Capital expenditure (capex) into conventional, unconventional and heavy oil projects would form US$88.9bn, US$3bn and US$1.9bn of Africa’s capital spend respectively over the eight-year period, according to GlobalData, a leading data and analytics company
Downstream
Archer’s VIVIDTM acoustic listening platform to provide well integrity and performance evaluation
Archer, a global oil services company and well integrity specialist, has launched the VIVIDTM acoustic listening platform to detect, investigate and locate leaks in real-time, verify cement barrier seals and characterise downhole events with precision
AnTech launches geosteering service for coiled tubing drilling
Specialist directional coiled tubing drilling service company AnTech Ltd has launched RockView technology to provide real-time, high resolution geosteering possible for the first time
Nigeria contributes 15 per cent of global isomerisation capacity: GlobalData
Analysis of global planned isomerisation capacity of refineries shows that China has the highest capacity globally with 204.8 mbl per day during 2018 to 2021, with Nigeria and Iran following with 106.4 mbd and 58.3 mbd respectively, according to GlobalData, a leading data and analytics company
Kenya’s 865km pipeline project deal to be completed by mid-2018
Companies, which have partnered to construct the first oil export pipeline in Kenya, have announced to reach an agreement by mid-2018