Energas West Africa CEO David Pappoe Jr. will speak at the Invest in African Energy (IAE) forum in Paris next month, spotlighting opportunities for local service companies within Africa’s growth markets.
With 4 Drill Ships Arriving Nigeria in 2025, Oil Service Firms Expect Rebound in Upstream Activities
Nigeria’s upstream oil and gas industry is set to experience a rebound in projects with potential for crude production growth and other associated values as four drill ships are expected to arrive the country by 2025, THISDAY has learnt.
Many exploration and production projects in the deepwater environment have been lined up for commencement next year, which are being promoted by the International Oil Companies (IOCs) operating in Nigeria.
Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria’s crude oil reserves are 31.56 billion barrels, while condensate reserves are 5.94 billion barrels, totaling 37.50 billion barrels.
NUPRC’s Komolafe promises increased synergy between local refineries and producers in the second half of 2024 for a self-reliant petroleum landscape.
Since the commencement of the Petroleum Industry Act in 2021, the Nigerian oil and gas industry has undergone significant transformation. The PIA passed by the National Assembly was signed into law by former President Muhammadu Buhari. It is one of the most audacious attempts to overhaul the petroleum sector in Nigeria.
Ivory Coast’s oil minister announced the signing of production-sharing agreements with ExxonMobil for two ultra-deepwater blocks in the Gulf of Guinea.
Members of the Ghana Upstream Petroleum Chamber have held a breakfast meeting with former President Mahama as part of a series of engagements that the Chamber is carrying out with key stakeholders. This is the second in the series of engagements, the first having been with the Vice President, Dr Mahamadou Bawumia.
e-Magic Guyana, known for its expertise in industrial IoT and digital twins solutions, and West Coast Gas Ghana Limited (WCGG), an innovator in hydrocarbon accounting and oil and gas data management have teamed up to launch AnaWorX Inc. This joint venture aims to revolutionize how the oil and gas industry monitors and manages production in real-time, combining the strengths of both companies to benefit stakeholders in Guyana and ultimately, around the world.
The Department of Energy (DOE) and the Japanese Ministry of Education, Culture, Sports, Science and Technology (MEXT) recently announced their agreement to accelerate fusion energy research together.