Industry

‘Deepwater acreage will continue to attract significant company interest through 2020’

4619968508 915a8ec8e8 cA significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deepwater, up from the previous quarter, according to data and analytics company GlobalData

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Nigeria expects to spend less on importing refined products

Nigeria refinery bolaWith the price of oil dropping in the international market, Nigeria expected to spend less on importing refined products

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TechnipFMC wins iEPCI contract for BP Platina Field in Angola

26896520439 6ca3a3b1f1 cTechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation integrated engineering, procurement, construction, and installation (iEPCI) contract for the BP Platina Field in Angola

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Amarinth taps into oil and gas projects in Africa with new territory sales manager

Itai ChotoAmarinth has appointed a new sales manager for the Africa territory to support the strong growth the company is seeing in new oil and gas projects being undertaken in the region

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US drilled but uncompleted wells first to feel oil price shock: Rystad Energy

oil 4713386 640Rystad Energy impact analysis shows that US drilled but uncompleted wells (DUCs) will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices

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