Ghana’s Petroleum Commission has launched a committee to draft a policy on local content in the upstream sector.
The Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
Equatorial Guinea has approved a $90-100 million gas pipeline contract with Saipem.
Aker Energy has changed its plans to develop the Pecan field in Ghana in the face of regulatory complexity.
Equatorial Guinea is pioneering developments in gas trading around West Africa with plans for a first regasification facility and political initiatives.
Last month, one of the biggest stories for the UK North Sea was botched.
More than 10,000 engineering jobs could have been created if contracts to build North Sea oil rigs had gone to British companies instead of South Korean ones, it has been claimed.
In a series of large and complex multi-billion dollars deals, Petrobras appears to have completed the ordering of 21 deepwater drilling rigs, with all units to be built at yards in Brazil with local content said to be in the range 55-65%.
HOUSTON-HEADQUARTERED Paragon Engineering is, through a joint venture with Prodoil of Angola, spearheading a drive to raise the standard of young local engineers in the West African state.