Total has completed the acquisition of Anadarko's 26.5% stake in Mozambique's liquefied natural gas (LNG) project for $3.9 billion, the French oil major said on Monday.'Mozambique LNG is a one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas…
Mozambique is targeting $880 million in capital gains tax from the takeover of Anadarko Petroleum by Occidental Petroleum, local newspaper O Pais reported on Friday.Anadarko led a liquefied natural gas project in the southern African country…
After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa…
Oil and gas group Wintershall DEA is considering exiting Libya following a clash with the country's National Oil Corporation (NOC) over licences, German daily Handelsblatt reported on Wednesday.Wintershall DEA's Chief Executive Mario Mehren and Hans-Ulrich Engel…
Tracerco, part of Johnson Matthey Plc, reports it has recently been awarded seven subsea inspection projects to provide flow assurance and asset integrity data on a variety of pipelines, flowlines and risers in the North Sea, Gulf of Mexico (GoM) and Offshore West Africa…
American upstream oil company Kosmos Energy reported that the Yakaar-2 appraisal well offshore Senegal has confirmed a world-scale natural gas resource in the BP-ledYakaar-Teranga gas project.The Yakaar-2 appraisal well was drilled in approximately 2…
Rig inspection services company ModuSpec said it has reemerged as an independent operating company following a strategic restructure of engineering and technical professional services organization Lloyd’s Register (LR).In March, LR announced…
Switzerland's top court has allowed Geneva prosecutors to share with Italy material they seized more than three years ago that could shed light on a case involving oil majors Eni and Royal Dutch Shell and corrupt payments in Nigeria.In a ruling announced on Monday…
Underwater inspection provider Welaptega has used its optical chain measurement system (CMS), complete with new automated edge tracking software, to execute a subsea mooring inspection campaign for BP offshore Angola. The project saw Welaptega…
Nigeria-based Homeland Integrated Offshore Services LTD (Homeland IOS) said it has placed an order with the Singaporean Penguin Shipyard for several Flex Fighter security/crew vessels for delivery in December 2019.The 40-meter vessels are among the first of Penguin Shipyard’s latest generation…
The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…
Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday.Output will rise to 500 million cubic feet of gas by the second quarter of 2020 when five wells are expected to be online…
As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…
VAALCO Energy said it has spud the Etame 9P appraisal wellbore at the Etame field to kick off its 2019/2020 drilling campaign offshore Gabon.Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which…
Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…
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