Africa’s upstream spend in 2020 is down US$14bn: Wood Mackenzie
Research and consultancy group Wood Mackenzie has said that Africa’s upstream spend in 2020 is down US$14bn versus its pre-crash view
Industry
Nigeria oil and gas operators pledge million of dollars to mitigate effects of COVID-19
National oil company Nigerian National Petroleum Corporation (NNPC) has said 53 per cent of the US$58mn pledged as medical intervention by the oil and gas industry group in the fight against COVID-19 will be devoted to the construction of medical infrastructure across the six geopolitical zones in the country
Neptune Energy announces major milestone at Algerian gas plant
E&P company Neptune Energy has announced a major milestone for Algerias Touat gas facility, with operatorship formally transferred to Groupement Touat Gaz (GTG)
IADC confirms ERIELL’s accreditation for WellSharp and RigPass programmes
The International Association of Drilling Contractors (IADC) has confirmed ERIELL’s accreditation for the WellSharp (Well Control) and RigPass (Safety Culture) programmes
The worst is over for oil and gas markets: OPEC secretary general
According to Mohammad Sanusi Barkindo, secretary-general of OPEC, the enormous and unprecedented oil market imbalance facing the industry in April following the COVID-19 pandemic required an unparalleled response from producers
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