Weekly News Round-Up

In an unprecedented and tumultuous week for oil, we’re bringing you some positive industry stories (yes, there still are some out there!)

After BP’s much-hyped announcement in February, Shell’s pledge to go net zero by 2050 has gone somewhat under the radar (perhaps unsurprising given the current circumstances). This Bloomberg piece looks at how Shell might achieve its ambitious goal. Read more

“Down but not out” is how Westwood Energy’s Kai Gruschwitz describes the state of high impact drilling in 2020. Despite a predicted fall of up to 35%, it is heartening to hear that some projects are still going ahead. Read more

After the departure of Paul McDade in December, Tullow Oil has named Rahul Dhir, the current boss of Africa-focused explorer Delonex Energy, as its new chief executive. Read more

One for the techies. Weatherford has announced that its automated connection integrity tool, Vero, has successfully completed 100 runs. Vero applies artificial intelligence to minimise safety risks and validate well integrity from the wellhead to total depth. Read more

Not breaking news, but international law firm Baker McKenzie have released a resource designed to help oil and gas companies navigate the current landscape, covering topics from distressed M&A to the impact of COVID-19 on the energy transition. Read more

If you have an interesting content piece that you think our #oilgas community would benefit from reading, send it to info.africa@hyve.group.