffShore Engineering. 6Sigma, established in 2012, provides specialist engineering...
Jan 29, 2016
A view over the Indian Ocean
The South African Marine Research and Exploration Forum (Samref) was launched on Friday by Science and Technology Minister Naledi Pandor. The forum is a joint initiative of the Department of Science and Technology (DST) and the Offshore Petroleum Association of South...
Jan 29, 2016
ADRIENNE RATMANSKY Frack mining combines the mining industry’s practice of in-situ leaching with the oil and gas industry’s hydraulic fracturing process
Miners currently face many challenges, from low commodity prices to the exhaustion of accessible high-quality orebodies and high development costs. However, by drawing on the oil and gas industry’s process of hydraulic fracturing, or fracking, miners may have new...
Jan 21, 2016
Fierce competition and cyber incidents rank as major new threats. Top business risks for Africa and Middle East are appearing for the first time with macroeconomic developments, market developments and changes in legislation and regulation leading the way  Globally...
Jan 12, 2016
Oil and gas major Beach Energy has appointed Matthew Kay as CEO, effective from July 17. Kay, which is currently the executive GM of strategy and commercial at ASX-listed Oil Search, would replace acting CEO Neil Gibbins.
Jan 05, 2016
As the oil and gas industry continues to face a myriad of headwinds going into the new year, UK-based boutique advisory firm SP Angel believes 2016 will mark a transitional 12 months for the industry with a rising oil price. SP Angel, which is currently finalising...
Dec 11, 2015
Foreign companies exploring for oil and gas in Kenya have opposed the planned introduction a 5% tax on the sale and acquisition of exploration blocks. The companies contend that a clause in the Petroleum (Exploration Development and Production) Bill 2015 that seeks...
Dec 09, 2015
Toronto-headquartered First Bauxite has been given at least a two-year extension to the construction starting date for its Bonasika ceramic proppant project, in Guyana. The TSX-V-listed company reported on Tuesday that the Guyana government had extended the...
Dec 04, 2015
More than two-thirds of global oil and gas executives expect to pursue an acquisition in the next 12 months, a recent survey by advisory firm EY has found. In its Oil & Gas Capital Confidence Barometer, EY noted that this represented a 10 percentage point increase...
Dec 03, 2015
The Australian Petroleum Production and Exploration Association (Appea) has called for consistent regulatory policies across Australia, after Canada surpassed Australia as the second-most attractive region for upstream petroleum investment. The Fraser Institute’s...
Nov 30, 2015
The tide has turned for South African ports and the Transnet National Ports Authority (TNPA) is pressing ahead with its investment under Transnet’s Market Demand Strategy (MDS) notwithstanding poor economic growth. TNPA CEO Richard Vallihu told a TNPA...
Nov 24, 2015
The Queensland Resources Council (QRC) has called on Australian politicians to stand up for the oil and gas industry against unrelenting attacks from environmental groups. Speaking at the Queensland Gas Conference, QRC CEO Michael Roche said this week that the...
Nov 20, 2015
Cape Town-based chemicals industry training centre AOOG company coordinator Nicole Smithdorf would like more South Africans to enrol for training at the centre, as he predicts an end to the current oil slump in 2016, leaving the industry in need of trained personnel...
Nov 19, 2015
The Northern Territory government has released a new oil and gas development strategy aimed at guiding the industry’s future. Chief Minister Adam Giles said on Wednesday that the strategy would set government on the right track to regulate this developing industry.
Nov 09, 2015
Nov 06, 2015
LANGLEY GATE VALVES The Langley range is mostly sold to the oil and gas industry where the valves are suited to the demanding applications
Valves stockist and distributor Heaton Valves Africa in August supplied two 24", class 300 Langley gate valves to petrochemicals company Sasol’s Secunda-based synfuels operation in Mpumalanga, says Heaton commercial executive Grant du Plessis.
Oct 30, 2015
The project involves the development of an offshore optical cable that will significantly reduce the cost-per-bit associated with the delivery of data traffic to Angola.
Oct 29, 2015
Multinational oil and gas companies should embrace the concept of localisation in the countries in which they operate, partnering with governments and local communities to lower supply-chain costs, boost local skills development, reduce risk and enhance their local...
Oct 26, 2015
Dual-listed Nigerian energy group Oanda has recorded an after-tax loss of N35-billion for the six months to June 30 compared with an after-tax profit of N9-billion in the six months to June 2014. Further, its gross profit decreased by 27% year-on-year to N37-billion...
Oct 26, 2015
Valves and fittings are used in a wide variety of different industries. They ensure safety in the oil and gas industry, channel liquids and gases in the chemical industry, regulate incoming and outgoing water and ensure a free flow of liquid in the drinks industry....
Oct 23, 2015
International integrated energy and chemicals company Sasol earlier this year handed over about 600 desks to education authorities in Mozambique’s Inhambane as part of the Mozambique government’s “Take the Children off the Floor” initiative initially established in...
Oct 19, 2015
The Department of Environmental Affairs has issued an environmental authorisation for Shell South Africa Upstream BV’s proposed exploration drilling in the Orange Basin Deep Water Licence Area, off South Africa’s west coast. This gives Shell permission to drill up to...
Oct 16, 2015
Oil and gas major Santos has made the first shipment of liquefied natural gas (LNG) from the $18.5-billion Gladstone LNG project (GLNG). The cargo was bound for South Korea.
Oct 16, 2015
“Presenting its products to members from the construction and the mining industries was the focus for steel product manufacturer Scaw Metals at this year’s BAUMA CONEXPO AFRICA, held at Johannesburg Expo Centre from September 15 to 18,” says company sales and...
Oct 16, 2015
The oil and gas sector in East Africa is projected to attract massive inflows of investments over the next decade as foreign companies seek to exploit the newly discovered deposits. A new report by UK-based business intelligence firm Visiongain, titled 'East African...
Oct 14, 2015
Australia-based oil and gas engineering and construction company and wholly-owned Murray & Roberts (M&R) subsidiary Clough has acquired Canadian engineering services company Enercore Projects, establishing Clough’s Canadian engineering, procurement and construction...
Oct 12, 2015
DCD Marine Cape Town has long focused on education and skills development, which is why the company welcomed the opportunity to engage through Total E&P South Africa, with learners from the LEAP Science and Maths School in Cape Town, and introduce them to future...
Oct 12, 2015
Yokogawa announces that its subsidiary, Yokogawa India Ltd., has won a turnkey project order valued at 730 million rupees (US$11 million) to automate truck loading terminals for the Bharat Petroleum Corporation Ltd. Under the terms of the contract, Yokogawa India...
Oct 07, 2015
Four offshore petroleum exploration permits, representing A$297-million in new investment, have been granted in Commonwealth waters off Western Australia as part of the second round of the 2014 offshore petroleum exploration acreage release. Federal Resources and...
Oct 05, 2015
Internet protocol networking, ultrabroadband access and cloud technology specialist Alcatel-Lucent is preparing to deploy a 1 900 km fibre-optic submarine network offshore Angola. The company’s undersea cables subsidiary Alcatel-Lucent Submarine Networks was awarded...
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