Oil & Gas companies are Failing to Capitalize on MSGBC Basin’s Huge Gas Discoveries – GlobalData

Two major gas discoveries have been made in the MSGBC Basin; however, oil and gas companies so far have failed to capitalize on these significant resources, and it could be … Read More

EGYPT: Fugro Installs Subsea Structures for GUPCO with QuickVision® technology

Used for the first time in Egypt, the contactless positioning solution replaced the conventional survey sensors typically attached to subsea structures during installation. Under a contract with Dragon Oil (GUPCO), … Read More

NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments

Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More

KENYA: T.D. Williamson Completes First Pipeline Inspection of the Mombasa to Nairobi Refined Multi-product Transmission Pipeline

T.D. Williamson (TDW), the global pipeline solutions provider, completed its first in-line inspection (ILI) in Kenya using TDW multiple dataset (MDS) technology. The MDS platform incorporates a variety of inspection … Read More

CAMEROON: Tower Resources Completes Thali PSC Farm-out to Beluga Energy

Tower Resources has executed a binding Heads of Agreement (HoA) in respect of a farm-out to Beluga Energy Limited (Beluga) of a 49% non-operating working interest in its Thali Production … Read More

NAMIBIA: Opportunities and Risks of Becoming an International Oil and Gas Player

Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the international oil and gas map. … Read More

North African Oil and Gas Producers Move on Energy Transition

As the need for energy transformation gathers pace at a global level, North African countries are also starting to make moves. Several players active in North Africa’s oil and gas … Read More