The government of Nigeria is gearing up to conduct a wide-ranging audit of the country’s downstream oil and gas infrastructure.
The national oil company (NOC) of Suriname hopes to raise money for offshore exploration projects with a bond sale in 2020.
Japan’s MODEC has issued project bonds on international capital markets to raise the money needed to refinance an FPSO chartered for work in the pre-salt zone offshore Brazil.
IHS Markit has agreed to assist Angola’s National Agency for Oil, Gas and Biofuels, known as APNG, with its next licensing round, which is due to take place in September.
Kenya’s government intends to endorse Qatar Petroleum’s plans to join an offshore oil exploration project in the Lamu Basin.
Russia has kept is oil and gas production capped in keeping with the terms of the OPEC+ deal, but the production of LNG has soared in the last year, as the Kremlin hopes to turn gas into a commodity that can be sold anywhere.