Tank collapses at Sharara amid fragmented conflict
A tank has collapsed at Libya’s Sharara field, the National Oil Corp. (NOC) has reported.
A tank has collapsed at Libya’s Sharara field, the National Oil Corp. (NOC) has reported.
Saudi Aramco has completed its purchase of a 70% stake in Saudi Basic Industries Corp. (Sabic) for $69.1 billion.
Mnazi Bay production will increase for the rest of the year, following the end of the rainy season.
Petrofac has won an engineering, procurement, construction and commissioning (EPCC) contract from Bahrain’s Tatweer Petroleum.
Renaissance Oil Corp. has lined up an entry into Botswana in a bid to diversify its focus away from Mexico.
IN-VR is organising a summit gathering governments and IOCs from around the world to promote exploration and production opportunities.
Zenith Energy plans to partner with a local company in Nigeria’s marginal field bid round.
Saudi Aramco has paused its contract for the High Island IV jack-up rig, owned by Shelf Drilling.
Contractors on Nigeria’s offshore Aje field have cut costs by 37.5%, with breakeven price reduced to $28 per barrel.
A group of NGOs has accused Total and the French state of “machinations” involving Mozambique’s gas industry.
A Mozambique audit has raised concerns about upstream companies misstating recoverable costs, highlighting South Africa’s Sasol in particular.
South Africa will merge the three subsidiaries of the Central Energy Fund (CEF) into one National Petroleum Company.
Gulf Marine Services (GMS) has rejected calls from former suitor Seafox International to allow voting for two of its chosen board members.
The Nigerian government has set out plans for a major expansion for domestic solar power capacity.
These are difficult times for the oil industry but ADM Energy is working on expansion at its Aje field, offshore Nigeria. At the same time, the company is also on the hunt for new opportunities, backed by an agreement with Trafigura.
Kuwait intends to ban the practice of hiring expatriate workers at Kuwait Petroleum Corp. (KPC) and its subsidiaries.
Zenith Energy has paid $250,000 to Kuwait Foreign Petroleum Exploration Co. (KUFPEC) as a first payment for its acquisition of the Sidi El Kilani concession in Tunisia.
Conference organiser IN-VR is setting out its virtual stall for an online summit on oil and gas plans in Mozambique, with all proceeds being donated to Afrilanthopy, a local NGO.
A widespread “hack for hire” team that has infiltrated energy industry targets has been exposed.
Nigeria will cut production costs to $10 per barrel by the end of 2021, Nigerian National Petroleum Corp. (NNPC) managing director Mele Kyari has said.
Libya’s National Oil Corp. (NOC) has announced that the El Feel field has stopped producing following the arrival of an armed group.
Sonatrach and partners in the Bir Sebaa licence have signed a contract with Maire Tecnimont on the construction of a second central processing facility (CPF).
Gulf Marine Services (GMS) has reached a deal with its banks to restructure its debt, three weeks ahead of schedule, pushing out maturities until June 2025.
Six months on from the passage of the IMO 2020 initiative – the International Maritime Organisation ruling that required the marine sector to reduce sulphur emissions by over 80% – how has the market responded to the new position, asks Andy Laven, COO of Sahara Energy Resources DMCC
The board of South Africa’s Standard Bank has been targeted for change by climate change activists, led by the Just Share NGO.