Industry

BUTEC Group completes takeover of ENGIE’s 17 energy services companies in Africa

Butec 19 AprilThe UAE’s BUTEC has completed the takeover of 17 Energy Services companies in Africa previously owned by the energy global player, ENGIE Group

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Wood wins contract for first oil development offshore Senegal

Wood 19 AprilWood has been awarded a contract by Woodside Energy for the Sangomar FPSO development, located 100km south of Dakar, Senegal

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Entec International signs deal with Hyde Energy Nigeria

Hyde tanker truck 11 AprilMRO supply chain specialist Entec International has won a contract with Hyde Energy Nigeria, representing the company’s first foray into the oil and gas sector

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Eni signs MoU with government of Rwanda

Africa rig 11 AprilEni and the government of Rwanda have signed a MoU to identify collaborative opportunities in the areas of circular economy, agriculture, forestry, innovation and digital information technology

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‘Global energy spending set to reach record high in 2022, led by oil and gas’

Upstream 8 AprilSurging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to US$2.1 trillion, according to Rystad Energy

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