Namibia’s energy sector is on the precipice of large-scale transformation owing to sizeable oil and gas discoveries made since 2022, ambitious renewable and green hydrogen project developments kicking off and a proactive approach by the government to attract new investment in the country
Exploration
Libya draws in more than US$5bn through oil and gas revenues for Q2 2023
Libya generated more than US$5bn revenues from sales of crude oil, gas, condensates and petrochemicals in the second half of this year, noted the countrys national oil corporation (NOC) in one of its social media handles
Neptune Energy begins drilling Yakoot exploration well in Egypt
Neptune Energy announced drilling operations have begun at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern Gulf of Suez, Egypt
STRYDE launches new in-field data processing service
STRYDE, a global leader in seismic acquisition technology and solutions, has launched STRYDE Lens, a new integrated in-field data processing service, which offers expedited access to interpretation-ready onshore subsurface images
Nigerian crude unlikely to meet target
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