Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, in Egypts Western Desert, and their extension to 2036, with the possibility of reaching further to 2041
Industry
Victoria Oil and Gas raises US$7.5mn for Matanda drilling in Cameroon
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
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
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