The Republic of Congo (ROC) is preparing a new Gas Code to incentivize investment across the natural gas value chain. Concurrently, the country is preparing to launch its Gas Master Plan (GMP), serving as a roadmap for investing in the ROC’s gas sector. SourceContinue Reading
Chief executives from Perenco, Trident Energy, Tullow Oil and Afentra shared strategies to extend the lifespan of Africa’s ageing oil and gas assets during African Energy Week: Invest in African Energies 2024 SourceContinue Reading
(Bloomberg) – Oil driller Perenco S.A., owned by the billionaire Perrodo family, will concentrate three quarters of its $2 billion investments next year in a handful of African countries as part of a strategy that includes more gas projects. SourceContinue Reading
Weatherford has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC onshore strings. Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets. SourceContinue Reading
(Bloomberg) – Nigerian regulators approved the sales of units of Eni SpA and Equinor ASA after months of delay as oil majors continue exiting operations in the West African nation. SourceContinue Reading
Camilla Salthe, Equinor’s Senior Vice President of Exploration & Production International UK is the latest industry leader to join the Board at Offshore Energies U.K. (OEUK) as the sector focuses on delivering homegrown, cleaner energies to the U.K. SourceContinue Reading
Absolute greenhouse gas emissions from Canadian oil sands production registered a nominal increase of less than 1% in 2023 even as total production grew, according to a new analysis by S&P Global Commodity Insights. SourceContinue Reading
Absolute greenhouse gas emissions from Canadian oil sands production registered a nominal increase of less than 1% in 2023 even as total production grew, according to a new analysis by S&P Global Commodity Insights. SourceContinue Reading
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed a purchase transaction for the FPSO Prosperity. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033. SourceContinue Reading
Waukesha, an INNIO Group brand, and Nidec Conversion, a business segment of the Nidec Motion & Energy Platform, today announced a technology collaboration that integrates Nidec’s high-efficiency electric motor technology with Waukesha’s engine solutions. SourceContinue Reading
