A significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deepwater, up from the previous quarter, according to data and analytics company GlobalData
Industry
Nigeria expects to spend less on importing refined products
With the price of oil dropping in the international market, Nigeria expected to spend less on importing refined products
TechnipFMC wins iEPCI contract for BP Platina Field in Angola
TechnipFMC has been awarded a significant integrated engineering, procurement, construction, and installation integrated engineering, procurement, construction, and installation (iEPCI) contract for the BP Platina Field in Angola
Amarinth taps into oil and gas projects in Africa with new territory sales manager
Amarinth has appointed a new sales manager for the Africa territory to support the strong growth the company is seeing in new oil and gas projects being undertaken in the region
US drilled but uncompleted wells first to feel oil price shock: Rystad Energy
Rystad Energy impact analysis shows that US drilled but uncompleted wells (DUCs) will be the first assets to be threatened by the newly formed low price environment, as their breakeven costs are now only dollars away from market prices
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