As oil prices are edging slightly lower as the market waits for a decision by OPEC+ on production policy from August, a crucial call that will draw the price direction for coming months, Louise Dickson, Rystad Energy’s oil markets analyst, has analysed the scenario
Industry
Nigeria passes petroleum bill – but there is still work to do
As Nigerian lawmakers pass petroleum bill, Mansur Mohammed, from Wood Mackenzie’s sub-Saharan Africa upstream research team, stated there is still work to do
Decom Engineering updates Pipe Coating Removal solutions for oil and gas
Decom Engineering’s latest R&D investment has updated its Pipe Coating Removal (PCR) equipment, which cleans decommissioned or surplus pipelines of multiple coatings, so they can be repurposed for use on other projects
PetroNor announces further extension of long stop date for purchase of Aje
PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, and Panoro Energy ASA have agreed to further extend the completion long stop date for the previously announced purchase of Panoro’s fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited (Pan Aje)
Africa Oil provides positive Egina field operational update in Nigeria
Eginas production continues to increase due to the relaxation of its OPEC+ quota restriction, according to Africa Oil
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