Oil & Gas

KEY POINTS ExxonMobil has entered into a new memorandum of understanding (MoU) with the government of Gabon, setting the stage for potential oil and gas exploration off the coast of …

KEY POINTS Italian oilfield services giant Saipem has secured a string of new contracts and extensions from energy company Eni, valued at approximately $135 million, reinforcing its position as one …

KEY POINTS Renaissance Capital has projected that Nigeria could reclaim its long-lost oil production strength, hitting over two million barrels per day (bpd) by 2026 if the government sustains its …

KEY POINTS Egypt has raised prices across a broad range of petroleum products, its second increase this year, as the government continues efforts to rein in subsidies and narrow a …

KEY POINTS China’s state-run oil company CNPC has quietly maintained crude exports from Niger’s Agadem oilfield even as negotiations drag on with the country’s military-led government over demands for greater …

KEY POINTS Chevron Nigeria Limited has restated its commitment to supporting the Federal Government’s Decade of Gas initiative, underscoring its role as a long-standing partner in Nigeria’s energy transformation drive. …

KEY POINTS The Chairman of Libya’s National Oil Corporation, NOC, Masoud Suleiman, has opened talks with a senior delegation from the American oilfield services company Halliburton to explore potential areas …

KEY POINTS Nigeria’s upstream oil regulator, NUPRC, expects new field developments to add a significant lift to the nation’s production capacity as the government intensifies efforts to revive investment in …

KEY POINTS Egypt’s Petroleum and Mineral Resources Minister, Karim Badawy, has unveiled an ambitious five-year exploration plan that will see the country drill 480 new oil and gas wells at …

KEY POINTS Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, used his participation at two major energy gatherings in London this week to champion Egypt’s expanding oil and gas …