Invictus Energy Limited has received firm commitments from new and existing institutional and sophisticated investors to raise approximately US$6.10mn (before costs) by way of a share placement in Zimbabwe
Industry
EnerMech secures work with UK Government for Mozambique’s oil and gas sector
3t EnerMech, a strategic alliance between 3T Energy group and EnerMech, has won a contract with the UK government, which will help to shape future training requirements for Mozambiques oil and gas workforce
Zenith Energy to acquire 45% stake in Candax Energy's Tunisia asset
The fully-owned subsidiary of Zenith Energy Ltd, an international oil and gas production company, has entered into a share purchase agreement with Candax Energy limited
OSSO nets North Sea win with Neptune Energy
Fluid temperature control specialist OSSO has been awarded a contract by global E&P independent operator Neptune Energy to deploy its high volume mud cooler and AutoCUL technology
Oil markets face uncertain future after rebound from pandemic shock, says IEA
World oil markets have rebounded from the massive demand shock triggered by COVID-19 but still face a high degree of uncertainty that is testing the industry as never before, according to a a report by International Energy Agency (IEA)
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