South Sudan, being an ‘oil-prolific’ country, is viewed as one of Africa’s last unexplored frontiers – the holder of sub-Saharan Africa’s third largest proved oil reserves (3.5bn barrels of low-sulphur crude)
Industry
Kongsberg Digital signs strategic partnership agreement with Shell
Kongsberg Digital and Shell International Exploration & Production have signed a strategic partnership agreement to collaborate and accelerate digital solutions and transformation for well delivery and performance
Zenith Energy commences Robbana workover, onshore Tunisia
Zenith Energy, the listed international oil and gas production company focused on pursuing African development opportunities, has announced the commencement of workover activities in well Robbana-1 (ROB-1) in the Robbana concession, onshore Tunisia
Westwood predicts gradual recovery for global land rig demand
A slow, gradual recovery for global land rig demand is expected following the COVID-19 induced downturn in 2020, according to an analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm
Hurricane Ida may pave the way for price volatility, says Rystad Energy
Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 mmbbl per day (bpd) in the Gulf of Mexico