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Middle East and Africa’s Oil & Gas Industry Saw a Drop in Deal Activity in Q1 2021

Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More

ANGOLA: Total Starts Production From Zinia Phase 2, Successful Short-Cycle Development On Block 17

Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia Phase 2 short-cycle project, connected to … Read More

African Midstream Operators Withdraw Investment Plans Amid COVID-19 Turmoil

The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices. The all-pervasive nature of these circumstances has also … Read More

EGYPT: Eni, New Gas Discovery in the ‘Great Nooros Area’, Mediterranean Sea

Eni (as the Operator of the Block) and bp (as contractor member) announce a new gas discovery in the so-called Great Nooros Area, located in the Abu Madi West Development … Read More

Global Oil & Gas Industry Deals Total $28.01bn in Q2 2020 Fueled by Africa & Middle East

Total oil & gas industry deals for Q2 2020 worth $28.01bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 106.2% over the previous quarter … Read More

European Travel Bans Are Counter-Productive And Hurting The Oil & Gas Sector’s Ability To Support Africa’s Economic Recovery

The continuation of travel restrictions and suspension of visas and travel between Africa and Europe is heavily restraining the oil & gas industry’s recovery efforts. Because of its international nature, … Read More

EGYPT: Eni Makes New Gas Discovery in the Mediterranean Sea

Eni (as the Operator of the Block), BP and Total (as Contractor members) have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian … Read More

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