Pipeline installations to fall 19 per cent in 2020: Westwood
Westwood’s new report, World Onshore Pipeline Market Forecast 2020-2025, foresees 19 per cent decline in pipeline installations in 2020, from a high point of 48,000km in 2019
E&P
Total Gabon divests its portfolio of mature non-operated assets
Supermajor Total has announced that its 58 per cent owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal
Global oil and gas industry deals total US$28.01bn in Q2 2020
Total oil and gas industry deals for Q2 2020 worth US$28.01bn were announced globally, according to GlobalData’s deals database
GlobalData: Acquisition of Senegal assets underpins Lukoil’s West African expansion plans
Lukoil reached an agreement with Cairn to purchase their Senegalese assets including a share of Sangomar development
Eni announces oil discovery and production in Egypt
Supermajor Eni announced the successful drilling of the SWM-A-6X well in the South West Meleiha development and exploration concession in the Egyptian Western Desert, about 130 km north of Siwa Oasis
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