The Patola field development is expected to involve an investment of up to $195m and deliver first oil in 2023.
Mexico still needs international investment to either maintain the growing trend or stabilise its production level, despite positive oil production growth in 2020
Crude oil production in Mexico is forecasted to grow by 10% from 1,740 barrels per day (bpd) in 2020 to 1,920bpd in 2023.
The UK may stray further from the energy transition unless the government provides vital support for the sector to promote recovery, according to the trade association for the UK offshore oil and gas industry, OGUK.
Foreign oil majors have taken a recent interest in Mozambique, but the new facilities are facing challenges beyond the usual social and environmental risks associated with such projects. An Islamic State-aligned insurgency group has attacked...
In this issue: Norwegian oil continues to draw investment, what the Biden administration means for the Gulf of Mexico, testing digital twins in oil and gas, and more.