Uk North Sea could see more decades of the basin’s lifespan through the pioneer of a new microbial technology which will soon be trialled. This could help save people’s jobs and “kick decommissioning down the track”. An estimate of 35% is a standard recovery rate from an oil reservoir while the rest has stayed stubbornly...Continue Reading

Gabon’s petroleum minister, Noel Mboumda, stated that Malaysia’s state-owned oil company has signed an agreement with Gabon for two exploration permits. This happened after the African country enacted a new oil law on July 2019. According to the statement, Petroliam Nasional Bhd, also known as Petronas, has a presence in Gabon and is the first...Continue Reading