Upstream

BP sells its petrochemicals business to INEOS for US$5bn

storage tank cooper river.jpg.img.750.mediumOil industry company BP has agreed to sell its global petrochemicals business to INEOS for a total consideration of US$5bn

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Dana Gas approves dividend, demerger study

dana gasDana Gas, the Middle East’s regional private sector natural gas company, shareholders have approved to distribute an 5.5 fils per cash dividend for the financial year ended 31 December 2019

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Total and Tullow make a deal over Lake Albert, Uganda

5482182274 75e312445b cTotal will acquire all of Tullow’s interests in the Lake Albert development project, including the East African Crude Oil Pipeline (EACOP)

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Uganda and Kenya’s first upstream projects to be deferred, says GlobalData

29955397307 481feba631 cAs the number of cases rise and business sentiment tumbles, sub-Saharan Africa is likely to see a slowdown in upstream activity for ongoing projects and final investment decisions (FIDs) anticipated in 2020, according to leading data and analytics company GlobalData

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‘Cybersecurity now top focus of upstream oil and gas companies’ digital investments’

40466252685 c34e1c418b cCybersecurity has emerged as the top focus of upstream oil and gas companies’ digital investments, according to a new report from consulting firm Accenture

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