Capital investment in the oil and gas industry in Sub-Saharan Africa has been cut by US$100 billion over the next five years, according to Wood Mackenzie's latest report on upstream activity in the region. Major oil companies are heavily…
Shell and its joint venture partners, Pavilion Energy and Ophir Energy, have started its Tanzanian drilling program. The program, covering two wells in Block 1 and 4, in the Mafia Deep basin off Tanzania, will target >1 Tcf of gas, according to Ophir…
Mozambique’s emerging LNG business may be picking up after a quiet period. John Sheehan reports on progress made, including Eni’s Coral FLNG project. An Anadarko employee. Images from Anadarko…
It took a long time for exploration to make its impact offshore East Africa. Now it has, will there be another wait for LNG projects to look profitable? Professor Alex Kemp reflects. Image from iStock…
EIC’s Neil Golding outlines activity in East and South Africa. Houston-based independent Anadarko made its first gas discovery at the Offshore Area 1 block offshore Mozambique in 2010. The discovery, along with Eni’s major finds, mean…
A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…
US supermajor Chevron reported a 35% decline for Q3 2016 when compared to 2015, and an even more drastic drop when looking at its total earnings for the first nine months of the year. Big Foot…
Chevron is setting its sights for mid-2017 for first liquefied natural gas (LNG) from its giant Wheatstone project in Australia, according partner Woodside Petroleum said. Illustration of Wheatstone…
BP is to acquire a majority stake in two exploration permits containing the potentially massive Ironbark gas prospect on Australia's North West Shelf from Cue Energy Resources. The move will see BP acquire 80% interest in permits WA-409-P and WA-359P in the Carnarvon basin…
BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), entered into a sales and purchase agreement for BP to purchase 100% of the liquefied natural gas (LNG)…
Japan’s Inpex awarded Amec Foster Wheeler of a consultancy contract for the Ichthys Liquefied Natural Gas (LNG) project, the largest discovery of hydrocarbon liquids in Australia in the last 40 years. The scope of work involves Amec Foster…
Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy. The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…
The Inpex-led Ichthys LNG Project has reached a key milestone with both its central processing facility (CPF) and floating production, storage and offloading (FPSO) facility safely starting up their main power generators in the South Korean shipyards where they are being constructed…
The Songa Enabler drilling rig has started drilling a new injection well for CO2 gas on the Snøhvit field in the Barents Sea, off the coast of Hammerfest, Norway. Once complete, the rig will then drill the first new production well in the field since it came on stream in 2017…
MEO Australia has gained environmental approvals for its proposed Tassie Shoal projects offshore Northern Australia, extending the period for the liquefied natural gas (LNG) project to 2052. Tassie Shoal comprises one LNG plant (TSLNG)…