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Aje field partners plan further development drilling in 2020

ADM Energy plc an oil and gas investing company quoted on AIM, announces its unaudited half-yearly results for the six months ended 30 June 2019. The Aje Field, is part of OML 113, in which ADM Energy holds a 5% equity investment Oil production in Aje fields is at a broadly stable rate from two […]

Oilfield Africa - Thursday April 9, 2020
Africa Oilfield Exploration and Production 2020 Outlook

The year 2020 is expected to usher in a new horizon in some of Africa’s oil and gas producing countries as they look forward for better oilfield exploration and production bargains and strategic partnership alliances with prospective investors. Increasing continent crude oil production volume amid favorable and stable crude oil price is a projected economic […]

Oilfield Africa - Wednesday April 8, 2020
Oil markets could face oversupply in 2020, the IEA says

Oil markets are expected to face excess supplies in 2020 due to a production boost amid weak demand growth, the director for energy markets and security at the International Energy Agency said “Overall, we will continue to see a well supplied market in 2020,” said Keisuke Sadamori at the Singapore International Energy Week. “Unless other […]

Oilfield Africa - Friday March 13, 2020