Tullow Oil plc has completed the sale of its assets in Equatorial Guinea to Panoro Energy ASA (Panoro), and received US$88.8mn from the transaction
Industry
Pharos Energy receives provisional approval of El Fayum Concession, Egypt
Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporations (EGPC) main board to an amendment of the fiscal terms of its El Fayum Concession, which is now subject to the approval of the Egyptian government
Ever Given vessel freed from Suez Canal
After the Ever Given container vessel ran aground amid high winds and a standstorm in the Suez Canal last on Tuesday 23 March, effectively shutting off the important maritime route, international trade has been severely impacted but now service has resumed as the vessel has finally been pulled free
DNV's additive manufacturing service to support energy industry’s digital transformation
DNV has released a service specification document with the aim to support stakeholders across the Additive manufacturing (AM) value chain to ensure AM products, assets and systems are safe and efficient
Penspen to deliver next-gen engineering project for Petrozim
Penspen has been awarded a 10 month engineering contract from national oil company Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe