Predicting how an industry will look 20 or more years from now is always a challenge.
Following years of anticipation, Oslo-listed E&P company BW Energy drilled the first of several wells last Monday that will constitute Phase 1 of its Hibiscus/Ruche development at its offshore Dussafu asset in Gabon.
As part of the African Energy Chamber’s Invest in African Energy reception in Dubai on Thursday – representing the fourth stop on the Chamber’s global investment tour – a panel discussion was held to unpack the latest developments, trends and opportunities within Africa’s shifting exploration and production (E&P) landscape.
The African Energy Chamber (AEC) (http://www.EnergyChamber.org) united financiers and energy stakeholders from the UAE, Middle East and Africa during its Invest in African Energy reception in Dubai on Thursday, aimed at cementing deeper, longer-term and mutually beneficial relations between the two regions and advancing shared interests in diversification, energy security and infrastructure development.
Discussions around Sri Lanka’s energy crisis may have died down since reports of a major financial crisis in the Asian country circulated last summer, but Sri Lanka is still a long way from economic recovery.
Energy shortages could have a more significant impact on the economy than originally anticipated.
Ukraine receives 5,600 tonnes of energy aid from 30 countries of world – Minister of Energy
Operators can implement controls and shift their mindsets to shield against inflationary pressures and uncertainties around labor and material supply.
Nigeria’s rig count has been growing since the last quarter of last year and crude oil production has also been on the rise on the back of aggressive exploration and improved security in the Niger Delta. OPEOLUWANI AKINTAYO examines the impact these recent developments would have on the country’s economy Nigeria’s oil rig count has maintained an […]
Calgary-based Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million.