Kontinental Energy Services (KES) has partnered with US-based upstream oil and gas corporation Gulfstream Services Inc. (GSI) for the provision of tools and services. The partnership carries the dual aim of strengthening KES’ capacity to support the development of oil and gas across Africa, while facilitating GSI’s global expansion.
The African Group of Negotiators on Climate Change (AGN), has assured the African civil society of its commitment to protecting Africa’s interests in the newly operationalized Loss and Damage Fund.
New Jersey, United States,- The latest report published by MR Accuracy Reports indicates that the Oil Gas Risk Management Market is likely to accelerate strongly in the coming years. Analysts have studied market drivers, restraints, risks, and opportunities in the global market. The Oil Gas Risk Management Market report shows the likely direction of the market in the coming years along with its estimates. An accurate study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help readers understand the key business tactics that major companies are using to maintain market sustainability.
(WO) –Jadestone Energy plc, an independent upstream oil and gas production company focused on the Asia-Pacific region, announced that the final well in the company’s 2023 East Belumut drilling campaign offshore Peninsular Malaysia has now been completed. The overall program has delivered results significantly ahead of expectations.
Increased activity levels are bolstering the premium pool
The premium base has increased due to the influx of constructions this year compared to the previous four or five years. This is due to a more stable oil price at US$80-90 levels, compared to the COVID-19 level of US$30-35. During the preceding low oil price environment, many projects were delayed but we have seen project activity restart over the last year, as governments are increasingly focussing on domestic energy security.
Custos Energy announced that the Mopane 2X exploration well located on blocks governed by Petroleum Exploration License 83 (“PEL 83”) in the heart of Namibia’s Orange basin has been spud.
Minister of Energy, Dr. Matthew Opoku Prempeh, has disclosed that
Ghana currently has about 17,000 fleet of electric vehicle (EV)
usage in the country
Energy Minister, Dr. Matthew Opoku Prempeh, on Tuesday, November 21, 2023, opened the exhibition component of the 2023 Upstream Local Content Conference and Exhibition in Takoradi.
he total market potential of hydrogen technology could reach $11 trillion by 2050, with major advancements and falling production costs, says Bank of America, which firmly believes “we are reaching the point of harnessing the element that comprises 90% of the universe, effectively and economically”.
Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, stated that Jordan possesses a secure strategic reserve of gas sufficient for about 60 days and is “prepared for any sudden disruption in gas supply.”