Tower Resources PLC is still to receive government approval regarding its farm-out to Beluga Energy in Cameroon of a 49% non-operating working interest in its Thali production sharing contract
Industry
Rystad Energy: Costs within the upstream sector comes down in 2021
Rystad Energy’s annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce
Africa Energy contemplates an early production system on block 11B/12B
Announcing its financial and operating results for the three and nine months ended 30 September 2021, Africa Energy provided an update on Block 11B/12B, offshore South Africa
Halliburton launches cloud service facilitating AI and ML models
Halliburton Company has released its DS365.ai cloud service to help customers accelerate their digital transformation with intelligent automation
Xodus unveils energy transition skills initiative in Aberdeen
Xodus has received a grant of approximately US$2.18mn from ETZ Ltd for X-Academy and ScotWind consortium partners bp and EnBW have committed more than US$1.36mn if their ScotWind application is successful