Oil and gas explorer FAR Limited has executed a contract with Stena Drillmax Ice Limited, a subsidiary of Stena Drilling Ltd, to commence drilling operations in the Bambo-1 well offshore The Gambia in Q4 2021
Exploration
Driving cost reduction with digital transformation
To grasp the growth opportunities that exist in oil and gas, leaders must control TCO and establish a solid footing for new initiatives, according to Emmanuel Guilhaumon, sales manager strategic accounts, heavy industries, EMEA, Rockwell Automation
VAALCO Energy secures rig for 2021/2022 drilling campaign in Gabon
VAALCO Energy has executed a contract with Borr Jack-Up XIV Inc, an affiliate of Borr Drilling, to drill two development wells and two appraisal wellbores with options to drill additional wells in Gabon
NAMCOR and ReconAfrica sign agreement to develop Kavango basin
The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa (ReconAfrica) have announced the execution of a joint operating agreement to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia
European oil majors benefits highly despite weakened revenues
The European oil majors (Shell, BP, TotalEnergies, Eni and Repsol) have benefitted dramatically from elevated oil and gas prices in the Q1 2021 as income returned to near pre-pandemic levels, according to GlobalData, a leading data and analytics company
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