Extractive 360
Posts By e360
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875INTERNATIONAL NEWSReports Forcats $148bn Global Spend On FPS By 2022
Westwood’s latest World Oilfield Equipment Market Forecast anticipates $148 billion of total global spending, including capex on the engineering, procurement, construction, and...
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4.7K29NEWSNEITI Urges Review Of PSCs As Billions Lost To Obsolete Law
The Nigerian Extractive Industries Transparency Initiative (NEITI) has called for the urgent review of the country’s obsolete Deep Offshore and Inland Basin...
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1.5KNEWSResearch Reveals NNPC’s Poor Contributions To Economic Value Chain
…as calls for PIGB assent mounts Despite being in charge of the Nigeria’s vast oil and gas resources and controlling majority...
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1.0KNEWSOil Prices Spike As OPEC Sticks To Increased Output
Oil prices soared Friday as a divided OPEC came together and agreed to modest production increases of 1 million barrels a day....
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1.1KINTERNATIONAL NEWSPetrobras Puts More Offshore Fields Up For Sale
Petrobras has initiated the non-binding phase for sales of its interests in further fields offshore Brazil, according to Offshore report. The latest...
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881INTERNATIONAL NEWSExxonMobil Makes Eighth Deepwater Oil Discovery Offshore Guyana
ExxonMobil and its partners have achieved an eighth deepwater oil discovery in the Stabroek block offshore Guyana. The Longtail-1 exploration well, spudded...
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1.2KINTERNATIONAL NEWSShell Exits Malaysia LNG Venture, To Sell Norwegian Stake For $556m
Shell Gas Holdings (Malaysia) has completed the sale of its 15percent stake in Malaysia LNG Tiga (MLNG Tiga) to the Sarawak State...
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740INTERNATIONAL NEWS
New Local Content Regulations To Accelerate FPSO Deployments In Brazil
Brazil’s new local content regulations could fasttrack the deployment of FPSO units, boosting presalt oil production by more than 21 Bbbl by...
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916NEWSNigeria Sees Slump In Oil Prices As Growth Opportunity
Despite slump in oil prices, the Nigerian National Petroleum Corporation (NNPC) has outlined plans to attract private investments, ensure sustainable development and...
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690NEWSOil Price Too High Trump Says, Blames OPEC
US President Donald Trump has declared that oil prices are too high and blaming the Organisation of Petroleum Exporting Countries and non-OPEC...