The global market of well intervention reached an estimated value of nearly US$6bn in 2017 and is likely to expand at an impressive six per cent CAGR value over the 2018-2026 period, according to a Fact.MR report
Downstream
Former BP, Equinor executive to lead AEC in Angola
The African Energy Chamber (AEC) has announced that it has appointed Sergio Pugliese as president for Angola chapter, effective 1 May 2019
Aiteo restructures management team to enhance productivity and efficiency
The Nigerian energy conglomerate Aiteo has restructured its management team to improve productivity and increase efficiency
Wood Mackenzie predicts US$200bn LNG capex boom for 2019-2025
Wood Mackenzie has stated that the LNG boom is back – predicting that capital spending on both the LNG plant and upstream infrastructure will total more than US$200bn in 2019-2025
Nembe Creek Trunk Line fire doused
Aiteo has confirmed that the fire reported within its Right Of Way (ROW) of the NCTL on 21 April 2019 has been completely put out