Macky Sall, president of Senegal LNG

Golar wins Tortue FLNG amid unitisation uncertainty

The selection of an FLNG provider for the West African project is a welcome boost for the venture, but some questions remain.

By Felix Janvrin and Fatima Sadouki 23 April 2018
Pipelines, Storage & Power

South Sudan reaches oil transit deal with Sudan

South Sudan announced on Monday that it has reached an agreement with Sudan for an average oil transit fee of $10.05 per barrel, potentially resolving a key sticking point in the relationship between the two countries.

6 August 2012
Exploration & Production

Egypt’s Morsi struggles to make an impact after election

Foreign investors have affirmed their commitment to Egypt’s upstream gas sector following the election of Mohammed Morsi, but the industry faces challenges over subsidies and balancing exports with domestic demand

3 August 2012
Companies & Finance

Eni to purchase Liberian blocks

Eni has signed a sale and purchase agreement with Chevron for a 25% interest in the LB 11, LB 12 and LB 14 blocks offshore Liberia, the company announced on Thursday.

2 August 2012
Policy & Regulation

Tanzania considers SWF to handle gas wealth

Tanzania is considering plans to set up a sovereign wealth fund (SWF) to handle a portion of revenues generated from the huge offshore gas finds, President Jakaya Kikwete said in a televised address on Wednesday.

2 August 2012
Companies & Finance

Cove accepts PTTEP's takeover offer

Cove Energy has accepted PTT Exploration and Production’s (PTTEP’s) takeover offer, PTTEP said in a statement on Wednesday.

1 August 2012
Exploration & Production

Eni makes fifth gas find in Offshore Area 4

Eni announced a fifth successful gas discovery offshore Mozambique on Wednesday, adding an extra 282 billion cubic metres to the company’s gas-in-place estimate for the block.

1 August 2012
Exploration & Production

PetroTrans rejects Ethiopian licence revocation

Chinese group PetroTrans has rejected a notice from the Ethiopian government terminating its licences in the country.

1 August 2012
LNG

Anadarko prepared to go it alone with LNG development

Anadarko is prepared to go it alone in developing the blockbuster gas finds offshore Mozambique if the right deal with a farm-out partner does not present itself.

1 August 2012
LNG

Anadarko ups 2012 gas guidance but makes Q2 loss

Impairment charges dragged down United States independent Anadarko’s second-quarter 2012 results, but the company has lifted its 2012 full-year production forecast by over 8,000 barrels of oil equivalent per day (boe/d), with higher expected gas volumes more than offsetting a reduction in projected oil output.

1 August 2012
Exploration & Production

Tanzania warns exploration work may end Lake Malawi talks

The Tanzanian government has urged Malawi to stop oil and gas exploration activities in Lake Malawi while a border dispute between the two remains unresolved, Reuters reported on Monday.

31 July 2012
Exploration & Production

Repsol buys into Namibia block

Repsol YPF has farmed into a block offshore Namibia in a further sign of the province’s growing appeal for frontier exploration, a partner in the licence said on Monday.

30 July 2012
LNG

Angola LNG cargo delayed until September - Chevron

Delays at Angola LNG, uncertain timing for a restart of production from Frade in Brazil, and downtime at Tengiz in Kazakhstan could block Chevron from achieving output levels provided in the company’s 2012 guidance.

30 July 2012
Pipelines, Storage & Power

South Sudan hopes for gas-fired development

South Sudan’s government is planning to use associated gas to develop gas-to-power infrastructure when the country’s oil production resumes.

27 July 2012
Exploration & Production

Petrobras begins drilling Kabeljou well in Namibia

Petrobras began drilling the offshore Kabeljou well in Namibia on Friday, partner Chariot Oil & Gas announced.

27 July 2012
Global Markets

Algerian security forces increase checks on oil and gas facilities after suicide attack

Algerian security forces have increased checks near oil and gas facilities in the country after a suicide attack near a Gendarmerie base at Ouargla, the North Africa United website reported on Friday.

27 July 2012
Companies & Finance

Shell still looking to expand gas, but not at any cost

Shell is still looking at options to expand its gas operations in East Africa, but not at any cost, Chief Executive Peter Voser said at the company’s Q2 results meeting on Thursday, referring to the company’s decision to back-out of bidding war for Tanzanian gas producer Cove Energy.

26 July 2012
Exploration & Production

Tullow Oil still a ‘mirror’ theory admirer

UK-listed explorer is still keen to establish a new province, despite exploration setbacks and cost.

26 July 2012
Exploration & Production

Early days for Tanzania LNG, but export outlook promising

BG Group will focus on proving up its huge gas reserve base in Tanzania before it starts developing plans to build its much-talked-about LNG export plant, the company’s Chief Executive Frank Chapman told journalists at the company’s second quarter results presentation on Thursday.

26 July 2012
Exploration & Production

Ophir Energy announces new find in Equatorial Guinea

London-listed Ophir Energy announced a new gas find in Equatorial Guinea on Wednesday.

25 July 2012
Pipelines, Storage & Power

Tanzania gas sales talks 'advanced' - Wentworth

Gas sales negotiations with the Tanzanian government are “relatively well advanced, though we have not landed on a final gas price”, Wentworth Resources Managing Director Geoff Bury said. Agreeing this price “is not simple, it has to work for both the producers and the consumers”.

25 July 2012

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