Africa Oil Corp has announced drill stem test results for the Luiperd-1X well, the second major discovery on Block 11B/12B offshore South Africa
Exploration
2021 to bring a window of opportunity for oil and gas producers
Although the COVID-19 pandemic has caused producers to slash their output to keep prices at somewhat profitable levels, the year 2021 could offer a window of opportunity, as monthly supply deficits may reach their highest level in years, according to Rystad Energy’s analysis
Equatorial Guinea set to create a natural gas driven downstream mega hub
The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has drafted a 100-day plan to push the sector forward and offer economic growth
Oil falls on new COVID-19 strain setback, says Rystad Energy
The travel restrictions that the new strain of COVID-19 has triggered are indeed affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy
Energean completes Edison E&P acquisition
Energean, an exploration and production company, has completed its acquisition of Edison Exploration & Production S.p.A. (Edison E&P) from Edison S.p.A