French major Total and Libya’s National Oil Corporation (NOC) have signed an agreement to implement Total’s participation in the Waha concessions, located in the Sirte Basin in Libya
Exploration
Tullow Oil announces board changes and 2020 guidance
Tullow Oil has provided forward-looking production and financial updates and announces a number of changes to the Board that took effect immediately
Market access and cooperation will unlock opportunities in Africa’s energy sector
The African Energy Chamber (AEC) has launched its first annual African Energy Outlook for 2020, highlighting major insight on what sub-Saharan Africa’s oil and gas industry can expect to see next year
AEC calls for reforms to attract capital into exploration
In its latest African Energy Outlook 2020, the African Energy Chamber (AEC) has called for sustained fiscal reforms to attract capital and technology into exploration in the continent
Oil could fall to US$40 if OPEC+ fails to deepen cuts: Rystad
Brent oil prices to dip to US$40 a barrel in 2020 if OPEC and Russia don’t extend and deepen their production cuts, according to Norwegian research firm Rystad Energy
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