Industry

Africa’s upstream spend in 2020 is down US$14bn: Wood Mackenzie

32050321533 fd785b6cc1 cResearch and consultancy group Wood Mackenzie has said that Africa’s upstream spend in 2020 is down US$14bn versus its pre-crash view

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Nigeria oil and gas operators pledge million of dollars to mitigate effects of COVID-19

49679288857 200a679135 cNational oil company Nigerian National Petroleum Corporation (NNPC) has said 53 per cent of the US$58mn pledged as medical intervention by the oil and gas industry group in the fight against COVID-19 will be devoted to the construction of medical infrastructure across the six geopolitical zones in the country

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Neptune Energy announces major milestone at Algerian gas plant

TouatE&P company Neptune Energy has announced a major milestone for Algeria's Touat gas facility, with operatorship formally transferred to Groupement Touat Gaz (GTG)

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IADC confirms ERIELL’s accreditation for WellSharp and RigPass programmes

ERneill ora and ormeThe International Association of Drilling Contractors (IADC) has confirmed ERIELL’s accreditation for the WellSharp (Well Control) and RigPass (Safety Culture) programmes

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The worst is over for oil and gas markets: OPEC secretary general

3005274264 a6ebc156fe cAccording to Mohammad Sanusi Barkindo, secretary-general of OPEC, the enormous and unprecedented oil market imbalance facing the industry in April following the COVID-19 pandemic required an unparalleled response from producers

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