Posted in Top News

IDS GeoRadar, Worldsensing Launch Unique Mining Monitoring Package

Two of the leading players in monitoring technology, Worldsensing and IDS GeoRadar, a Hexagon company, have cooperated to launch the most…

Posted in Top News

Global E&P Capex Will Reach At Least A 13-Year Low In 2020 As Covid-19 And Price War Persist – Rystad Energy

Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this…

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Chemical and oil companies to slash capex, slowing investment wave

By Joseph Chang, Global Editor, ICIS Chemical Business In the wake of the coronavirus and collapse in crude oil prices,…

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Tullow Oil Losses Soar to $1.69B for 2019

Irish explorer Tullow Oil has announced that it has recorded a $1.694B in loss after tax for the year ended…

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Global oil demand to decline in 2020 as coronavirus weighs heavily on markets – IEA

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the…

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Oil and Gas Activities to Improve Health Sector in Uganda

Dr. Diana Atwine, the Permanent Secretary of the Ministry of Health (MoH) in February led a team from the Petroleum…

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The Mozambican Gas Promise and Why It Epitomizes the African Dream

It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas…

Posted in Geothermal

Toshiba Wins Order in Ethiopia for Small Scale Geothermal Power Generation System for Wellhead

Toshiba Energy Systems & Solutions Corporation (Toshiba ESS)  has announced that the company, Toyota Tsusho Corporation and Turkish engineering company…

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Coronavirus to delay most of 2020’s FPSO deliveries and postpone USD30 billion of E&P investments

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are…

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TGS welcomes Somalia’s ratification of the Petroleum Law

The Federal Republic of Somalia has confirmed that the country’s Petroleum Law has been ratified by His Excellency, President Mohamed Abdullahi Farmajo. The Presidential Ratification is…