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Houston-based exploration and production firm Hess will lay off 300 workers as part of its companywide cost reduction program announced…
Tuesday, 26 December 2017 04:47

FLNG projects taking shape

Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017…
Published in OE: 2017 / December
Monday, 11 December 2017 11:22

ExxonMobil assessing Equatorial Guinea well

ExxonMobil is assessing commerciality of the Avestruz-1 well, which struck oil in Block EG-06 offshore Equatorial Guinea, the nation's Ministry…
Wednesday, 29 November 2017 04:24

Hess completes Equatorial Guinea sale to Kosmos

Hess Corp. has completed the sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for…
Ophir Energy has been given a 12-month extension on its Block R license, home to the Fortuna FLNG, offshore Equatorial…
Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals,…
Kosmos Energy entered Equatorial Guinea with a splash by acquiring Hess' 85% stake in two long-producting oil fields for US$650…
Wednesday, 18 October 2017 10:07

Ophir inks new Equatorial Guinea PSC

Equatorial Guinea's Ministry of Mines and Hydrocarbons, Ophir Energy and national oil firm GEPetrol have signed a new production sharing…
Monday, 02 October 2017 03:12

Ophir awards Fortuna FLNG SURF EPCIC

Ophir Energy has awarded an upstream construction for its Fortuna floating LNG project - west Africa's first deepwater FLNG project…
Thursday, 14 September 2017 10:16

Ophir still reaching for Fortuna FID

Ophir Energy is holding out hope that the Fortuna FLNG project offshore Equatorial Guinea will reach final investment decision (FID)…
Monday, 07 August 2017 14:54

Kosmos to spud Hippocampe off Mauritania

Kosmos Energy is set to spud the Hippocampe well offshore Mauritania at the end of August, however, the Dallas-based company…
Ophir Energy is expecting to have the Fortuna FLNG project final investment decision (FID) off Equatorial Guinea settled in the…
Published in OE Daily: 2017 / July
ExxonMobil has signed a production sharing contract (PSC) with the government of Equatorial Guinea for a deepwater block located 36mi…
Published in OE Daily: 2017 / June
Wednesday, 10 May 2017 02:49

Ophir inks Fortuna construction contracts

Construction contracts have been awarded for Ophir Energy's Fortuna LNG project offshore Equatorial Guinea. Fortuna will be Africa’s first deepwater…
Published in OE Press: 2017 / May
Ophir Energy's Fortuna LNG development is a step closer to reality after signing an umbrella agreement, which sets out the…
Published in OE Press: 2017 / May
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