Around 54,000 wells to be drilled worldwide in 2021, a 12% increase from 2020 levels, and in 2022, drilling is set to increase even more, by another 19% year-on-year to about 64,500 wells, according to Rystad Energy
Industry
Invictus Enery completes US$6.10mn placement in Zimbabwe
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
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
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
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