ExxonMobil signed an agreement with the government of Ghana to explore for oil offshore the West African country. The agreement covers the Deepwater Cape Three Point (DWCTP) offshore oilfield. The deal was signed following direct negotiations between the US supermajor and the government without an open competitive tender. ExxonMobil will hold an 80% stake in […]

  Tullow Oil added to its acreage in Cote d’Ivoire with the award of two new blocks, CI-520 and CI-524. One of the blocks is located along the maritime boundary between Cote d’Ivoire and Ghana. The award of the two new blocks brings Tullow’s holdings in Cote d’Ivoire to nine blocks, eight of which have […]

Global Internet of Things Market to Grow to US$ 457 billion by 2020 Securing the Promise of Invaluable Convenience from New IoT Devices  The continuous development of Internet of Things (IoT) devices will reportedly push the global IoT market to grow from US$157 billion in 2016 to $457 billion by 2020. According to HIS Markit, […]