Schlumberger has announced its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050, with a a 30% reduction in Scopes 1 and 2 by 2025
Exploration
Predator Oil and Gas spuds MOU-1 well onshore Morocco
Predator Oil & Gas, the Jersey-based oil and gas company with operations in Trinidad, Morocco and Ireland, has announced that the MOU-1 well was spudded on 20 June 2021 with drilling ahead in progress to the first planned 13 3/8" casing point
EnerMech appoints Steve Swanson as head of cranes and lifting in Africa
Steve Swanson has been appointed as head of cranes and lifting for EnerMech in Africa to support the business’ growth following a number of project wins in the last five months
Eni signs deal for Merged Meleiha in Western Desert Egypt
Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, in Egypts Western Desert, and their extension to 2036, with the possibility of reaching further to 2041
Victoria Oil and Gas raises US$7.5mn for Matanda drilling in Cameroon
Victoria Oil & Gas, Cameroon-based gas and condensate producer and distributor, has entered into a definitive financing agreement with Meridian Capital to raise maximum gross proceeds of US$7.5mn through the issue of unsecured loan notes