Tullow and the Jubilee Partners are working to increase daily average production to over 100,000 barrels of oil per day (bopd) from the Greater Jubilee Field during the second half of 2023, when the Jubilee South-East (JSE) Area development is up and running.
Oilfield services company Baker Hughes has secured a contract from oil and gas supermajor, Eni, and state-owned National Oil Company, Petroci, to deploy its deepwater technology for the multi-phase Baleine project, offshore Ivory Coast.
Mr Herbert Krapa, a Deputy Minister of Energy, says the need for Ghana to switch to Electric Vehicles (EVs) in the next few years is not a lifestyle choice but a necessity for survival.
As part of his commitment to establishing more oil and free zones to boost the nation’s economy, the Managing Director and Chief Executive Officer of the Oil and Gas Free Zones Authority (OGFZA), Sen. Tijjani Y. Kaura, seeks collaboration with the Rivers State government towards the development of Ikpokiri island, a green field with latent potential for wealth and job creation.
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.
The Church of England is divesting from fossil fuels in its multibillion pound endowment and pension funds over climate concerns and what the church claims are recent U-turns by oil and gas companies.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, declared yesterday, that the Petroleum Industry Act 2021 established a clear distinction between upstream and midstream operations in the oil and gas sector in the country.
Saudi Arabia, the world’s top crude oil exporter, saw its crude exports drop to a five-month low in April, a month before the first of the voluntary Saudi cuts began in May, data from the Joint Organizations Data Initiative (JODI) showed on Monday.
TAAG Angola Airlines, the state-owned airline of Angola, plans to enhance connectivity between Luanda and São Paulo, Brazil by increasing the weekly flights from four to six.
Crude oil prices inched lower today after the Energy Information Administration reported an estimated inventory build of 7.9 million barrels for the week to June 9.