Halliburton Company has awarded three multimillion-dollar educational software grants to Algerian public universities to train and prepare the next generation of Algerian oil and gas engineers and geoscientists
Industry
Rystad Energy: Upstream spending will struggle to recover to pre-pandemic levels
The toll of the Covid-19 pandemic on upstream investments in the first two years of the downturn is estimated at a whopping US$285bn, and although spending will slowly start to rise from 2022, it will not reach pre-crisis levels in the coming period, according to a Rystad Energy report
Zenith Energy completes acquisition of Candax Energy's Tunisian assets
Compagnie Du Desert (CDD), Zenith Energy’s fully-owned subsidiary, has completed the acquisition of a 100% interest in the fully-owned subsidiary of Candax Energy in Barbados, Ecumed Petroleum Tunisia (EPT), which holds a 100% interest in the El Bibane and Robbana concessions in Tunisia
Axora launches global challenge to help oil and gas companies impacted by COVID-19
Axora has announced to launch first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year
Frontier Resources announces active hydrocarbon system in Namibia
Houston-based international gas exploration company Frontier Resources International has announced active hydrocarbon system in Namibia while providing an operational update on its activities in southern African country
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