Victoria Oil & Gas, Cameroon-based gas and condensate producer and distributor, has entered into a definitive financing agreement with Meridian Capital to raise maximum gross proceeds of US$7.5mn through the issue of unsecured loan notes
Industry
DNV highlights 10 crucial energy system technologies
Technology Progress Report, a new supplement to DNV’s annual Energy Transition Outlook, has highlighted key technologies in three major energy sub-sectors: production, transportation and use
FAR Limited to commence Gambia drilling in Q4 2021
Oil and gas explorer FAR Limited has executed a contract with Stena Drillmax Ice Limited, a subsidiary of Stena Drilling Ltd, to commence drilling operations in the Bambo-1 well offshore The Gambia in Q4 2021
Driving cost reduction with digital transformation
To grasp the growth opportunities that exist in oil and gas, leaders must control TCO and establish a solid footing for new initiatives, according to Emmanuel Guilhaumon, sales manager strategic accounts, heavy industries, EMEA, Rockwell Automation
NAMCOR and ReconAfrica sign agreement to develop Kavango basin
The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa (ReconAfrica) have announced the execution of a joint operating agreement to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia