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
Exploration
Making great progress in Equatorial Guinea
Almost a year after Oil Review Africa first caught up with Elite Construcciones, Marisol Ovono Nchama, the company’s managing director, provides an update on the latest activities in the emerging market of Equatorial Guinea
Flinders University and Clean Earth Technologies sign deal on oil spill technology
Flinders University from Australia and Singapore’s Clean Earth Technologies (CET) have signed a deal to build a manufacturing facility in South Australia to produce commercial quantities of the absorbent polysulfide
Neptune Energy signs Gulf of Suez exploration licence
Exploration and production company Neptune Energy has signed an exploration licence in the Gulf of Suez, Egypt
Global oil stocks to pile up following coronavirus-induced surplus
The coronavirus outbreak in China will curb global oil demand growth by at least a quarter this year, and the production cuts of 600,000 bpd proposed by an OPEC+ committee are far from enough to balance the market, a Rystad Energy analysis shows
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