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Topic - Oil And Gas Industry
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...
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...
Jul 30, 2014
Nigeria-focused oil and gas explorer Oando Energy Resources (OER) on Wednesday announced that it had completed the acquisition of the Nigerian upstream oil and gas business of New York-listed ConocoPhillips for a total cash consideration of $1.5-billion as well as a...
Jul 25, 2014
Since becoming part of Renttech South Africa in 2011, Kelmeg Lifting Services has enjoyed a strong growth trajectory, with manufacturing output increasing by 40% This is according to Rodney Young, Factory Manager at KLS, who was appointed at the time of the...
Jul 25, 2014
A unit of the World Bank has lent Kenya $50-million at zero interest to support the government's efforts in building capacity to manage the emerging oil and gas industry. Oil discoveries in Kenya are part of a string of hydrocarbon finds in the east African region...
Jul 01, 2014
Jun 26, 2014
May 24, 2014
May 23, 2014
May 13, 2014
Nextgen Group has signed an agreement with global resource leaders, Shell and INPEX, to deliver an optical fibre cable system delivering critical infrastructure for the nation’s resources industry. Nextgen will build, own and operate the cable system supporting...
May 12, 2014
Offshore engineering solutions company, Aquaterra Energy , with headquarters in Norwich has partnered with Norwich School to take part in the Engineering Education Scheme with four Year 13 pupils. The partnership aims to help attract a pool of...
May 09, 2014
The Australian petroleum and gas industry has called on the Queensland government to rule out any increases in taxes or royalties imposed on the industry. Australian Petroleum Production and Exploration Association (Appea) COO for Eastern Australia Paul Fennelly...
May 06, 2014
Launched recently onto the market, Voith’s new Vorecon variable-speed planetary gear is already gaining customers in the oil and gas industry around the world. Ten of the Vorecons with dual torque converter (DTC) have already been sold to American pipeline and gas...
May 05, 2014
We live in a ‘mobile world’ where jobs are no longer viewed as a life-long commitment and portfolio careers are becoming a norm.  Yet, for companies like offshore engineering solutions provider Aquaterra Energy, the long-term commitment of the skilled engineers...
May 02, 2014
Since the beginning of 2014, several key Stage 2 contracts have been awarded.
Apr 29, 2014
Newly appointed SacOil CEO Dr Thabo Kgogo
Independent upstream oil and gas company SacOil on Monday announced the appointment of South African national oil company PetroSA acting COO Dr Thabo Kgogo as CEO of SacOil with effect from June 1. Kgogo, with more than 12 years experience in the oil and gas...
Apr 18, 2014
RODNEY YOUNG Being local provides absolute control over the quality of our output and the level of our customer service
Lifting and hoisting specialist company Kelmeg Lifting Services (KLS) reports that it has prioritised the development of its range of existing products, in an effort to supply the market with its best possible offering.
Apr 07, 2014
Advisory firm PricewaterhouseCoopers (PwC) on Monday reported that Australia’s oil and gas industry was lagging its global counterparts in critical capabilities, but noted that a renewed focus on upstream activity, including the adoption of lean manufacturing...
Apr 07, 2014
Colin Barnett
Western Australian premier Colin Barnett on Monday reprimanded the oil and gas industry for taking its relationships with the state and federal governments for granted. Speaking at the first day of the Australian Petroleum Production and Exploration Association...
Apr 07, 2014
Despite the numerous challenges facing the Australian oil and gas industry, the sector would remain one of the economy’s shining lights, Australian Petroleum Production and Exploration Association (Appea) chairperson Rob Cole said on Monday. Speaking at the Appea...
Apr 02, 2014
Cape Town-based CNC machinery manufacturer Uni-Cam SA has staked its claim at the Oil & Gas Africa 2014 expo to display its new range of Computer Numerical Control cutting machines, including several new heavy-duty industrial routers. The show takes place from 2 to 4...
Mar 28, 2014
The National Council of Provinces (NCOP) on Thursday approved the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill, clearing it to be signed into law by President Jacob Zuma. The controversial Bill which had been creating concerns in the mining...
Mar 27, 2014
As Nigeria’s economy continues to post promising growth figures, the State’s ability to maintain economic momentum will rely on its ability to diversify its economy away from a hefty reliance on its burgeoning oil and gas sector. “As soon as an economy focuses...
Mar 21, 2014
In his State of the Nation Address last month, President Jacob Zuma reiterated government’s belief that hydraulic fracturing (fracking) would be a game changer for the South African economy, while Mineral Resources Minister Susan Shabangu announced in January that...
Mar 13, 2014
The Chamber of Mines (CoM) on Thursday said it generally welcomed and supported the approval of the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill by Parliament on Wednesday, stating that it believed that significant progress had been made in...
Mar 12, 2014
The share price of ASX-listed Cott Oil and Gas increased by 8% on Wednesday after the company announced that it had receied an expression of interest from Wison Offshore and Marine to support the development of a floating liquefied natural gas (FLNG) facility at its...
Mar 07, 2014
Patrick Phelan, Managing Director of Aquaterra Energy, has called for employers to reach out to schools to inform teachers, career advisors, parents and students about the great career opportunities available in engineering, and the oil and gas industry in...
Mar 03, 2014
Outokumpu VDM GmbH has entrusted SMS Siemag with the supply of a new cold plate leveler for the Altena location, Germany. The cold plate leveler will be specifically designed for the high-performance materials made by Outokumpu VDM and equipped...
Feb 28, 2014
The Australian oil and gas industry has welcomed Environmental Minister Greg Hunt’s endorsement of streamlined approvals processes for offshore oil and gas operations that maintained existing high environmental safeguards. Hunt had endorsed making the National...
Feb 28, 2014
INNOVATIVE DESIGN Cape Town has been voted as the World Design Capital for 201
The biggest growth potential or geographical dispersion of economic activity in the Western Cape lies in the Cape metropolitan area, and the adjacent Cape Winelands district, where 85% of the real value is generated through production, states the Western Cape...
Feb 24, 2014
The Department of Trade and Industry (DTI) is heading to Pemba, in Mozambique, to promote South Africa’s oil and gas industry and attract trade and investment. The DTI explained in a statement that the outward investment mission, from February 24 to 28, aimed to...
Feb 24, 2014
Last week, the Portfolio Committee on Energy held a stakeholder engagement; the discussion was to assess the upstream sector in the oil and gas industry. Chairperson of the Committee, Mr Sisa Njikelana, said the purpose of the stakeholder engagement was to create a...
Feb 21, 2014
Players in the oil and gas industry have warned of increasing impatience over the continued uncertainty surrounding the Mineral and Petroleum Resources Development Amendment (MPRDA) Bill. Parliament’s Portfolio Committee on Mineral Resources this week delayed its...
Feb 20, 2014
The UK’s oil and gas industry supports some 440,000 jobs across the UK and with business confidence and investment in the industry growing, an estimated 20,000 more jobs will be created in the North Sea alone this year, making the skills shortage in the thriving...
Feb 20, 2014
DCD Marine Cape Town, one of the most established and experienced oil and gas upstream service providers in South Africa, is ‘on a roll’ with a number of projects already underway this year for the oil and gas sector.  With the commencement of three large...
Feb 20, 2014
The Northern Territory government would launch an inquiry into the merits of hydraulic fracturing, or fracking, in the state, as well as its potential effects on the environment. The territory’s Environmental Minister Peter Chandler said that fracking could be the...
Feb 13, 2014
As one of the most established and experienced oil and gas upstream service providers in South Africa, DCD Marine Cape Town has earned its reputation as a safe, reliable and internationally competitive shipyard. Since its inception in 1903, the company has worked...
Feb 06, 2014
Since becoming part of Renttech South Africa in 2011, Kelmeg Lifting Services has enjoyed a strong growth trajectory, with manufacturing output increasing by 40%. This is according to Rodney Young, Factory Manager at KLS, who was appointed at the time of the...
Jan 17, 2014
The Shah Deniz consortium announced the final investment decision for the Stage 2 development of the Shah Deniz gasfield in December 2013.
Dec 16, 2013
As Australia’s resources sector shifts from construction into operations and as major oil and gas projects come become operational, a new industry response on skills development is needed to avoid an undersupply of critical skills. This is one of the key findings...
Dec 11, 2013
TSX-listed specialty chemicals producer Western Lithium Corp on Tuesday announced that it had received all significant permits and approvals necessary to start construction of a hectatone organoclay manufacturing plant, in Fernley, Nevada. Western Lithium aimed at...
Nov 26, 2013
Health, safety and environmental factors rank as the greatest risks facing the oil and gas industries, a study by EY has shown. The report, titled ‘Business Pulse; Exploring the dual perspectives of the top 10 risks and opportunities in 2013 and Beyond’, surveyed...
Nov 08, 2013
All credit for industrial valve manufacturer, supplier and exporter Gunric Valves’ valve designs goes to joint MD Gunter Schmikal, who is all at once the company’s chief executive, designer and research and development department.
Nov 08, 2013
Many would-be exporters must have envied Gunric Valves for the speed with which it gained acceptance in the world market when it entered it in 1995 offering its own home-grown version of a triple eccentric metal seated butterfly valve, says joint MD Gunter Schmikal.
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