The ministry of petroleum and mineral resources of Somalia has approved the board members of The Somali Petroleum Authority (SPA) and appointed Ibrahim Ali Hussein as its first chairman and CEO
Exploration
Pipeline installations to fall 19 per cent in 2020: Westwood
Westwood’s new report, World Onshore Pipeline Market Forecast 2020-2025, foresees 19 per cent decline in pipeline installations in 2020, from a high point of 48,000km in 2019
Total Gabon divests its portfolio of mature non-operated assets
Supermajor Total has announced that its 58 per cent owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal
Global oil and gas industry deals total US$28.01bn in Q2 2020
Total oil and gas industry deals for Q2 2020 worth US$28.01bn were announced globally, according to GlobalData’s deals database
GlobalData: Acquisition of Senegal assets underpins Lukoil’s West African expansion plans
Lukoil reached an agreement with Cairn to purchase their Senegalese assets including a share of Sangomar development
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