Panoro Energy ASA announced that following its lifting of 745,000 barrels of oil at Block G offshore Equatorial Guinea in July and receipt of related payment in excess of US$80mn, cumulative net cash flow generated from its production entitlement at Block G has exceeded the upfront acquisition cost of US$94mn
On the back of the global commodities super cycle, end to COVID restrictions, and renewed focus from the Namibian government on the mining and energy sectors, International SOS is gearing up for a period of resurgent growth in the region
Eni has agreed to acquire bps upstream business in Algeria, including the two gas-producing concessions In Amenas and In Salah (45.89% and 33.15% working interest respectively)
The Consortium composed of Chariot, the Africa focused transitional energy company and Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it will launch feasibility studies in order to co-develop the Nour Project, a large-scale green hydrogen project to be located in Mauritania
Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, has revealed a healthy recovery roadmap for the global land rig market, driven by higher commodity pricing and mounting pressures around energy security
