Canada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV)
Exploration
Equatorial Guinea signs MoU to boost oil exploration at AC Energy Forum
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has signed several MoUs with successful bidders of its 2019 Licensing Round, on the sidelines of the Atlantic Council’s Global Energy Forum in Abu Dhabi
Global oil and gas discoveries reach four-year high in 2019, says Rystad Energy
Global oil and gas explorers discovered 12.2bn boe in 2019, the highest volume since 2015, according to data from independent energy research company Rystad Energy
South Sudan announces tender for environmental audit of the country’s oilfields
The government of South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields
Operational production costs in oil and gas industry have fallen globally: Rystad
Operational production costs in the oil and gas industry have fallen across the globe, with the UK emerging as a cost-cutting powerhouse among global offshore regions, according to an analysis by Rystad Energy
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