Increasing demand for oil and gas across the globe is the major driver augmenting the demand in the global oil and gas analytics market. Moreover, to understand the untapped value of big data in the oil and gas industry is also pushing demand for oil and gas analytics.
Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over. An overhaul of oil policy that’s been in the works for more than a decade is among a raft of laws President Muhammadu Buhari could steer through parliament
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has committed himself to championing oil exploration in the Northern part of Nigeria, including parts of the South that are yet to be explored. Years ago, when I did a
The International Energy Agency (IEA) has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. Dubbed the ‘methane tracker’, this new tool offers the most comprehensive global picture of methane emissions, covering eight industry
Garrett Soden, Africa Energy’s president and CEO, said, “We are very pleased that Total was able to secure the Deepsea Stavanger rig again for the next phase of drilling on Block 11B/12B offshore South Africa.” “Using the same equipment and crew that drilled the Brulpadda
In order to strengthen cooperation amongst African companies, encourage the development of strong African content and promote joint-venture opportunities, Malabo will be hosting the Oil & Gas Meeting Day on October 1-2, 2019. The summit is part of Equatorial Guinea’s Year of Energy and will
As many as six high impact wells are yet to be completed this year around Africa, after several consecutive low-activity years with only a few positive results. According to the energy research and business intelligence company Rystad Energy, these wells all target offshore acreages, with
The 1,123mn boe average monthly discovered volumes reflect an uplift of approximately 35 per cent compared to the 827mn boe seen in 2018. So far, 2019 has been a year of gas discoveries, holding a majority (63 per cent) share compared to liquids, a phenomenon
Oil prices fell on Monday on mixed Chinese economic data and signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived. Chinese industrial output and retail data topped expectations, but overall figures showed the country’s slowest quarterly
Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (“Africa Energy” or the “Company”), an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce that the joint venture partnership for Block 11B/12B offshore South Africa has entered into a multi-well drilling contract with Odfjell Drilling