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DNV GL research forecasts oil and gas capex and R&D spending boosts in 2018, but industry still promises to keep a cap on costs

Senior oil and gas sector professionals expect a step change in the industry’s capex, opex and R&D spending levels in 2018, as new research from DNV GL, the technical advisor … Read More

Tullow Oil to spend $170M in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018

Tullow Oil estimates to spend approximately $170 Million in Kenya’s Pre-Development, Exploration & Appraisal Activity in 2018 a majority of which is set aside for Exploration and Appraisal at $90 … Read More

Upstream Activity to shift to Lamu, Mandera Basins in 2018

A majority of seismic and drilling activity in Kenya will concentrate in the Lamu and Mandera basins this year away from the traditional South Lokichar area according to the 2018 … Read More

Global exploration: 5 things to look for in 2018 – Wood Mackenzie

Economic outlook brighter; fierce competition for quality plays 2018’s mantra will be to keep the focus on simpler wells. With investment down and competition up, companies will focus on newly … Read More