Speakers at this year’s Flame conference in Amsterdam expected Europe’s future gas imports to be shipped from Africa rather than the United States.
Yemen is going through turbulent times that may reduce its oil and gas exports. The country must make structural reforms if it is to sustain exports in the longer term.
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Norway’s Statoil has been awarded an exploration licence offshore Indonesia, the company announced on Wednesday.
The Aru Trough I licence covers around 830,000 hectares and is close to the company’s exploration acreage in the Aru and West Papua IV licences. The permit offers low-cost access to an area with strong potential, said Erling Vågnes, Statoil’s senior vice president for exploration in the eastern hemisphere.
