The United States has taken a unique view on the issues of mineral rights and developed a system that is typically only found in that country. We explore this maze of uncertainty.
Although new exploration is expected to bounce back from 2018 levels, the OGUK has cautioned that drilling activity continues to stand at a “record low rate” and supply chain firms remain under significant financial stress.
In 2019, we expect more than 9% in production growth, thanks to the ramp-ups of large projects like Kaombo or Egina plus some start-ups in Brazil, UK and Norway. But we can also expect a volatile Oil & Gas environment! This is why we will maintain financial discipline and pressure on cost reduction to further reduce our break even so as to remain profitable whatever the oil price and be able to invest in the company for the future..
Part 2 of our takeaways picks up the conversation where we left off as our advisors’ peer into the rabbit hole of climate change and energy transition, and the future role of gas.
President Macky Sall of Senegal opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar on Wednesday with the announcement of the first offshore bid rounds.
To unlock the growth potential in emerging markets, collaboration between governments and the private sector is key. This is particularly true in West Africa where countries are still building up their oil and gas industries.
As the industry continues its gradual recovery from the post-2014 period of low oil prices, the prospects for Africa’s upstream sector are also looking more positive.
As Africa’s most exciting and technically advanced ultra-deep offshore oil and gas project, Grand Tortue Ahmeyim (GTA) is set to put Mauritania and Senegal on the map for the energy sector.
Katie Jackson, Executive Vice President for Commercial and NBD at Shell, is one of the most active and prominent women in the business. Jackson’s range of expertise – including her start as a drilling engineer, her time in banking, followed by her move into industry management – have long made her a valuable asset and leader. Jackson delivers flagship deals for Shell building on her rich, industry experience, creativity, strong relationships, and understanding of the market.