Actemium has announced a new multi-million dollar contract with BP Angola for maintenance of two floating production storage and offloading units (FPSOs) offshore Angola
Exploration
Oil price prediction from Africa Independents Forum
By the end of June 2016, oil prices could be up to US$57 a barrel and US$73 by 31 December 2016
SDX Energy announces positive well development results
SDX energy, an international oil and gas development and production company, has confirmed oil-bearing reservoirs in its Al-Amir SE 24 well in North West Gemsa
SAIT Polytechnic to train Equatorial Guinea nationals
The Ministry of Mines, Industry and Energy of Equatorial Guinea has signed an agreement with the Southern Alberta Institute of Technology (SAIT Polytechnic) to provide comprehensive technical training to Equatorial Guinea nationals in Canada
Angola increases lead over Nigeria as Africa’s top oil producer
A report by the Organisation of Petroleum Exporting Countries (OPEC) has revealed that Angolan oil production increased again in April, overtaking Nigeria