As lockdowns began to ease around the world, demand started to recover, but the risk of a second wave of coronavirus is rising and fresh lockdowns are likely to appear
Exploration
Rainoil opens LPG facility in Nigeria
Downstream oil and gas company Rainoil has launched a Liquified Petroleum Gas (LPG) facility with a tank capacity of 8000 metric tonnes at Ijegun, Lagos
Wild Well Control, Oil Spill Response sign agreement for increased response capabilities
Wild Well Control (WWC) and Oil Spill Response Limited (OSRL) have signed a strategic alliance agreement that provides an increased capability to the oil and gas industry
NNPC opens portal for rehabilitation of pipelines and associated depot/terminal infrastructure
The Nigerian National Petroleum Corporation, Nigeria’s national oil body, has opened the portal for prequalification for the rehabilitation of the downstream’s critical pipelines and associated depot/terminal infrastructure through a finance build operate and transfer model
Oilfield service firms experiencing lowest total headcount in over a decade, says Rystad
The turmoil on the oil market caused by COVID-19 has led to less than anticipated activity and delayed projects, forcing the industry to implement cost-cutting measures
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