Technology and energy company Fortescue has teamed up with Belgian offshore installation services company Belgian Jan De Nul to jointly provide shipping and subsea cable laying services to connect North Africa with Europe.
BP and Worley have formed a new strategic alliance across BP’s global site projects, spanning the Gulf of Mexico, Middle East and Africa.
Major oil companies have lamented the impact of oil theft and pipeline vandalism on the availability of crude for local refineries.
Ghana committed to reducing greenhouse gas emissions by 64million tonnes of CO2 by 2030 – Akufo Addo
President Akufo Addo has said Ghana is committed to reducing greenhouse gas emissions by some
sixty-four million tonnes of carbon dioxide equivalent (64MtCO2e) by 2030.
Indigenous Oil Marketing Companies (OMC), GOIL PLC has decided to maintain a dividend payment of GH¢0.056 per share for 2023, despite experiencing a significant profit decline.
The challenges posed by Ghana’s heavy dependence on oil importation are well-documented, with the
country currently importing 97% of its petroleum products.
Annual upstream oil and gas capital expenditures will need to rise by 22 percent by 2030 to ensure adequate supplies due to growing demand and cost inflation, a new report revealed.
Houston-based oil and gas company Murphy Oil has widened the drilling scope of work Noble Corporation, an offshore drilling contractor, is in charge of carrying out in the U.S. Gulf of Mexico with one of its drillships.
OPEC oil output rose in May, as higher exports from Nigeria and Iraq offset the impact of ongoing voluntary supply cuts by some members as part of the OPEC+ agreement, a recent survey has found.
In the wake of ConocoPhillips’ announcement of a deal to acquire Marathon Oil Corp., the wave of US oil and gas M&A continues with a focus on building large positions in the Permian Basin.