Oil & gas news

Oil prices are continuing to fall, with most concerns focusing on the US, where Covid-19 isn’t slowing down and road fuel demand trembles.

The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.

The two new seismic interpretation products are both powered by artificial intelligence.

Kariya Energy will be pursuing acquisitions of various exploration and development plays either through farm-in deals or operatorship through risk service contracts, or direct negotiations with sovereign governments.

The compressed air system will consist of four large capacity service and instrument air compressors with associated air dryers and filters.

Oil prices continued their decline on Monday, as the market is growing less and less confident that oil demand will recover as quickly as it hoped.

The company has resigned from its role of operator for five exploration blocks in the basin.

The company is to acquire Capricorn Senegal's entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture.

Oil prices rose today, correcting the lows that the week brought, but an overall bearish sentiment remains in the market, on concerns about weaker demand and supply increases.

CEO Pat Lawless will be visiting Guyana as soon as current travel restrictions allow to work with existing clients and to introduce EM&I’s diverless, robotic, and digital asset integrity technologies.