Here is a brief overview of the week’s news on Oil Review Africa, from 13th - 17th November 2017
Protecting oil and gas critical infrastructure against cyber threats
Strategies to combat complex cyber and critical infrastructure security threats were the focus of a session at the ADIPEC Security in Energy conference on 14 November. Click here to read the full story.
Big Five Annual Board Awards 2017 recognises best in oil and gas industry
The winners of the Big Five Annual Board Awards 2017 where Oil Review Africa was lead media partner were announced at a special ceremony in London. Click here to read the full story.
Eni signs deal for Block 52 offshore Oman
The government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP) and Eni have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 52, located offshore Oman. Click here to read the full story.
Africa’s rising LNG producers address domestic power problems
As Africa’s gas consumption has been increasing at a yearly rate of 6 per cent since 2000, countries like Congo, Mozambique, Rwanda and Sudan have emerged as viable LNG producers, according to a recent report by Ernst & Young Global Limited. Click here to read the full story.
Oil to supply 27 per cent of world’s energy needs in 2040: OPEC
Oil will remain the world’s largest source of energy in the next two decades, despite the increasing importance of renewables, according to OPEC’s 11th edition of the World Oil Outlook, released during ADIPEC 2017. Click here to read the full story.
Renewables to play major role in meeting growing energy needs
The resurgence in oil and gas production in the US, decline in the cost of renewables and growing electrification are changing the traditional ways of meeting energy demand globally, according to the World Energy Outlook (WEO) 2017. Click here to read the full story.
International cooperation focus between oil and gas producers and consumers at ADIPEC
Ministers from six countries - UAE, Bahrain, UK, Lebanon, Canada and Sudan - all at different stages in their oil and gas journeys, took part in a panel discussion at ADIPEC highlighting the importance of cooperation between producers and consumers. Click here to read the full story.
Protecting oil and gas critical infrastructure against cyber threats
Strategies to combat complex cyber and critical infrastructure security threats were the focus of a session at the ADIPEC Security in Energy conference on 14 November. Click here to read the full story.
Egypt's petroleum minister is confident about the country's oil and gas prospects
HE Tarek El Molla, Egypt's petroleum and mineral resources minister, told delegates at the ADIPEC conference in Abu Dhabi that he optimistic that Egypt is emerging from political turmoil and will become increasingly attractive to investors. Click here to read the full story.
Rockwell introduces multi-well pad solution for oil and gas producers
Rockwell Automation has introduced multi-well pad solutions for oil and gas producers, aiming to achieve easy implementation, real-time data visibility, production efficiency and reduced costs. Click here to read the full story.
Weir introduces WMSS10 Mudline Suspension System for offshore operations
Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, has introduced its WMSS10 Mudline Suspension System for exploratory and developmental wells during ADIPEC 2017. Click here to read the full story.
Gambia confirms roadmap to licensing of open blocks
The government of Gambia has announced that it will license hydrocarbon blocks in a competitive selection process, a move that aims to develop the vast hydrocarbon opportunities in the country and wider Senegal basin. Click here to read the full story.
Nigeria to approve three modular refineries in Edo
Nigeria is processing applications for establishing seven modular refineries in the state, said Dr Ibe Kachikwu, minister of state petroleum resources, noting that three of the applications have reached the approval stage. Click here to read the full story.
OPEC Secretary-General highlights cooperation with non-OPEC producers at ADIPEC
Mohammed Sanusi Barkindo, OPEC Secretary General, was optimistic about the outlook for the global oil industry in light of cooperation between OPEC and non-OPEC producers over the past year when he addressed delegates today at the ADIPEC conference in Abu Dhabi. Click here to read the full story.
