PASA - REGIONAL INDUSTRY NEWS

REGIONAL INDUSTRY NEWS
Local oil firms need collaboration to blossom, says Nestoil
NestoilLimited has proffered ways to transform local oil companies in the country into regional powerhouses capable of developing the economies of the West African region to the whole of Africa.
What Angola can learn from Nigeria for marginal oil production
With production declining and investment scarce, Angola`s government has put a number of new policies in place to reboot its oil industry and propel economic development. However, those changes take time and renewed deep-water oil and gas exploration for fresh reserves will take years to yield the desired results and stop the daily production crunch.
Seismic oil exploration starts offshore
Portuguese-based energy company Galp will start with a 3D seismic research campaign in Namibia’s Deep-water Offshore Licence PEL83 in the Orange Basin on Friday. The survey, contracted to PolarcusUK, will cover an area of around 3 000 square kilometres and should be completed in March.
Total boss wants FG to issue more exploration licenses
The Nigerian Government has been urged to issue licenses for exploration. The suggestion was made by the Chief Executive Officer of Total, Patrick Pouyanne, who also disclosed .....

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