American upstream oil and gas company Kosmos Energy has commenced the process of scaling down its stake in the lucrative Greater Tortue Anheyim gas project on the Senegal/Mauritania maritime border as the Dallas-based firm seeks to entrench…
Qatar Petroleum (QP) invites tender for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project aimed to…
Baker Hughes, a GE company, has been awarded a contract to supply turbomachinery equipment for the first phase of its Greater Tortue Ahmeyim floating liquefied natural gas (FLNG) project offshore Mauritania and Senegal. BHGE will provide the…
France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…
Royal Dutch Shell reported on Thursday a small drop in first quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings.Shell's results outshone those of rivals Exxon Mobil…
Qatar Petroleum announced Wednesday it has awarded contracts for eight offshore jackup drilling rigs for the North Field Expansion Project.Contracts for six of the rigs were awarded to Gulf Drilling International (GDI), while the contracts for…
With oil prices pushing toward USD 80 dollar on geo-political strife, there’s the expectation of a concurrent rise in world gas prices and regional liquefied natural gas (LNG) projects, judging by some frenetic dealmaking of late.Few things…
McDermott International announced Monday it has completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia.This was the second of two remaining work packages left under McDermott's contract…
A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry sources told Reuters.The tanker 'Symphonic Breeze' has been moored at Darwin anchorage…
Black & Veatch, the provider of floating liquefied natural gas (FLNG) topside solutions, announced that it has received a full notice to proceed from Grand Tortue Ahmeyim (GTA) project for operator BP.The full notice to proceed (FNTP), following a limited notice in December 2018…
Australia's Woodside Petroleum Ltd on Thursday posted a 4 percent rise in first-quarter revenue on higher realized prices for its oil and gas.Revenue rose to $1.22 billion for the three-months ended March 31, compared to $1.17 billion a year ago…
Australia's No.2 independent gas producer Santos Ltd on Wednesday posted record quarterly production, boosted by its acquisition of Quadrant Energy assets, while sales revenue jumped 28 percent.Santos said production for the quarter ended March 31 rose to a record 18…
Oil and gas major BP has awarded KBR UK, British arm of Houston engineering and construction company, the Pre-FEED Services contract for Phases 2 and 3 of BP’s Greater Tortue Ahmeyim project, offshore Senegal and Mauritania.The Phases 2 and…
Australia's Woodside Petroleum WPL.AX has signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) to China's ENN Group for 10 years from 2025, both companies said on Friday.Woodside, Australia's biggest listed oil and gas explorer…
Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…