Oilfield products company Forum Energy Technologies has completed a three-month upgrade to its hyperbaric testing facility, which can result in an operational time saving to clients of more than 35 per cent
Exploration
Total signs sale and purchase agreement with Angola’s Sonangol
Energy company Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and 21/09 in the Kwanza Basin, offshore Luanda
‘African licensing round opportunities to remain strong in 2020’
Throughout 2019, Africa has led the licensing round; looking forward to 2020 this is set to continue, but the results of recent rounds have had limited success in a global context, according to data and analysis firm GlobalData
Equatorial Guinea grants ExxonMobil extension, expects major investments in 2020
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has granted ExxonMobil a six-month extension for offshore blocks EG06 and EG-11
Oil markets could face oversupply in 2020, says DWF
Slava Kiryushin, Dubai-based global head of energy at DWF, has commented on the global oil trade in 2020, where he expects there to be an oversupply
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