TechnipFMC has announced the completion of the remaining conditions required to enable work to commence on the engineering, procurement and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) to construct a new Hydrocracking Complex for the Assiut refinery in Egypt
Exploration
Sudan to offer 27 oil blocks via global bidding round
Sudan is planning to offer 27 oil blocks to the investors through an international bid, according to acting energy minister Kheiri Abdelrahman
African Energy Chamber’s 2021 Outlook on Equatorial Guinea’s oil and gas sector
In the 2021 Outlook however, the African Energy Chamber has called on African governments and industry stakeholders to come together and do more to support the oil and gas sector’s competitiveness and attractiveness
PetroNor adds Guinea Bissau acreage to portfolio
PetroNor, an independent oil and gas exploration and production company with a focus on sub-Saharan Africa, has announced the purchase of SPE Guinea Bissau AB
Global E&P players may invest US$380bn in 2021, but about 20% is at risk
Investments from global exploration and production companies (E&P) in 2021 are projected to reach around US$380bn, almost flat y-o-y, according to Rystad Energy report
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