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Exploration & Production

Total chasing ‘billion barrel’ Mozambique prospect

France Total said it is chasing a “billion barrel” oil prospect in Mozambique after farming into two offshore blocks in the Rovuma Basin.

24 September 2012
Exploration & Production

PGNiG close to Libya force majeure lift

Poland’s PGNiG is close to lifting force majeure on its oil and gas production in Libya, a senior member of the company’s management said on Monday.

24 September 2012
Supply & Demand

Angola LNG readies first export cargo for spot market

Angola LNG has begun tendering for spot cargoes and mid-term deals ahead of exports commencing in October, sources have told Interfax.

21 September 2012
Supply & Demand

Africa should follow Scandinavian example - IRENA

Africa should follow the example of Scandinavia as it builds grid infrastructure to cope with various generation sources, said Adnan Amin, director general of the International Renewable Energy Agency, at the FT Global Energy Leaders Summit in London on Wednesday.

19 September 2012
Supply & Demand

Lagos electricity supply increases 35%

The Lagos Chamber of Commerce and Industry said on Monday that electricity supply in the region has increased by 35% in the last three months, according to a report in the Daily Trust newspaper.

17 September 2012
Companies & Finance

New board of directors for Tanzania Petroleum Development Corp.

Sospeter Muhongo, Tanzania’s energy and minerals minister, has instructed the new board of directors of the Tanzania Petroleum Development Corp. to review all of the country’s 26 existing oil and gas licences, according to a Tanzanian newspaper.

17 September 2012
Exploration & Production

Shell to proceed with $200 million Karoo drilling campaign

Royal Dutch Shell is ready to proceed with is $200 million shale exploration campaign in the Karoo Basin, after the South African government lifted a moratorium on shale drilling last Friday.

14 September 2012
Exploration & Production

South African shale exploration threatened by water contamination

South Africa will stop exploring for shale gas in the Karoo region if there is any evidence of water contamination, Reuters reported on Tuesday.

12 September 2012
Exploration & Production

Kenyan offshore gas discovery 'not large enough for commercial production'

Kenya’s first offshore gas discovery is encouraging but not large enough for commercial production, Reuters cited Kiraitu Murungi, the country’s energy minister, as saying.

12 September 2012
Exploration & Production

Sasol plots North American GTL drive

South Africa’s Sasol plans expand its gas operations through acquisitions or by partnering with other producers in gas-to-liquid or petrochemical projects, particularly in North America, Andre de Ruyter, a senior group executive, told Reuters on Monday.

11 September 2012
Exploration & Production

Zimbabwe faces stiff CBM challenges

The Zimbabwean government hopes exploiting the country’s CBM resources could be a fast-track solution to its burgeoning power crisis.

10 September 2012
Exploration & Production

First ‘substantive’ find offshore Kenya is promising

Apache and its partners have struck gas off the coast of Kenya, marking the country’s first “substantive” offshore hydrocarbon discovery, shareholder Pancontinental Oil & Gas announced on Monday.

10 September 2012
Companies & Finance

Tullow closes $3.5 billion debt refinancing deal

Tullow Oil has signed off on a debt refinancing deal worth $3.5 billion, replacing previous facilities that were due to expire in 2015.

9 September 2012
Exploration & Production

Action needed before Tanzania counts its blessings

January Makamba, the Tanzanian deputy minister for communication, science and technology, has urged his government to move quickly to prepare for the influx of wealth into the country to ensure its vast gas riches prove a blessing, not a curse.

7 September 2012
Companies & Finance

Second Nigerian Accugas pipeline deal near to close

Seven Energy's Accugas is hoping to close a debt deal to fund the second of its Nigerian gas pipeline projects by the end of the year.

7 September 2012
Exploration & Production

Ethiopia considers going it alone with Calub and Hilala

The Ethiopian government is considering developing the Calub and Hilala gas fields in the Ogaden region on its own through the newly formed National Oil Company (NOC), a senior figure in the Ministry of Mines told Interfax on Friday.

7 September 2012
Exploration & Production

Tanzanian gas: blessing or curse?

January Makamba, Tanzania’s deputy minister for communications, science and technology, speaks to Interfax about how the country can best prepare for the new influx of wealth into its oil and gas sector

7 September 2012
Exploration & Production

Tanzania LNG timing still uncertain - BG Group

It is still too early to say when an LNG export project in Tanzania will come online, Matt Wilks, BG Group’s country manager, has said.

6 September 2012
Exploration & Production

Delegates gather in Tanzania to clarify gas development plans

The hype surrounding East Africa’s offshore gas finds continues to attract interest from companies throughout the world. However, there are still questions over how the governments of Tanzania and Mozambique are going to manage the industry.

5 September 2012
Exploration & Production

Ophir confirms enough gas for Tanzania two-train LNG

Ophir Energy and partner BG Group have proved up enough gas offshore Tanzania for at least a two-train LNG development, Ophir confirmed in a statement on Monday.

3 September 2012

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