Fatih Birol, executive director of International Energy Agency (IEA) said that the US would meet about two-thirds of global oil demand in about five years, signalling that the US producers would continue to fill the gap left by production cuts from OPEC producers and Russia
American multinational oilfield services company Halliburton has released Stega™ advanced drill bit, to optimise the placement of backup cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP)
South Africa-based integrated energy and chemical company Sasol and Air Liquide have announced the launch of US$246.07mn oxygen production plant in Secunda, South Africa
Consulting firm GlobalData said about US$194bn will be spent on upcoming oil and gas fields in Africa over the next eight-years, underscoring the pickup in oil and gas industry activity in the region
The US-based Strata-X Energy Ltd has acquired two new prospecting licenses for its Serowe CSG Project covering 406,735 acres in Botswana, thus allowing the CSG project to span across 680,000 acres in the Botswana CSG fairway
