Extractive 360
Posts By e360
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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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1.1KNEWSOil 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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1.2KINTERNATIONAL 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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924INTERNATIONAL 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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777INTERNATIONAL 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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958NEWSNigeria 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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728NEWSOil 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...
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1.1KINTERNATIONAL NEWSExxonMobil Stresses Local Content For Offshore Development
Drilling, according to ExxonMobil’s latest progress report, started last month on the first of 17 wells planned for the Liza Phase 1...
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1.1KKnowledge CentreDeepwater ‘Sweet Spots’ Set To Dominate Exploration Drilling
The economic outlook is at last looking brighter for explorers, said Dr Andrew Latham, Wood Mackenzie’s vice president, global exploration, during his...