Canada-based Africa Oil has announced the closing of the acquisition of a 50 per cent ownership interest in Petrobras Oil and Gas B.V. (POGBV)
Industry
South Sudan announces tender for environmental audit of the country’s oilfields
The government of South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields
Operational production costs in oil and gas industry have fallen globally: Rystad
Operational production costs in the oil and gas industry have fallen across the globe, with the UK emerging as a cost-cutting powerhouse among global offshore regions, according to an analysis by Rystad Energy
AIS Training and Survivex sign new training management contract
The UK’s energy sector training providers, AIS Training and Survivex, part of the 3T Energy Group, have signed a contract with Well-Safe Solutions, to manage and deliver all of its training requirements and provide an IT platform to support its competence management system
Oil price surges on Soleimani assassination
The assassination of top Iranian military commander Qassem Soleimani by a pre-dawn American air raid near Baghdad airport on Friday has caused a remarkable spike in Brent crude prices, taking it to over US$70 on Monday 6 January, according to a report by CITYA.M., the first time Brent crude has exceeded the US$70 threshold since September
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