ERHC Energy Inc., a publicly traded company with oil and gas assets in Sub-Saharan Africa, announced in 17 January, the signing of a Memorandum of Understanding (MOU) with an Starcrest Nigeria Energy Limited
On 17 January from Vancouver, Canada, Africa oil Corporation announced the discovery of oil in the Erut-1 well in Kenya
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
The remotely-operated TraceNet TCM2 Unit controls and monitors heat trace around the clock
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
