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Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields. State oil company Namcor is looking to build capacity to have a bigger role in developments along with the country’s strategy to maximize local production, according to Shilunga, who was appointed last month.

Offshore 130
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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Namibia Weighs Incentives to Kickstart TotalEnergies' Offshore Oil Plan

Rigzone

But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields. State oil company Namcor is looking to build capacity to have a bigger role in developments along with the country’s strategy to maximize local production, according to Shilunga, who was appointed last month.

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South Africa launches new national petroleum company

Oil & Gas 360º

The establishment of the SANPC aligns with broader goals by the South African government to create a more competitive and investment-friendly petroleum sector.

Petroleum 130
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Seizing the agentic AI advantage

McKinsey

Organizations that win will pair a clear strategy with tight feedback loops and disciplined governance, using agents to rethink how decisions are made and how work gets done—and turning novelty into measurable value. 3 “ The economic potential of generative AI: The next productivity frontier ,” McKinsey, June 14, 2023.

Casing 144
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Understanding the price of decarbonization

McKinsey

Some of the most important levers in today’s MACCs are efficiency levers such as route optimization, using advanced analytics to optimize routes based on real-time conditions to minimize fuel consumption over time; and predictive scheduling using AI to align production schedules with availability of low-carbon energy.

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Your commute is killing the planet, but flexible work can help

SmartBrief

NASAs Orbiting Carbon Observatory-2 (OCO-2) and the European Space Agencys TROPOMI instrument capture real-time emissions, giving a sharper picture of citywide activity. Instead, hybrid or fully remote models appear to foster productivity while limiting pollution.