Energy

Oilserv to take over moribund NNPC pipelines — Okwuosa

An indigenous Engineering Procurement and Contract (EPC) company, Oilserv Ltd., says it plans to bid for all moribund Nigerian National Petroleum Company Ltd. (NNPC) pipeline distribution systems to ease products distribution chain. Mr Emeka Okwuosa, Group Chairman, Oilserv Ltd., shared…

Germany’s Siemens Energy posts loss in 2nd quarter

Germany’s Siemens Energy reported that its second-quarter adjusted earnings before interest, taxes, and amortisation (EBITA) were negative at 77 million euros (81.3 million dollars). The earnings were negative at 77 million euros due to a loss at Siemens Gamesa Renewable…