Eight leading energy companies announce Transition Principles
Eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition
Industry
TransGlobe Energy to merge, extend and modernise its Eastern Desert concessions
TransGlobe Energy Corporation has reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the three existing Eastern Desert concessions (West Gharib, West Bakr and North West Gharib concessions) into a new modernised concession agreement
MODEC awarded operations and maintenance contract for Sangomar field FPSO
MODEC Senegal S.A.S.U. (MOSEN) has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar Field Development Phase 1 project offshore Senegal
GlobalData: African midstream operators withdraw investment plans amid COVID-19 turmoil
The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices
COVID crisis deepens energy efficiency slowdown
The already sluggish pace of global progress on energy efficiency is set to slow further this year as a result of the economic impacts of the COVID-19 crisis, deepening the challenge of reaching international energy and climate goals and making stronger government action critical, according to the International Energy Agency (IEA)
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