Industry

Africa Oil closes acquisition of Petrobras assets in Nigeria

15906041911 41fa7cacf6 cCanada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV)

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South Sudan announces tender for environmental audit of the country’s oilfields

5322957825 f3c676b35c cThe government of South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields

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Operational production costs in oil and gas industry have fallen globally: Rystad

worksite ltd 7syIOxlLpfA unsplashOperational production costs in the oil and gas industry have fallen across the globe, with the UK emerging as a cost-cutting powerhouse among global offshore regions, according to an analysis by Rystad Energy

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AIS Training and Survivex sign new training management contract

ATS trainingThe UK’s energy sector training providers, AIS Training and Survivex, part of the 3T Energy Group, have signed a contract with Well-Safe Solutions, to manage and deliver all of its training requirements and provide an IT platform to support its competence management system

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Oil price surges on Soleimani assassination

48970274016 f6e433ed66 cThe assassination of top Iranian military commander Qassem Soleimani by a pre-dawn American air raid near Baghdad airport on Friday has caused a remarkable spike in Brent crude prices, taking it to over US$70 on Monday 6 January, according to a report by CITYA.M., the first time Brent crude has exceeded the US$70 threshold since September

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