Industry

Nigeria NLG Train 7 to create 12,000 direct jobs, a chunk for local workforce

48694395691 130517290b cThe Nigeria LNG and the Nigerian Content Development and Monitoring Board (NCDMB) met to compare notes and elaborate details on the local content component of the US$7.6bn Train 7 project signed in May 2020

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‘Nigeria oil sector needs to position itself for survival post COVID-19’

97418308 2623416534562454 4797839397208719360 oNigeria oil sector regulator, Department of Petroleum Resources (DPR) has identified cost control and management, portfolio rationalisation, strategic repositioning, business optimisation and strategic partnership as the strategic plan and policy for the survival and success of the Nigeria oil and gas industry post COVID-19

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BP invests US$5mn in cloud-based geospatial analytics software company

45848985372 4d16815887 cMultinational oil and gas company BP has invested US$5mn in a cloud-based geospatial analytics software company using advanced spectral imaging and machine learning to monitor changes in the environment

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Solo Oil continues to work with Aminex on Ntorya gas field in Tanzania

27297373142 5696eeface cSolo Oil has received confirmation from the operator Ndovu Resources Limited that the Mtwara Exploration Licence has been formally extended by the Ministry of Energy of Tanzania

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Africa’s upstream spend in 2020 is down US$14bn: Wood Mackenzie

32050321533 fd785b6cc1 cResearch and consultancy group Wood Mackenzie has said that Africa’s upstream spend in 2020 is down US$14bn versus its pre-crash view

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