Libyas latest drilling initiatives will be supported by a US-based oilfield services company, Schlumberger (SLB), as per a new turnkey contract, a first of its kind in Libya
Exploration
Libya's oil production sees consistency for two consecutive months
Libyas oil production in June averaged 1.15 mn barrels of oil per day (bopd), unchanged from the previous month
Hydrogen demand to increase in refining and petrochemicals sector, finds GlobalData
Oil companies are looking for avenues to move towards operations with net-zero emissions
Oil & gas one of the key sectors to fuel global crane rental industry
The crane rental market is estimated to grow from US$53.3bn in 2023 to US$83.5bn in 2033 at a rate of 4.6% creating an absolute opportunity of US$30.3bn
Afreximbank, GHL, AFC draw financial close on Cabinda Oil Refinery in Angola
Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) announced the financial close of the Cabinda Oil Refinery in Angola