They have certainly struck the right tone. The year started with the resolution of some long-standing operational and arbitration issues from previous years; issues that distracted the oil and gas companies from focusing on their core business of exploring for and producing oil and gas.
They have certainly struck the right tone. The year started with the resolution of some long-standing operational and arbitration issues from previous years; issues that distracted the oil and gas companies from focusing on their core business of exploring for and producing oil and gas.
It is all about exploration and making sure that benefits along the oil and gas value chain are harnessed efficiently. Without exploration there is no value chain. Efforts to make sure there is ongoing drilling that leads to production should be the goal
It is all about exploration and making sure that benefits along the oil and gas value chain are harnessed efficiently. Without exploration there is no value chain. Efforts to make sure there is ongoing drilling that leads to production should be the goal
Some of the current issues in the industry include the arbitration between the government and ENI, arbitration between the government and Tullow and the cancellation of MoUs signed since 2019, which were meant to end up as Petroleum Agreements.