Global OFS demand is set for a 25% decline in 2020
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25% yearly drop in 2020 as a … Read More
Author: kamau
First Oil Achieved from the GNN Discovery in the Southern Gulf of Suez, Egypt
Cheiron has announced that the GNN-4 well, which was drilled to appraise the recent GNN oil discovery, has been completed and successfully tested at initial rates of over 2,000 bopd. … Read More
South Africa’s Renergen and Total sign joint LNG marketing agreement
Emerging domestic natural gas and helium producer Renergen is pleased to announce that Total South Africa Proprietary Limited and the Company signed an agreement for the joint marketing and distribution … Read More
Energy Transition Plays Role in Driving FIDs Across Africa
Hosted by Africa Oil & Power and the African Energy Chamber, the ‘Closing Deals: Advancing FID During COVID-19’ webinar addressed the prioritization of energy projects in an environment of limited … Read More
Infrastructure Fund Africa50 helps Egypt’s Solar Power Sector take off
A 37-square-kilometer solar park so large that it can be seen from space, with over seven million photovoltaic panels, and funding of $4 billion. In Africa? Impossible? Not anymore.Thirty international … Read More
Renaissance Oil to Acquire 50% Interest in Botswana’s Kavango Basin
Renaissance Oil Corp. has entered into a binding letter agreement to acquire an option for a 50% working interest, in all rights from surface to basement, in a large Petroleum … Read More
The Future of Senegal’s Hydrocarbons Industry and Opportunities for Investment
Together with Africa Oil & Power, the African Energy Chamber will present a webinar on the future of Senegal’s hydrocarbons industry and the investment opportunities available in the market. Emerging … Read More
Oil & Gas Virtual Summit Set for 6-10th July 2020
The Oil & Gas Leadership and Success Virtual Summit will be held in July 2020 to address the impact of the COVID-19 pandemic on the oil and gas industry including a … Read More
Sparrows Group Moves to Purpose-built Facility in Angola
Engineering and maintenance specialist Sparrows Group has re-located to a new purpose-built facility in Luanda, Angola to support its growing operations in Africa. The move provides the company with a … Read More
TGS Completes Vast Jaan 3D Seismic Program Offshore NW Africa
TGS, has announced the completion of its flagship Jaan 3D seismic survey covering the MSGBC Basin in NW Africa acquired in partnership with PGS and GeoPartners. Comprising over 28,000 square … Read More