oil production


All posts for oil production

Libya Unites Large-Scale Production with Frontier Potential

Home to the largest recoverable reserves on the continent, Libya's vast and underexplored basins are sparking the interest of major operators, as the North African producer seeks to sustain oil output in the long-term. While Libya saw the temporary halt of its oil production earlier this year due ...

Aydanur Akkurt - Africa Oil & Power


Posted 4 days agoLink > AfricaAfrican EnergyEnergy +24

To Achieve its Power Accessibility Goals, the DRC Must Develop its Gas Resources

By  NJ Ayuk, Executive Chairman, African Energy Chamber   Find French version  here Read more on the DRC's resource-rich potential in the  Africa Energy Series Special Report: DRC 2020  – the leading investor resource for tracking the country's current and future movements within the sector. ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 days agoOpinion > AfricaAfrican EnergyAfrican Energy Chamber +32

Timeline: Developing South Sudan’s Oil Industry

Read about South Sudan's growing oil sector and more in the Africa Energy Series Special Report: South Sudan 2020 – the leading investor resource for tracking South Sudan's current and future movements within the sector. While South Sudan discovered first oil 45 years ago, it remains one of the f ...

Aydanur Akkurt - Africa Oil & Power


Posted 17 days agoLink > South SudanSouth Sudan Oil & Power 2021Africa +19

Angola’s Proactive Approach to Drive Exploration

In 2020, Angola seeks to drive frontier exploration through its upcoming offshore licensing round in the Kwanza and Congo basins, as well as optimize existing resources through three recent block extensions and phased development of short-cycle satellite fields. Downstream, Angola is spearheading ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > AngolaAngola Oil & GasLuanda +23

Africa’s Leading Producer

Producing 2.1 million barrels per day (bpd), Nigeria serves as Africa's largest oil and gas producer, although production is currently limited to 1.4 million bpd by OPEC-led quotas. In a bid to develop untapped resources andmonetize existing resources, 2020 has seen the launch of a marginal field ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +22

Angola: Supporting Cross-Border Cooperation

*This article will be published in the upcoming AES: Angola COVID-19 Impact ReportAs a response to the reduction in oil demand amid global lockdowns, the Organization of Petroleum Exporting Countries (OPEC) and the G20 met in March, seeking to reduce the global supply of petroleum among top produc ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > AngolaLuandaAngola Oil & Gas +27

South Sudan: With an Eye on Oil

This includes Nigeria's Oranto Petroleum, which signed a six-year exploration and production sharing agreement (EPSA) for Block B3 in 2017 and South Africa's Strategic Fuel Fund (SFF), which signed an EPSA for Block B2 in March 2019. On June 29-30, Africa Oil & Power will return to Juba for the f ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > South SudanOilPower +6

South Sudan invites Russian companies to its oil and gas sector

South Sudan's Minister of Foreign Affairs and International Cooperation H.E. Awut Deng Acuil met with Russia's Minister of Foreign Affairs H.E. Sergey Lavrov to discuss the way in which Russia can aid South Sudan in developing its oil and refining industries. “We informed our colleagues about the ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > oil productionSouth SudanPower Project +4

South Sudan invites Russian companies to its oil and gas sector

South Sudan's Minister of Foreign Affairs and International Cooperation H.E. Awut Deng Acuil met with Russia's Minister of Foreign Affairs H.E. Sergey Lavrov to discuss the way in which Russia can aid South Sudan in developing its oil and refining industries. “We informed our colleagues about the ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 months agoLink > oil productionSouth SudanPower Project +4

The Shale Showdown in 2020 – What’s Happening?

Slow growth in U.S. energy consumption, as a result of continued increases in energy efficiency, and technologically enabled growth in domestic oil and natural gas production lead the United States to remain a net energy exporter through 2050. The AEO2020 Reference case projects domestic energy d ...

Hui Shan


Posted 9 months agoLink > ShalePermianUSA +3

How changes to the oil industry impact the construction industry

Thanks to worldwide changes in demographics, attitudes, and costs, the construction industry has to adapt and evolve constantly to stay ahead of the game. The availability of oil is a crucial factor in this. With the cost of oil fluctuating unpredictably, those in the construction industry need to ...

stephen avv


Posted 11 months agoOpinion > oil industryConstruction IndustryFossil Fuels +7

Offshore Production & Storage Regains Its Buoyancy

As global deepwater activity regains favour, with blockbuster discoveries such as Guyana's Liza discovery in 2015, the need for versatile FPSOs that can go where new oil is has been rising. Brazil, through Petrobras, is already the world's largest operator of FPSOs, with almost 50 vessels plying ...

Hui Shan


Posted 1 year agoLink > FPSOFSOfloaters +6

South Sudan Sees Uptick in Economy

The economy of South Sudan is steadily improving due, in part, to the September 2018 peace deal, which is bolstering economic growth. “Since the signing of the peace agreement at least there is improvement, there has never been major violations of the ceasefire and we are hopeful that the economy ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > South Sudanoil productioneconomy +2

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 1 year agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 1 year agoOpinion > Senator BingamanBingamanSanta Fe +71