Africa energy Archives

GENI Index 50 ▼ -1 Brent Crude $91.99 ▼ -2.35% WTI $87.36 ▼ -1.73% Natural Gas $3.29 ▼ -0.9% Global rig count 862 ▲ +7 Live tenders 12 this week M&A deals tracked 7 this week Jackup utilisation 88% ▲ Jack-up utilisation 42% ▼ Drillship utilisation 76% ▲ Semisub utilisation 98% ▲ OSV / PSV utilisation 91% ▲ FPSO utilisation 96% ▲ LNG Carrier utilisation 94% ▲ Tanker utilisation 71% — GENI Index 50 ▼ -1 Brent Crude $91.99 ▼ -2.35% WTI $87.36 ▼ -1.73% Natural Gas $3.29 ▼ -0.9% Global rig count 862 ▲ +7 Live tenders 12 this week M&A deals tracked 7 this week Jackup utilisation 88% ▲ Jack-up utilisation 42% ▼ Drillship utilisation 76% ▲ Semisub utilisation 98% ▲ OSV / PSV utilisation 91% ▲ FPSO utilisation 96% ▲ LNG Carrier utilisation 94% ▲ Tanker utilisation 71% —

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4 weeks ago

Obtaining production right for offshore block key to oil & gas firm’s South African expansion

With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy…