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
Exploration
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
Global oil and gas contract activity shows marginal increase in Q3 2020
A GlobalData study shows an almost 3% increase in the number of oil and gas contracts between Q2 and Q3, 2020
Total strengthens its commitment with OGMP 2.0 initiative
Total, partner to the OGMP 2.0 initiative since 2014, has joined the second phase of the Oil & Gas Methane Partnership (OGMP 2.0) of the United Nations Environment Programme