Shares of Schlumberger Limited (NYSE:SLB – Get Free Report) have been given an average rating of “Moderate Buy” by the eighteen research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $68.72.
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently listed for sale.
The Media Foundation for West Africa (MFWA) is set to challenge the Presidency’s refusal to release the complete KPMG audit report on the controversial Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) contract.
BINTULU, Malaysia — In the open sea off the coast of Malaysian Borneo, industrial rigs extract massive amounts of oil and gas that fuel the economy of Malaysia.
Paal K. Ødegaard, Head of Crewing at Yinson, sits down with Energy Digital to discuss energy skills gap obstacles and how to get ahead of the problem
CHINESE companies won five more bids to explore Iraqi oil and gas fields, Iraq’s oil minister said on Sunday (May 12), as the Middle Eastern country’s hydrocarbon exploration licensing round continued into its second day.
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.
Tanzania’s energy sector is on the cusp of significant growth, with vast gas resources and strategic initiatives positioning the country as a key player in the region. With substantial gas reserves, Tanzania aims to become a major LNG exporter, with projects led by industry giants like Equinor, Shell, and ExxonMobil.
The Nigerian Upstream Regulatory Commission, on Sunday, revealed that Nigeria’s crude oil production rose marginally to 1.28 million barrels per day in April.
The Asantehene, Otumfuo Osei Tutu II, has called on the Board and Management of the Ghana National Petroleum Corporation (GNPC) to work as a team to implement effective strategies that will improve the fortunes of the company.