Wood, the global engineering and consultancy company, has been appointed as an engineering partner in a five-year partnership framework agreement with Sasol South Africa (Pty) Ltd (Sasol)
Exploration
Where is the oil market heading?
Today’s oil price crisis is not an oil market story but a global economy story, delegates at a Gastech webinar heard
Energy demand set to fall amid COVID-19 crisis, says IEA
The COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year set to dwarf the impact of the 2008 financial crisis and result in a record annual decline in carbon emissions of almost eight per cent
Seplat Petroleum records US$105.8mn loss in Q1 2020
Nigerian oil and gas company Seplat Petroleum has reported a loss of US$ 105.8mn in its unaudited Q1’20 result
‘Global E&P revenues to fall by US$1 trillion in 2020 due to COVID-19’
The devastating effect of the COVID-19 pandemic on global oil and gas exploration and production (E&P) companies is better understood by looking at the industry’s expected total annual revenues for 2020
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