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Oil and Gas

Airborne Wins TCP Flowlines Wok in Africa

Airborne Oil & Gas B.V. said it has been awarded a contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa. The manufacturer will provide a 4-kilometer, 7.1 inch ID, 160 bar design pressure TCP Flowline

Chinese companies to invest US$1.4bn into Africa’s energy projects

During meetings with top Chinese energy companies and financial institutions, the African Energy Chamber discussed the signing of win-win agreements and contracts that will make energy work for Africa while providing Chinese investors with attractive and rewarding opportunities in Africa. “China’s economic transformation in the

China Invests $16 Billion in Nigeria’s Oil Sector

Chinese investment in Nigeria’s oil and gas industry has reached $16 billion, according to Nigeria’s state-run oil company. While Nigeria’s oil industry welcomes China’s interest, analysts worry about a lack of transparency in the sector and slow development of the country’s renewable energy market. When

Africa’s largest oil producer fears fiscal crisis

Nigeria’s President Muhammadu Buhari warned that the country could struggle to fund its expenses unless it is able to raise the tax take after querying the revenue chief over poor collections. That could complicate Buhari’s efforts to turn around the economy, a mandate on which