Oil and gas exploration and production company Circle Oil announced that Tunisia has approved its application to renew the exploration permit on the Mahdia block
Exploration
Bowleven commences drilling operations on the Moambe exploration well
Oil and gas exploration company, Bowleven, has announced that drilling operations have begun on the Moambe exploration well on the Bomono Permit, onshore Cameroon
Accenture to acquire Schlumberger Business Consulting
Accenture is set to acquire Schlumberger Business Consulting (SBC) in a bid to expand its strategy in upstream oil and gas
South Africa to speed up hydrocarbons exploration
South Africa will accelerate offshore oil and gas exploration to reduce dependence on imports, President Jacob Zuma has said
‘OPEC oil production of 31.4mn bpd highest since August 2012’
Oil production by OPEC nations in July has totalled 31.4mn bpd, up 120,000 bpd from June 2015