Companies in the energy, resources and marine sectors (ERM) are rebounding as oil and commodity prices continue to rise and global GDP growth is projected to increase 3.4 per cent in 2019, according to the 2019 Energy, Resources & Marine Travel Forecast
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Impact of electric vehicles in oil and gas industry
As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData
‘Nigeria to contribute 26 per cent of Africa’s oil and gas pipeline additions to 2022’
Nigeria is forecast to add the highest trunk pipeline length in the African oil and gas pipelines industry between 2018 and 2022, contributing a total length of 8,439 km by 2022, which will account for more than 26 per cent of the region’s planned and announced oil and gas pipeline length additions, according to leading data and analytics company GlobalData
Eco now holds 100 per cent stake of Pan Africa Oil Namibia
Eco (Atlantic) Oil & Gas Ltd, the independent oil and gas exploration company with licences in Guyana and Namibia, through its wholly-owned subsidiary Pan Africa Oil Namibia Holdings (Pty) Ltd (PAON Holdings), has acquired the remaining 10 per cent stake of Pan Africa Oil Namibia Ltd (PAO Namibia) from Amis Oil and Gas Ltd
‘Africa second-highest as to global pipeline length additions by 2022’
Africa is forecast to add the second highest trunk pipeline length to the global petroleum products pipelines industry between 2018 and 2022, contributing a total length of 6,283 km by 2022, according to leading data and analytics company GlobalData
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