Maersk Drilling revises financial guidance for 2020 and takes steps to reduce onshore organisation
Today, The Drilling
Company of 1972 A/S (“Maersk Drilling”) provides the following update on
the impact of COVID-19 and lower…
Africa Oil & Power Launches Angola Oil and Gas 2020 Special Report
LUANDA, Angola, -- Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday, May 7th,…
Africa Oil & Power launches Investment Report on Gabon’s Petroleum Sector
Natural gas has been identified as a key development driver for Gabon’s hydrocarbons sector
LIBREVILLE, Gabon, -- Through the…
NJ Ayuk: How Africa Can Make a Comeback from Oil Price Plunge & COVID-19 Pandemic
There has been a ray of hope: a landmark production-cut agreement among OPEC, OPEC+ and G20 stakeholders on April 12 put an…
Moody says APICORP’s ‘Aa2’ Rating is Stable Despite Current Economic Conditions
APICORP continues to be the only
Aa2-rated financial institution in MENA regionRating reaffirmation based on strong
capital…
IOCs reports historic loss, Cut Production in Permian Basin
The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as the…
COVID-19: AEC, IAGC Calls on African Government to take Action to Sustain Oil & Gas Industry
These measures are intended to mitigate the expected loss of jobs and abandonment of erstwhile viable projects in the African oil…
OTC Announces Spotlight on New Technology Awards Recipients
Houston, Texas, USA — The Offshore Technology Conference (OTC) announces the 2020 recipients of the Spotlight on New Technology®…
Equatorial Guinea grants 2 Years Extension to Oil & Gas Exploration Companies
The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in…
President Trump bans importation of certain power equipment
Washington, DC - President Trump has issued an executive order on May 1 banning the “acquisition, importation, transfer, or…