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Industry

Africa-focused traditional energy company Chariot has been formally awarded the Rissana offshore licence in Morocco

AIM-listed SDX Energy, the MENA-focused energy company, has completed the drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt, where SDX has 50% working interest

Crude oil and gas prices have surged following Russia’s invasion of Ukraine, reaching their highest levels since 2014

With recent sanctions on Russia by western nations threatening the critical supply of Russian gas to European markets, an opportunity has emerged for African gas producers to step up, enhancing hydrocarbon production and exports to meet international supply gaps

Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analysing the views of more than 1,000 senior energy professionals 

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