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
Exploration
Eni acquires bp's Algeria business
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)
Chariot joins hands with Total Eren on a green hydrogen project in Mauritania
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
‘World Land Drilling Rig Market Forecast’ unveils five-year outlook for land rigs
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
Sasol and ITOCHU sign MoU for green hydrogen and ammonia
Sasol and ITOCHU Corporation have signed a Memorandum of Understanding (MoU) to jointly study and develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation