Industry

Zenith Energy agrees an extension to option agreement for OML 141

Zenith 2022Zenith Energy has agreed an extension to the option agreement with Noble Hill-Network Limited (NHNL), announced on 29 November 2021, for the purchase of a 42% interest in the share capital of NHNL

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Natural gas shortage drove steep increase in carbon prices in 2021

GLobalData Jan 2022 1Around 22% of greenhouse gases are explicitly priced and less than 4% are priced at US$40 per tonne — the minimum price considered necessary to meet Paris Agreement targets, according to GlobalData analytics

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OSSO marks growth milestone with UK headquarters and strategic hires

James Scullion CEO OSSOOSSO, the specialist fluid temperature control and separation solutions provider, has announced its move to larger headquarters in Aberdeen, UK and appoints six new hires across the Middle East and Europe as part of its global growth strategy

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Eco (Atlantic) announces strategic acquisition offshore South Africa and Namibia

Eco Atalntic 2022Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has signed a MoU to acquire 100% of Azinam Group, including Azinam's entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition

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OCIMF unveils digitalised tanker inspection programme for 2022

Sam Megwa 28 DecThe Oil Companies International Marine Forum (OCIMF) is overhauling its Ship Inspection Report Programme (SIRE) by introducing tablet-based inspections, a more comprehensive inspection process and enhanced policies and procedures from Q2 2022

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