Nigeria is expected to witness 109 oil and gas projects to commence operations across the value chain during the next four years, accounting for more than 24% of the predicted total projects starts during that time, according to GlobalData, a leading data and analytics company
Exploration
Panoro Energy announces extension of Block G PSC offshore Equatorial Guinea
Ministry of Mines and Hydrocarbons of Equatorial Guinea and the joint venture partners at Block G offshore Equatorial Guinea have agreed a material time extension of the Production Sharing Contract (PSC) until 31 December 2040, covering the producing Ceiba and Okume Complex Fields
Apex International Energy tests well at 2,440 bpd in Egypt’s Western Desert
Apex International Energy (Apex) announced that the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water
Mauritanian Energy Ministry and NOC partner with Energy, Capital & Power
Sandra Jeque, international conference director for Energy Capital & Power (ECP), met with Ahmed Vall Mohameden, adviser to the minister for cooperation and communication to forge a partnership for the promotion of Mauritania’s energy sector
Peak oil may be three years away: McKinsey
The energy transition continues to accelerate, with oil demand projected to peak in this decade, perhaps as soon as 2025, according to new research by leading global consultancy, McKinsey & Company