Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around US$60 per barrel through 2020
Exploration
Angola’s ANPG awards three blocks in 2019 bid round
ANPG, the National Agency of Petroleum, Gas and Biofuels of Angola, has announced the winners of three concession awards from its 2019 bid round for hydrocarbon blocks in the Namibe and Benguela Basins
Belzona unveils thermal insulation barrier providing corrosion protection
Belzona has developed a two-component, polymer, solvent-free system-Belzona 5871 that provides thermal insulation and corrosion protection while improving the safety, efficiency and durability of industrial equipment
New offshore investment cycle is in the making: Rystad Energy
Telltale signs have emerged that the offshore oil and gas industry is entering a new investment cycle, according to Espen Erlingsen, the head of upstream research at Rystad Energy
Africa Oil closes acquisition of Petrobras assets in Nigeria
Canada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV)
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