COVID-19 is undoubtedly perhaps the biggest shock in the history of the oil and gas sector; The demand collapse has caused investments of $690 billion to disappear; The impact of the energy transition on...
By NJ Ayuk By NJ Ayuk, Executive Chairman, African Energy Chamber Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – 3,628...
By NJ Ayuk Despite the COVID-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments. Look at Uganda’s oil and gas industry. Following multiple petroleum...
By Atiku Abubakar On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in...
