Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to US$2.1 trillion, according to Rystad Energy
Eni Angola, TotalEnergies and Equinor have submitted bids for Blocks 31/21 and 16/21 in the Lower Congo Basin, respectively
The latest issue of Oil Review Africa digital magazine has analysed Africa which has managed to position itself as one of the world’s most competitive hydrocarbon markets, with countries such as Nigeria, Uganda, Kenya and Tanzania leading oil and gas pipeline projects
Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of more than US$400mn
Reconnaissance Energy Africa Ltd has provided an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play types following the integrated analysis of the two stratigraphic test wells and first phase of 2D seismic
