Kinetiko Energy spuds third well on Korhaan project in South Africa
Australian gas explorer Kinetiko Energy, has spudded the third well on the Korhaan Project in southern Africa
Industry
Oil and gas well intervention market to see robust growth
The global well intervention market is likely to reach US$7.1bn in 2021, with rising number of offshore oil and gas exploration projects across Africa and North America are anticipated to create high demand for offshore well intervention services, according to Fact.MR analysis
TotalEnergies implements oil and gas strategy in Libya
TotalEnergies has signed various agreements with the Libyan authorities for the sustainable development of the country’s natural resources during the Libya Energy & Economy Summit, initiated by the Government of National Unity
Tower Resources awaits Cameroon farm-out approval
Tower Resources PLC is still to receive government approval regarding its farm-out to Beluga Energy in Cameroon of a 49% non-operating working interest in its Thali production sharing contract
Rystad Energy: Costs within the upstream sector comes down in 2021
Rystad 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
