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

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

Zarara’s Pate 2 well on schedule to spud in April 2017

Plans to drill the Pate 2 well in Kenya’s Lamu basin’s block L4 are on course with well designing by Norwell Engineering currently ongoing according to Zarara Oil and Gas … Read More

Kenya’s Onshore Upstream Sector Set to Pick Up in 2017

Upstream activity in Kenya is expected to re-surge after hitting a low in 2016 in the backdrop of low oil prices that shut down offshore activity and left the onshore … Read More