Decom Engineering’s latest R&D investment has updated its Pipe Coating Removal (PCR) equipment, which cleans decommissioned or surplus pipelines of multiple coatings, so they can be repurposed for use on other projects
Exploration
PetroNor announces further extension of long stop date for purchase of Aje
PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, and Panoro Energy ASA have agreed to further extend the completion long stop date for the previously announced purchase of Panoro’s fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited (Pan Aje)
Africa Oil provides positive Egina field operational update in Nigeria
Eginas production continues to increase due to the relaxation of its OPEC+ quota restriction, according to Africa Oil
Wildcat Petroleum focuses on developing proven upstream asset in Angola
Wildcat Petroleum plc, which is targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry, has provided an update on its strategic developments
Limited prospect of global LNG market softening in 2022: ICIS
Tight LNG market conditions are expected to persist in 2021 on the back of resurgent demand, with only a limited easing of availability in 2022, according to a global forecast by ICIS