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Angola’s Infrastructure Supports New Concessions, Ahead of 2025 Bid Round

Existing production infrastructure supports the development of new concessions in Angola, as the country seeks large-scale upstream investments to boost oil production Release As part of the country’s six-year licensing round launched in 2019, Angola will open its next international tender in 2025. Currently, the National Oil, Gas & Biofuels Agency (ANPG) – the country’s […]

May 13, 2024 Read More

Halliburton Launches Innovative Lost Circulation Cementing Solution

Halliburton Company added the SentinelCem™ Pro cement system to its lost circulation solutions portfolio. The single-sack packaging enables proactive storage in offshore and remote locations. SentinelCem Pro cement, built upon its predecessor, simplifies mixing operations as it eliminates the need for pre-hydration of the slurry design and access to high-purity water sources. This feature facilitates […]

May 13, 2024 Read More

QatarEnergy Acquires Stakes in Two ExxonMobil Blocks Offshore Egypt

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will acquire a 40% working interest in each of the “Cairo” and “Masry” Offshore Concession Agreements, while […]

May 13, 2024 Read More