Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to US$2.1 trillion, according to Rystad Energy
The latest issue of Oil Review Africa digital magazine has analysed Africa which has managed to position itself as one of the world’s most competitive hydrocarbon markets, with countries such as Nigeria, Uganda, Kenya and Tanzania leading oil and gas pipeline projects
Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of more than US$400mn
Helios Investment Partners, the Africa-focused private investment firm, acting on behalf of funds it advises, and Sojitz Corporation, one of the leading conglomerate investment and trading houses listed on the Tokyo Stock Exchange, has completed the sale of a 25% interest in the holding company of Axxela
Invictus Energy has granted Cluff Energy Africa’s (CEA) request to extend its farm-in option expiry and submit an updated binding offer
