Rystad Energy impact analysis shows that US drilled but uncompleted wells (DUCs) will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices
Exploration
Nigeria sets up budget review committee
As Nigeria is reeling from oil price fall due to the COVID-19 situation, the government has set up a committee to review 2020 preparatory to cutting down on its spending
Panoro Energy starts oil production from the second Tortue Phase 2 well, offshore Gabon
Panoro Energy has announced the commencement of oil production from the DTM-4H well, the second in the cluster of two wells brought online within the Tortue Phase 2 field development project in the Dussafu Marin Permit, offshore Gabon
Siemens licenses Tranos to manufacture Sivacon S8 switchgear in Nigeria
Nigeria’s leading engineering and manufacturing company Tranos has partnered with Siemens for the manufacturing of metal-enclosed switchgear in Nigeria
Nigeria Well Intervention Forecast
Offshore Network has published the report ‘Nigeria Well Intervention Forecast, which has relevant data critical to well intervention stakeholders in West Africa
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