As oil prices approach US$70 a barrel, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be replaced by a need for additional production cuts by Russia and the cartel of oil producing countries, OPEC
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Saipem wins US$200mn offshore drilling contracts
Italian offshore contractor Saipem has won new offshore drilling contracts in Norway and the Middle East totalling more than US$200mn
Sahara Group canvasses intra-Africa solution for petroleum sector challenges
Wale Ajibade, executive director of Sahara Group, said that collaboration between financial institutions, development agencies, trading companies, national oil companies and other stakeholders in Africa would enhance the contribution of intra-Africa solutions to the continent’s trade and project financing challenges
South Sudan commits to strengthen ties with Qatar National Bank
The minister of petroleum of South Sudan visited Abdallah Mubarak Al-Khalifa, the CEO of Qatar National Bank (QNB), in Doha
Elite Construcciones is ready to push Equatorial Guinea’s energy spectrum
Mrs Marisol Ovono Nchama, CEO and President at Elite Construcciones, has shared the company’s history and businesses in Equatorial Guinea, ranging from the construction to the energy landscape
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