On 17 January from Vancouver, Canada, Africa oil Corporation announced the discovery of oil in the Erut-1 well in Kenya
Africa Oil announce oil discovery on Erut Prospect, Kenya
Exploration
Statoil awards OneSubSea production system contract for the Utgard development, North Sea
OneSubsea announced on 19 January that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea
Thermon introduce TraceNet TCM2 dual curcuit control and monitoring unit
The remotely-operated TraceNet TCM2 Unit controls and monitors heat trace around the clock
IHS: Where does the USA stand in the new geopolitics of oil?
As the global powers prepare for the World Economic Forum Annual Meeting to commence on 17 January, IHS Markit Senior Vice President Carlos Pascual analysed the new geopolitics of oil in 2017. Below is a brief extract from the full report which can be viewed on ihsmarkit.com
Wood Mackenzie: Seasonality takes centre stage in Egyptian gas market
Egypt could potentially position itself as a major seasonal player in the gas sector as the market dynamics begin to shift
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