E&P
Nigeria’s deepwater oil sector is witnessing renewed investor confidence, driven by regulatory reforms and major offshore investments, but concerns persist over environmental risks and sustainability.
Shell’s $400 million write-off of an unviable oil discovery offshore signals challenges for Namibia’s crude production ambitions, yet allows it to balance energy goals with sustainable growth.
Oil and gas exploration is booming in Namibia, with the country seeking to strike a balance between developing fossil fuels and building out renewables.
Petrobangla has begun receiving bids from international oil companies keen to explore for hydrocarbons in Bangladesh’s 24 offshore blocks in the Bay of Bengal.
Thailand and Cambodia are discussing joint Gulf of Thailand oil and gas exploration, but territorial disputes still pose a challenge.