Oil and gas drilling set for at least a 20-year low in 2020
The COVID-19 pandemic has stymied oil and gas activity, a phenomena which has now affected the drilling market both in terms of wells drilled and in terms of related demand … Read More
Tag: COVID-19
Transglobe Energy Provides Egypt’s Operations Update
UPDATES Production has averaged 14,447 Boepd in Q2 2020 to date (April 14,378 Boepd, May 14,334 Boepd and June 1 to June 19 14,740 Boepd) versus 14,997 Boepd in Q1 … Read More
Sound Energy Signs LNG Heads of Terms with Leading Moroccan Energy Group
Sound Energy has provided the following update in relation to the Company’s micro liquified natural gas (“mLNG”) phase 1 development plan for the TE-5 Horst development (the “Phase 1 Development”) … Read More
Supporting East Africa’s Young Professionals: African Energy Chamber
The voice of young professionals in the energy industry in East Africa will present an important and timely discussion through a webinar hosted by the African Energy Chamber. The COVID-19 … Read More
Equatorial Guinea Adopts New Petroleum Regulation
The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea has announced the adoption of the new Regulation of Petroleum Operations, Regulation No. 2/2020 of June 15th, … Read More
SENEGAL: Woodside Says Sangomar On Track For First Oil In 2023
Woodside has denied media reports stating that Senegal has been forced to delay its first oil and gas projects by up to two years because of the COVID-19 pandemic. According … Read More
EGYPT/ MOROCCO: Post-drilling Extension of Plateau Production at South Disouq and De-risked Prospectivity in both Egypt and Morocco
Egypt · As a result of the Sobhi discovery in South Disouq (SDX Working Interest: 55% and operator), which SDX drilled at 100% Working Interest, gross plateau production of c.50 MMscfe/d … Read More
Global OFS demand is set for a 25% decline in 2020
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25% yearly drop in 2020 as a … Read More
Energy Transition Plays Role in Driving FIDs Across Africa
Hosted by Africa Oil & Power and the African Energy Chamber, the ‘Closing Deals: Advancing FID During COVID-19’ webinar addressed the prioritization of energy projects in an environment of limited … Read More
Oil & Gas Virtual Summit Set for 6-10th July 2020
The Oil & Gas Leadership and Success Virtual Summit will be held in July 2020 to address the impact of the COVID-19 pandemic on the oil and gas industry including a … Read More