Latest analysis from Westwood Global Energy Group, the specialist market research and consultancy firm, uncovers a positive outlook for the Nigerian oil and gas sector, following a decade of unmet potential
Exploration
Cheirion makes new oil discovery in Gulf of Suez
Cheiron has made a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez, Egypt
Petroleum-fuel dyes and markers market to witness steady growth
The global petroleum-fuel dyes and markers market is estimated to be valued at US$467mn in 2023 and is further expected to witness a steady growth rate of 4.8% CAGR during the forecast period, totalling a valuation of around US$746.3mn by 2033
Maurel & Prom to acquire Assala's assets in Gabon
Maurel & Prom has announced that, following a bid process, it has signed, a Share Purchase Agreement (SPA) with Carlyle International Energy Partners for the acquisition of 100% of the shares in Assala Energy Holdings and all of its subsidiary entities holding the Assala groups entire upstream and midstream asset portfolio in Gabon
Africa's pathway to net zero: Energy transition – the clue is in the name
As Africa’s burgeoning economies grow, so does the demand for oil and gas