Global Petroleum Announces New Prospective Resources Estimate for Block 2011A

Global Petroleum Limited announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, after interpretation of the 3D seismic data survey recently licensed from the Namibian State … Read More

Total Announces the Signing of Mozambique LNG Project Financing

Total has announced the signing of a 14.9 B$ senior debt financing agreement for Mozambique LNG the country’s first onshore LNG development. It includes the development of the Golfinho and … Read More

Halliburton Forms Strategic Agreement With Microsoft And Accenture To Advance Digital Capabilities

Halliburton, Microsoft Corp and Accenture have announced they have entered into a five-year strategic agreement to advance Halliburton’s digital capabilities in Microsoft Azure. Under the agreement, Halliburton will complete its … Read More

LIBYA: NOC Warns Potential for Military Escalation Following Deployment of Foreign Mercenaries at Oil Installations

Libya’s National Oil Corporation has said it is deeply concerned at reports of the increasing likelihood of an intensification of the military conflict, potentially extending to oil and gas facilities. … Read More

COTE d’IVOIRE: PGS Expands GeoStreamer Coverage in Deepwater West Africa

Modern imaging techniques applied to 12 000 sq. km of broadband data unveil key plays in the West Africa Transform Margin exploration hot spot of Cote d’Ivoire. This MultiClient 3D … Read More

Energy Chamber Constitutes Local Content Committee to Push for a More Inclusive Energy Industry

The African Energy Chamber  has appointed its highest-level advisory committee to serve on local content matters and support capacity building across the continent. Local Content Committee members are part of … Read More

OPEC: Joint Ministerial Monitoring Committee Calls for Cooperation in Supporting Oil Market Stability

The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 15 July 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of … Read More

FAR Provides Update for Senegal, Gambia, Guinea-Bissau and Kenya

Senegal Rufisque, Sangomar and Sangomar Deep (RSSD) (FAR 15% Working Interest) Over the past three months, the Operator has been undertaking a program to rescope, reschedule and reprice the Sangomar … Read More

Cloud, Artificial Intelligence (AI), and 5G are already reshaping the Oil and Gas Industry

Today, the Huawei Oil & Gas Virtual Summit 2020 — exploring ‘Data to Barrel’ — was successfully hosted online. The summit gathered together global customers, industry partners, and thought leaders … Read More

Oil and gas drilling set for at least a 20-year low in 2020

The COVID-19 pandemic has stymied oil and gas activity, a phenomena which has now affected the drilling market both in terms of wells drilled and in terms of related demand … Read More