South Sudan’s Ministry of Petroleum has released a report providing detailed financial information and statistics of the country’s oil sector
Exploration
Saipem signs memorandum of understanding with IOGP JIP33
Italian engineering services firm Saipem has signed a memorandum of understanding (MoU) with the International Association of Oil & Gas Producers (IOGP) to become a Joint Industry Programme (JIP) 33 Partner
Nigeria lost US$750mn to oil theft, says NNPC
Nigeria lost around US$750mn to crude oil theft in 2019, according to the Nigerian National Petroleum Corporation (NNPC)
Panoro to increase production activity in Tunisia
Panoro Energy, a London-based E&P company, has announced that it will increase its production activity in Tunisia by drilling a production well on the Guebiba onshore field
Oil and gas M&A deal rises to US$370bn
The total deal value in 2019 increased 40 per cent y-o-y to US$370bn in the oil and gas market, thanks to several upstream and downstream mega-deals, according to a new Deloitte report