Oil. News

 

Namibian Oil Discoveries Send Asset Demand Soaring

Aug 29, 2024

The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual jump on record.The Exchange Traded Fund tracking local government bonds is listed on the Namibian Stock Exchange and in South Africa and has jumped over 20% in U.S. dollar terms since Portugal-based Galp's discovery in April that the Mopane field could hold at least 10 billion barrels of oil…

Current News

Saipem Bags $2B Saudi Aramco Contract for Marjan Field

Saipem Bags $2B Saudi Aramco C

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

CNOOC Maintains Steady Oil Pro

Woodside and JERA Ink Long-Term LNG Supply Agreement

Woodside and JERA Ink Long-Ter

Japan's ENEOS Takes Share of Floating Wind Project off Norway

Japan's ENEOS Takes Share of F

Subscribe for OE Digital E‑News

Offshore Engineer Magazine