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Pipelines, Storage & Power

WAGP restart in ‘final stage’

The West African Gas Pipeline is in the “final stage” of commissioning work, ahead of restarting gas flows after almost a year’s interruption

28 June 2013
LNG

Nigeria LNG cargoes disrupted by freight levy issues

Export cargoes from the Nigeria LNG (NLNG) plant are being disrupted by arguments over freight levies, local newspaper the Daily Trust reported on Tuesday.

25 June 2013
Exploration & Production

India's ONGC and OIL to buy Videcon's stake in Mozambique block

India’s ONGC and OIL have signed an agreement to buy Videcon’s 10% interest in the Offshore Area 1 block in Mozambique, according to a press release on Tuesday.

25 June 2013
Exploration & Production

Sinopec ups Angola presence with $1.52 billion purchase

Sonangal Sinopec International (SSI) has signed an agreement to pay $1.52 billion for Marathon Oil’s 10% stake in Block 31 offshore Angola

24 June 2013
Policy & Regulation

Algeria's Sonatrach and Saipem relationship showing ‘signs of deterioration’

The relationship between Italian company Saipem and Algeria-based Sonatrach is “straining” and showing the “early signs of deterioration”, the Italian company said on Monday.

17 June 2013
Exploration & Production

Analysts warn that Mtwara problems ‘not going away’

The gas industry in Mtwara – the main port servicing vessels involved in offshore exploration work – has yet to be directly affected by the recent riots against a gas pipeline linking the region with Tanzania’s commercial capital Dar es Salaam.

14 June 2013
Supply & Demand

In Amenas attack the ‘last attempt of its kind in Algeria’

The attack against the In Amenas facility in January will be the “last attempt of its kind in Algeria”, Mustapha Harkouk, security manager for GDF Suez Algerie, told Interfax on Wednesday.

13 June 2013
LNG

Angola LNG launches, first cargo headed to Brazil

The first cargo produced from Angola LNG is expected to leave the plant this week and will head to Brazil, according to shipping data, ahead of full commercial operations beginning in August.

12 June 2013
LNG

Shell lifts Nigeria supply force majeure

Shell Petroleum Development Corp. has lifted the force majeure on supply to Nigeria LNG, a spokesman confirmed. The force majeure was lifted on Monday, more than three weeks after the Shell subsidiary announced a gas leak on a pipeline feeding the 22 mtpa facility.

12 June 2013
Policy & Regulation

Tanzania Electric Supply Co. hit with connection requests

The Tanzania Electric Supply Co. is being swamped with requests for connections to the electricity network after the government announced cheaper connection fees in its budget for the year

10 June 2013
Companies & Finance

ONGC, Oil India buy 10% Mozambique area stake

ONGC and Oil India have clubbed together to buy a 10% stake in Mozambique’s Onshore Area 1 for $2.48 billion.

10 June 2013
Supply & Demand

The lure of FSRUs for the Middle East: Part 2

Demand for FSRUs in the Middle East and North Africa is soaring. In the second of this two-part feature, Interfax explores how LNG players in the region are structuring contracts to ensure they can secure the most competitive bids.

10 June 2013
Exploration & Production

Cairn hails ‘new era’ in Morocco

Attractive geological formations coupled with an encouraging fiscal regime have seen explorers both large and small flock to Morocco over the past year, and with 10 or more wells to be drilled over the next 18 months, at least one company is likely to make a significant discovery soon, according to a senior executive at Cairn Energy.

7 June 2013
Exploration & Production

Fastnet to sell Agadir Basin stake

UK-listed Fastnet is in negotiations to sell its 18.75% stake in the Foum Assaka exploration licence in the Agadir Basin, offshore Morocco.

5 June 2013
LNG

Angola LNG loads first cargo

The $10 billion Angola LNG project loaded its first cargo this month, three people with knowledge of the matter told Bloomberg.

5 June 2013
LNG

Angola LNG set for June startup

Production at Sonangol’s Angola LNG facility has started and the first cargo will be loaded by the end of the month, a spokesman for the facility confirmed on Wednesday.

5 June 2013
Exploration & Production

African nations must move away from resource nationalism

Substantial gas discoveries off the coast of East Africa are set to provide a significant cash injection to local economies, but governments must move away from resource nationalism and adopt a more market-based approach to oil and gas development if they are to make the most of their new found assets, the president of the African Institute of Petr

4 June 2013
Exploration & Production

Morsi’s other power crisis

As temperatures in Egypt soar, government plans to import up to 28.32 MMcm/d of LNG before the start of summer are becoming increasingly urgent – and unrealistic.

3 June 2013
Supply & Demand

Eni and Sonatrach agree to reduce volumes to Italy

Eni and Algerian group Sonatrach have reached an agreement to reduce gas volumes into Italy for 2013 and 2014.

30 May 2013
Exploration & Production

Ghana approves Tweneboa-Enyenra-Ntomme development plan

The Ghanaian government has approved the development plan for the Tweneboa-Enyenra-Ntomme project, operator Tullow Oil said on Thursday.

30 May 2013

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