Upstream

Upstream oil and gas M&A and capital raising deals totalled US$130.5bn in Q2 2019

adult architect architectural design 1260309Global mergers and acquisitions (M&A) and upstream growth in the oil and gas sector totalled US$130.5bn in Q2 2019, according to data and analysis firm GlobalData

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Chemical firms to explore electrical cracking to reduce greenhouse gas emissions

trilateral 650Six petrochemical companies have formed a consortium to jointly investigate how naphtha or gas steam crackers could be operated using renewable electricity instead of fossil fuels

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Africa and Middle East to lead oil and gas analytics market: TMR

TMR oil and gas analyticsAs the use of technology has significantly increased in oil and gas in recent years, it is fuelling demand of oil and gas analytics across the produces and operators, according to Transparency Market Research (TMR)

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Lekoil signs MoU with Schlumberger and major oil company

20427528602 5ab7871504 zLekoil, an oil and gas exploration and development company based in Nigeria and West Africa, announced that its joint venture (JV) with investment firm Green Energy International Limited has signed a Memorandum of Understanding (MOU) for the development of the Otakikpo project in Nigeria

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China to invest more in Africa’s upstream sector

48093423767 ef08b8c0f7 zChina’s national oil companies (NOCs) are increasing their investment in Africa with the aim of securing oil supplies to help feed rising domestic energy demand

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