The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy
Exploration
Dana Gas commences drilling operations at Egypt concession area
Dana Gas PJSC, a Sharjah-based natural gas company, has announced it has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt
Oil and gas exploration sector regains its mojo
Wood Mackenzie said its eleventh annual exploration survey – in which 258 senior energy leaders participated – reveals that the oil and gas industry is optimistic in 2019, profits have returned and prospects look good
Eni makes light oil discovery in offshore Angola
Eni has made a light oil discovery in Block 15/06, in Angola’s deep offshore that was drilled on the Ndungu exploration prospect
Uganda unveils five oil blocks available for licensing
Five new blocks were put up for the second licensing round in Uganda’s Albertine Graben