Anderson Fernandes, managing director of Engigest, talks to The Energy Year about opportunities for digitalisation outside the upstream oil and gas sector and investing in collaborations and partnerships to further Angola’s engineering and industrial capabilities. Engigest is a provider of EPC, digitalisation, engineering, supply chain and IT management services. Engigest is applying in-house digital twin […]
In January-July of this year, AZN 3,708.6 million was invested in Azerbaijan’s oil and gas sector, APA-Economics reports, citing the State Statistical Committee.
“The Ministry, working closely with the Petroleum Commission and GNPC, will continue to provide the necessary oversight and support to ensure that the development of the Eban-Akoma project is conducted efficiently and in alignment with government priorities. Further technical and commercial evaluations will be undertaken to finalize a development framework that is mutually beneficial and aligned with Ghana’s long-term energy strategy,”Mr Rockson added.
The domestic oil and gas industry is looking at Budget 2023 for some relief as the upheaval in the global crude prices due to the Russia-Ukraine war led to huge losses.
The UK North Sea still has a lot to offer when it comes to oil and gas reserves yet to be produced. However, unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalize oil and gas exploration activity, Offshore Energies UK said in a report on Tuesday.