Operators to retain whip hand in dayrate negotiations, Westwood projects
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
South African President Cyril Ramaphosa has overseen the launch of massive hydrogen-powered trucks at a mine in Limpopo today.
Angola has ejected WM-DC Resources from the Cabinda North block, for alleged failure to comply with its contractual obligations.
Wintershall Dea is increasing its stake in the Reggane Nord project, in Algeria, with the German company talking of long-term growth.
Germany has officially launched construction of an LNG terminal at Wilhelmshaven, while signing up preliminary agreements for four FSRUs.
United Oil & Gas is replacing its CFO, David Quirke, with Peter Dunne, as of today.
Money and ambition will be key to rolling out hydrogen as a means to tackle the decarbonisation challenge, Costain's Dave Richardson tells Ed Reed.
The events of the past two years have accelerated mergers & acquisitions trends in Africa, and 2022 is already witnessing increased deals activity.
Rather than seeking to simplify complex issues and problems by breaking them down into their component parts, systems thinking focuses more on the development of a holistic understanding as well as the relationships and interactions between elements within a system.
Sirius Petroleum and Somoil have officially signed a sale and purchase agreement for stakes in three blocks offshore Angola for $335.5 million.
The European Union plans to ban Russian crude oil over the next six months and refined fuels by the end of the year as part of a sixth round of sanctions to increase pressure on Vladimir Putin over his invasion of Ukraine.
Ask an oil company what the problem with the industry is these days and high up on the list will be complaints about a shortage of financing. People point the finger of blame at a variety of related factors such as a new craze for ESG, environmentalists, the government and the left.
Galp and Shell have spudded the Jaca well, offshore São Tomé and Príncipe, following work off Namibia.
VFuels is making progress with its Cabinda refinery work at facilities in Houston, with equipment passing its factory acceptance testing (FAT).
Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.
The current energy sector is certainly a hazardous one, contributing to much of the CO2 emissions that are affecting the planet. That is why the global energy sector – including industry and mobility using energy – must transition to clean energy in order to keep the planet a liveable place.
Reconnaissance Energy Africa has posted documents shedding light on some of its challenges – but also some of the major prospectivity in Namibia’s Kavango Basin.
Ghana National Petroleum Corp. (GNPC) has appointed a new acting CEO, Opoku-Ahweneeh Danquah, replacing KK Sarpong.
Spain will export gas to Morocco, it has said, but will ensure these flows do not include Algerian gas.
Sungara Energies has signed a deal to buy a 10% stake in Block 15/06, offshore Angola, from state-owned Sonangol.
Afentra has signed a sale and purchase agreement with Sonangol for two blocks offshore Angola, with an up-front cash commitment of $80 million.
Seplat Energy has reported some slow progress at pipeline projects, but with EBITDA growing at 82% year on year it is seeing a clear benefit from higher oil prices.
Engineering as we know it had its origins in the Age of Enlightenment that dominated the world of ideas in Europe in the 17th and 18th centuries when science played an important role as pragmatism, logic and rational thinking replaced the authority of tradition and religion.
An Angolan journalist has raised a red flag over the origins of $30 million – and five patrol boats – supplied to Sao Tome and Principe.
Projects backed by Standard Chartered in 2021 will emit 2.3 billion tonnes of CO2 over their lifespan, with Mozambique LNG to play a major part in this.