Top news from this week's Learn and Share
Storing crude at sea becomes a profitable option for traders
Lucrative trade to store crude at sea has become attractive with the recent collapse in oil prices. Demand has withered due to the global pandemic, deepening the attractiveness of floating storage.
STP and Equa G Lead Cooperation in the Gulf of Guinea
São Tomé and Príncipe and Equatorial Guinea have made an agreement on the establishment of a special zone for joint exploration to explore and develop cross-border oil & gas reserves in the blocks bordering each country’s maritime zone. The decision came after a meeting in Malabo between H.E. Osvaldo Abreu, Minister of Public Works, Infrastructures, Natural Resources and Environment of São Tomé and Príncipe and H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea
SDX Encounters Gas in Morocco
SDX Energy's recent analysis of the LMS-2 well has shown that a 10.6- meter net gas reservoir with 30.9% porosity has been encountered on prognosis at the base of the H9/Srafen.
Oil rebounds strongly in early trade, but volume rise further
Oil rebounded in Thursday trading, however gains looked shaky ahead of the rising volumes from Opec and other producers.
Eni and the University of Oxford have set up MBA Program for African Countries
Announced on Monday, Eni and Saïd Business School at the University of Oxford have announced their collaboration of 10 new MBA scholarships to strengthen the future of business leadership in Africa. Saïd Business School is leading the way in MBA recruitment from Africa, with 13% of this year’s cohort from 12 African countries. Out of the African MBA students, 56% are women.
A New technique for determining contents of crude oil demonstrated in an award-winning paper
Demonstrated by engineers from Brunel University in London, a low-cost approach to multiphase metering has been discovered with a ‘new visualisation technique’ proposed by scientists that could make the process cheaper, safer and quicker.
Uganda environment authority approves CNOOC’s Kingfisher project
The government has given their approval after the revised environmental and social impact assessment (ESIA) for CNOOC International’s Kingfisher oil project on the shore of Lake Albert.
Recent study reveals oil and gas companies have started using artificial intelligence (AI).
Alongside the already existing digital infrastructure to increase the efficiency of oil exploration operations. Belmont Technology has recently developed a cloud-based geoscience platform, nicknamed “Sandy”. This platform helps with unique knowledge-graphs, created by interpreting geology, geophysics, historic and reservoir project information from BP.
Send us your exciting company updates and we’ll post them to our social audience. Or, if you have an interesting content piece that you think our #oilgas community would benefit from reading, we will share it on our website too!
Comments, questions? We'd love to hear from you! Get in touch via LinkedIn, Twitter or Instagram.
Lucrative trade to store crude at sea has become attractive with the recent collapse in oil prices. Demand has withered due to the global pandemic, deepening the attractiveness of floating storage.
STP and Equa G Lead Cooperation in the Gulf of Guinea
São Tomé and Príncipe and Equatorial Guinea have made an agreement on the establishment of a special zone for joint exploration to explore and develop cross-border oil & gas reserves in the blocks bordering each country’s maritime zone. The decision came after a meeting in Malabo between H.E. Osvaldo Abreu, Minister of Public Works, Infrastructures, Natural Resources and Environment of São Tomé and Príncipe and H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea
SDX Encounters Gas in Morocco
SDX Energy's recent analysis of the LMS-2 well has shown that a 10.6- meter net gas reservoir with 30.9% porosity has been encountered on prognosis at the base of the H9/Srafen.
Oil rebounds strongly in early trade, but volume rise further
Oil rebounded in Thursday trading, however gains looked shaky ahead of the rising volumes from Opec and other producers.
Eni and the University of Oxford have set up MBA Program for African Countries
Announced on Monday, Eni and Saïd Business School at the University of Oxford have announced their collaboration of 10 new MBA scholarships to strengthen the future of business leadership in Africa. Saïd Business School is leading the way in MBA recruitment from Africa, with 13% of this year’s cohort from 12 African countries. Out of the African MBA students, 56% are women.
A New technique for determining contents of crude oil demonstrated in an award-winning paper
Demonstrated by engineers from Brunel University in London, a low-cost approach to multiphase metering has been discovered with a ‘new visualisation technique’ proposed by scientists that could make the process cheaper, safer and quicker.
Uganda environment authority approves CNOOC’s Kingfisher project
The government has given their approval after the revised environmental and social impact assessment (ESIA) for CNOOC International’s Kingfisher oil project on the shore of Lake Albert.
Recent study reveals oil and gas companies have started using artificial intelligence (AI).
Alongside the already existing digital infrastructure to increase the efficiency of oil exploration operations. Belmont Technology has recently developed a cloud-based geoscience platform, nicknamed “Sandy”. This platform helps with unique knowledge-graphs, created by interpreting geology, geophysics, historic and reservoir project information from BP.
Send us your exciting company updates and we’ll post them to our social audience. Or, if you have an interesting content piece that you think our #oilgas community would benefit from reading, we will share it on our website too!
Comments, questions? We'd love to hear from you! Get in touch via LinkedIn, Twitter or Instagram.
