The African Energy Chamber signed a memorandum of understanding (MoU) with the African Petroleum Producers Organisation (APPO) in Brazzaville
Exploration
Panoro Energy gives update on infill drilling campaign offshore Equatorial Guinea
Panoro Energy ASA provides the following update on operations offshore Equatorial Guinea
South Africa approves transfer of interest in Orange Basin to Africa Oil from Eco
Africa Oil Corp has received the final approval from the Government of the Republic of South Africa for the transfer of a 6.25% interest in Block 3B/4B in the Orange Basin from Azinam Limited, a wholly owned subsidiary of Eco (Atlantic) Oil & Gas Ltd, to the Company as announced on 11 July 2023
What's in store for the oil market in 2024?
This year may see a broadly balanced oil market, reflecting slackening demand in advanced economies (impacted by monetary tightening), OPEC+ alliance cuts, plus a slowdown in non-OPEC supply, says economist Moin Siddiqi
Enterprise-wide predictive maintenance strategies will prove profitable in long-run: GlobalData
Maintenance strategies in the oil and gas industry have gradually transformed from their early days in the 19th century