A Golar LNG tanker. LNG

Headwinds remain for startup of Cameroon FLNG

Political posturing and internal security issues could prove problematic for Cameroon’s FLNG project.

By Felix Janvrin 15 December 2017
Exploration & Production

Statoil buys into Ghana block

Statoil has bought into the Deepwater Tano/Cape Three Points licence in Ghana, the company said in a statement on Wednesday.

25 April 2012
Exploration & Production

SeaBird exploraion secures $5.5 mln contract

Oslo-listed SeaBird Exploration has secured a $5.5 million contract to conduct 2D seismic work in East Africa.

25 April 2012
Companies & Finance

PTTEP considers options after Shell matched $1.8 billion Cove bid

Royal Dutch Shell has matched PTT’s $1.8 billion offer for Cove Energy and secured the recommendation of Cove’s board, the supermajor said in a statement on Tuesday. Responding to Shell’s move, PTT said it was “considering its options and will make a further announcement as and when appropriate.”

24 April 2012
Policy & Regulation

Nigeria cancels audit contracts for subsidy programme

The Nigerian Finance Ministry has cancelled the contracts of two accounting companies responsible for auditing the government’s fuel subsidy programme, Reuters reported over the weekend.

23 April 2012
Global Markets

Nigerian security situation improving - Voser

The overall security situation in Nigeria is improving, Royal Dutch Shell’s Chief Executive Peter Voser said in a speech in London on Wednesday.

18 April 2012
Global Markets

Family ties

Wildcat discovers its own connection to a little-known arms deal that helped Eni stay in Libya.

18 April 2012
Pipelines, Storage & Power

Gas leak shuts Nigerian Total plant

French company Total has shut down its Obite gas production facilities in the recently upgraded OML 58 in Nigeria’s Rivers State because of a gas leak.

18 April 2012
Exploration & Production

Ugandan government to build two production hubs

The Ugandan government will build two production hubs in the Lake Albert region to supply a new refinery in the Burseruka Hoima district, the New Vision newspaper reported on Sunday.

17 April 2012
Global Markets

Domestic prices for Tanzanian petroleum products analysed

The Tanzania Daily News quoted the Energy and Water Utility Regulatory Authority (EWURA) as saying on Tuesday that domestic prices for petroleum products have recently increased, yet they are cheaper when compared to other countries in Sub-Saharan Africa.

17 April 2012
Exploration & Production

Kenya’s investment challenge

The oil finds made in the Turkana region of northern Kenya caused celebrations in Nairobi, but is the country’s regulatory and legal framework ready for a flood of exploration and production investment? Ian Lewis reports

15 April 2012
Companies & Finance

World Bank disburses funds for North Giza CCGT expansion

The World Bank is ready to disburse $240 million for the development of the Giza North gas-fired power project in Egypt. The funds will pay for the construction of a third 750 megawatt combined cycle gas turbine (CCGT) unit at the Giza North plant taking total installed generating capacity to 2,250 MW.

13 April 2012
Companies & Finance

IFC debt disbursed for Ivory Coast exploration

The World Bank's lending arm, the International Finance Corporation (IFC), has confirmed it will lend $20 million to Rialto Energy for exploration work in the Ivory Coast. Half of the debt will come from the IFC's central fund, with the final $10 million supplied by the multilateral agency's African, Latin American and Caribbean fund.

13 April 2012
Exploration & Production

Chariot complete Mauritania licence award

The Mauritanian government approved the award of a 90% stake in the Block C19 concession to Chariot Oil & Gas on Friday.

13 April 2012
Exploration & Production

Zimbabwe struggles to find CBM investors

The Zimbabwean government is still struggling to attract investors to help develop the Lupane CBM deposit five years after the project was first proposed.

11 April 2012
Companies & Finance

Aker secures equipment and installation contract in Egypt

Aker Solutions has secured a two-year contract with Egypt’s Badr Petroleum to supply all its surface wellhead equipment, installation and lifecycle services in the Egypt’s Western Desert.

11 April 2012
Companies & Finance

Chariot Oil & Gas to take 90% operating stake in block offshore Mauritania

Africa-focused independent Chariot Oil & Gas will take a 90% operating stake in a block offshore Mauritania, the company said in a statement on Tuesday.

10 April 2012
Exploration & Production

Tanzania’s Ziwani well results delayed

Drilling results from the Ziwani 1 onshore exploration well in Tanzania are “so far not as expected” and have been delayed by equipment problems, Wentworth Resources said in a London Stock Exchange announcement on Tuesday.

10 April 2012
Companies & Finance

Cove clears tax hurdle in Mozambique

The sale of Cove Energy cleared a major hurdle on Tuesday as management published details of a tax agreement with the Mozambique government.

10 April 2012
Pipelines, Storage & Power

Wentworth looking for gas sales deal in Tanzania

Wentworth Resources is negotiating with the Tanzania Petroleum Development Corp. (TPDC) over a gas sales agreement to supply a new pipeline between Mnazi Bay and Dar es Salaam, the company’s managing director told Interfax on Wednesday.

5 April 2012
Exploration & Production

Anadarko names Mozambique gas field Prosperidade

Anadarko Petroleum has named the gas reservoir found offshore Mozambique Prosperidade, meaning prosperity, after finishing drilling the Barquentine 4 appraisal well in Mozambique, the company said in a statement on Wednesday.

4 April 2012

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