Eco’s oil and gas operations are focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana.
US natural gas producer Chesapeake Energy has reported a net loss of $227m for the second quarter of 2024.
Market analysts had predicted that BP’s profits would reach $2.55bn for the April-June period but BP reported its profits reached $2.76bn.
Electrification should not be seen as oil’s “great rival” according to HE Haitham Al Ghais, OPEC Secretary General.
French energy giant TotalEnergies has decided to exit several offshore blocks in South Africa, including Block 11B/12B.
Subsea Integration Alliance, a joint venture between Subsea7 and OneSubsea, has been awarded a contract by bp in the UK North Sea.
Occidental has reached an agreement to sell some of its Delaware Basin assets to Permian Resources for approximately $818m.
India has allocated Rs75bn ($895.74m) for seismic data acquisition and drilling of stratigraphic wells, reported the Economic Times.
The second quarter of 2024 recorded a continued decline in deal activity following the rebound in Q4 2023.
Despite policy progress, Nigeria faces challenges in achieving the goal of eliminating gas flares from hydrocarbon operations by 2030.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
