Indigenous oil and gas servicing firm, Engineering Automation Technology Limited, has sealed a partnership deal with Emerson Automation Solutions Limited to improve automation and control solutions in the oil and gas industry.
The Ghanaian government has approved the country’s Green Minerals Policy in an effort to maximize value created from critical mineral resources.
UK company Trinity Exploration & Production has found what it describes as “virgin oil in a super-mature basin” onshore Trinidad and Tobago with over 290 feet of net oil pay at the Jacobin-1 well.
US giant Occidental Petroleum has drilled a near-field exploration well in Oman’s onshore Block 65, delivering an impressive 6000 barrels of oil equivalent per day on a production test, said chief executive Vicki Hollub.
Independent oil and gas producer Azule Energy has awarded two subsea contracts for works associated with the Ndungu oilfield development, located 130km offshore Angola.
Angola, a close partner of China and energy producer situated on the west-central coast of Southern Africa, is intensifying its efforts to foster oil and gas cooperation with Chinese companies through bids for new projects. This move aims to leverage the potential of the robust Chinese market.
Kosmos Energy Ltd on Monday said revenue tumbled in the second quarter due to lower oil prices
As a major crackdown on illegal oil activities unfolds in Nigeria, security forces have launched airstrikes at vessels carrying stolen crude in the Niger Delta, destroying the vessels and their cargo.
The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry.
Tullow OIl (LON: TLW) share price has staged a comeback in the past three months even as short interest in the company rose. The stock ended last week at 35.68p, the highest level since March 6. It has soared by over 60% from its lowest point this year.