Equatorial Guinea waives fees for oil and gas service companies
The ongoing coronavirus pandemic and low oil price has brought considerable instability to African oil producers in the Gulf of Guinea.
The ongoing coronavirus pandemic and low oil price has brought considerable instability to African oil producers in the Gulf of Guinea.
According to an impact analysis from Rystad Energy, E&P companies are likely to reduce project sanctioning by up to US$131 billion, or about 68% y/y.