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Oil and gas M&A deal value decreased in 2019 driven by energy transition considerations and global uncertainty – EY

Global oil and gas overall deal volume and deal value were down 17.7% and 10.8% respectively in 2019, as stagnant commodity prices, disappointing results, and low returns left the industry … Read More

Deloitte Oil and Gas M&A Outlook: Shifting Strategies Reshaping Global Transactions Market in 2020 and Beyond

Key takeaways While total oil and gas deal count declined in 2019, total deal value held up thanks to several mega-deals, primarily in upstream and downstream. Majors and large independents … Read More

African partnerships strengthen Deep Casing Tools’ global footprint

UK-based oil and gas technology development company, Deep Casing Tools (DCT), has announced the appointment of two agents as part of its strategic growth plans in Africa. DCT has appointed … Read More

SPONSORED: New Entrant Zu-Lais A One Stop Shop for Kenya’s Upstream Sector

Zu-Lais Oil & Gas Logistics and Consultancy Co. Ltd (Zu-Lais) was founded as a one stop for companies in the exploration & production environment in Oil & Gas, Renewable Energy … Read More

Opportune Time for Africa Oil & Gas Industry to consider Change: PwC Oil & Gas Review

The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil … Read More

CNPC and ENH sign cooperation framework agreement in Mozambique

CNPC and Mozambique’s national oil and gas company ENH have signed a cooperation framework agreement under which the two sides will reinforce cooperation in oil and gas exploration and production, and natural … Read More

Oil & Gas explorers need to rethink their capex on exploration activity in Africa – PWC

Oil & gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to … Read More

Halliburton offers $35 billion for Baker Hughes

[twitter-follow screen_name=’oilnewskenya’] Energy industry products and services provider Halliburton and leading supplier of oilfield services, products, technology and systems Baker Hughes have announced a definitive agreement under which Halliburton will acquire … Read More

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