Savannah Energy has signed a share purchase agreement (SPA) with ExxonMobil Corporation, ExxonMobil International Holdings and Esso Exploration Holdings and has separately signed an SPA with PETRONAS (E&P) Overseas Ventures for the purchase of each of their entire upstream and midstream asset portfolios in Chad and Cameroon
Industry
TotalEnergies EP Gabon finalises divestment of interests to Perenco Oil and Gas
TotalEnergies has announced the closing of its agreement to divest to Perenco Oil and Gas Gabon the Cap Lopez Terminal and non-operated assets of its 58%-owned affiliate TotalEnergies EP Gabon
Extension of long-stop date for purchase of Pan Petroleum Aje
PetroNor E&P, the sub-Saharan Africa-focused independent oil and gas exploration and production company, has collaborated with Panoro Energy for further extension of long-stop date for purchase of Pan Petroleum Aje
Improve equipment operability, maintainability and reliability
Brady Corporation has unveiled full identification solutions to improve equipment operability, maintainability and reliability by using reliable and eye-catching visuals
The Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, according to Rystad Energy