The world’s publicly listed oil and gas companies saw their free cash flow (FCF) for public exploration and production (E&P) companies soared to almost US$300bn last year and 2019 could turn out to be another blockbuster year, according to an analysis by Rystad Energy
Exploration
Nigerian minister updates APPO Cape VII on the Petroleum Industry Bill's progress
His Excellency Emmanuel Ibe Kachikwu, Nigerias minister of state for petroleum, held a press conference at APPO Cape VII, in which he gave an update on the progress of the Petroleum Industry Bill (PIB). Following incumbent president Muhammadu Buhairis win in this years elections, Kachikwu confirmed that the bill was with the president and could receive assent by June, when the ninth assembly of the Nigerian parliament convenes
Total launches full field production on Kaombo Sul in Angola
Oil major Total announced that production has started on Kaombo Sul, the second floating production storage and offloading (FPSO) unit of the Kaombo project offshore Luanda in Angola
Global energy demand rose by 2.3 per cent in 2018: IEA
Global energy demand grew by 2.3 per cent in 2018, with natural gas accounting for 45 per cent of the rise in energy consumption, according to the International Energy Agency’s (IEA) fGlobal Energy & CO2 Status Report
Fugro expands offshore and onshore services in Egypt with new hub
Fugro has opened new premises in Egypt as it expands its site characterisation and asset integrity services for offshore and onshore projects and infrastructure in the region
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