Europa Oil & Gas has announced the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin
Industry
SafeSTS develops green technology for ship-to-ship cargo transfers
SafeSTS has developed and patented a new ship-to-ship cargo transfer system for the Dynamic Positioning (DP) shuttle tankers sector
Sonangol wins back stake in Portuguese oil and gas company
As a result of the International Arbitration Courts decision, Sonangol will be reinstated as sole shareholder (100%) of Esperaza Holdings BV, the Netherlands-based offshore company
HydroVolve launches new technology solutions
Global energy technology firm RotoJar has rebranded to become HydroVolve, launching a new pioneering range of technology solutions built on its patented hydraulic-powered downhole engine
19th OPEC and non-OPEC ministerial meeting concludes
The 19th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has noted the ongoing strengthening of market fundamentals, with oil demand showing clear signs of improvement and OECD stocks falling, as the economic recovery continued in most parts of the world with the help of accelerating vaccination programmes