Exploration

Global oil and gas processing seals market to see positive growth

oil and gas researchandmarketThe oil and gas processing seals market by revenue is expected to grow at a CAGR of more than 2% from 2020-2025, according to a report by ResearchAndMarkets

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Oil prices rises on expectations that OPEC+ may keep output stable in February

Oil price risesOil prices started the week positively on expectations that OPEC+ will keep output levels unchanged in February and as Chinese oil demand is recording a weather-related uptick

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Kosmos Energy completes farm down of exploration assets to Shell

Kosmos Energy 4 JanKosmos Energy has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC to farm down interests in Suriname, Sao Tome & Principe and Namibia for approximately US$95mn million plus future contingent payments of up to US$100mn

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ExxonMobil announces emission reduction plans

emission reductionExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15-20% by 2025, compared to 2016 levels

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Equatorial Guinea makes advances on 100-Day petroleum milestones

industry 3197398 640Drilling plans, natural gas downstream investments, cross-border negotiations and a complete overhaul of the mining sector are just a few of the initiatives that Minister of Mines and Hydrocarbons HE Gabriel Mbaga Obiang Lima’s team has undertaken in recent months

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