Oil and gas companies must use the current cash flow windfall opportunity to speed up decarbonisation of their businesses, according to natural resources consultancy Wood Mackenzie’s report
Industry
Zenith Energy mobilises rig to Robbana concession in Tunisia
Zenith Energy, Africa-focused international oil and gas production company, has finalised the necessary preparations for the commencement of operational activities in the Robbana concession onshore Tunisia
Schlumberger’s PeriScope to optimise reservoir exposure
Schlumberger has announced the launch of the PeriScope Edge multilayer mapping-while-drilling service that expands the depth detection range and improves resolution compared to existing services, while utilising cloud and digital solutions to offer reservoir insights
BP exits offshore Block A1 in Gambia
Gambias Ministry of Petroleum and Energy reports that BP has exited offshore Block A1, which is one of two (Blocks A1 and A4) that the Gambian government stripped from Norwegian-listed African Petroleum Corp in 2017
Shell’s Nigeria sale offers value, but bidders need to do homework, says WoodMac
Shell has initiated a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria, including a 30% interest in 19 oil mining leases (OMLs)