Industry

Panoro Energy announces extension of Block G PSC offshore Equatorial Guinea

9 May PanoroMinistry of Mines and Hydrocarbons of Equatorial Guinea and the joint venture partners at Block G offshore Equatorial Guinea have agreed a material time extension of the Production Sharing Contract (PSC) until 31 December 2040, covering the producing Ceiba and Okume Complex Fields

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Apex International Energy tests well at 2,440 bpd in Egypt’s Western Desert

Apex stpory ORA and ORME 9 MayApex International Energy (Apex) announced that the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water

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Mauritanian Energy Ministry and NOC partner with Energy, Capital & Power

Mauritania energy ministry 9 MaySandra Jeque, international conference director for Energy Capital & Power (ECP), met with Ahmed Vall Mohameden, adviser to the minister for cooperation and communication to forge a partnership for the promotion of Mauritania’s energy sector

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Peak oil may be three years away: McKinsey

renewables AdobeStock reduced 76545466The energy transition continues to accelerate, with oil demand projected to peak in this decade, perhaps as soon as 2025, according to new research by leading global consultancy, McKinsey & Company

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Petronor establishes production from first Litanzi infill wells in Congo (Brazzaville)

Petronor 25 AprilPetroNor E&P has provided an update on first production from the Litanzi infill drilling programme in Congo

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