Industry

Rystad Energy: Costs within the upstream sector comes down in 2021

Rystad ORA ORMERystad Energy’s annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce

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Africa Energy contemplates an early production system on block 11B/12B

Africa Energy blocksAnnouncing its financial and operating results for the three and nine months ended 30 September 2021, Africa Energy provided an update on Block 11B/12B, offshore South Africa

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Halliburton launches cloud service facilitating AI and ML models

ambyntHalliburton Company has released its  DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation

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Xodus unveils energy transition skills initiative in Aberdeen

Xodus 2 NovXodus has received a grant of approximately US$2.18mn from ETZ Ltd for X-Academy and ScotWind consortium partners bp and EnBW have committed more than US$1.36mn if their ScotWind application is successful 

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Mozambique: the next investment destination?

Mozambique 2 NovThe latest issue of Oil Review Africa analysed how Mozambique has been identified as one of the most promising energy sectors globally, with lucrative natural gas reserves positioning the east African country as a globally competitive investment destination

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