Norway's Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.Tanzanian President John Magufuli has asked his government to proceed…
The wheels of discovering and exploiting hydrocarbon resources offshore the Union of the Comoros, off Africa's east coast, may have been moving albeit slowly since 2008 when the government first invited bids for exploration of oil and gas in the Indian Ocean's volcanic archipelago…
Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo…
Island nation Madagascar puts 44 blocks in the Morondava Basin up for grabs, detailing exploration and exploitation periods under production sharing contracts.In the framework of the development of Madagascar's oil and gas potential, the Malagasy…
U.S. oil and gas company Anadarko, as operator of Mozambique’s offshore Area 1, has signed a deal for up to 280,000 tonnes per year of liquefied natural gas (LNG) supply with Japan’s Tohoku Electric Power company.'Anadarko and our co-venturers…
Keppel Offshore & Marine, through its subsidiaries, has inked new contracts froom Petrobras and SOFEC, worth in total about US$96.22 (S$130 million). Keppel Shipyard's contract from SOFEC is for the fabrication of a turret mooring…
Norwegian geoscience frim Spectrum has started a 2D seismic survey offshore Mozambique, in partnership with WesternGeco, for the country's Institute of National Petroleum (INP) ahead of future licensing rounds. The seismic survey will cover up to 19…
A new report by analyst firm Rystad shows that Norway is leading the comeback after a sanctioning drought in the offshore industry in 2015 and 2016. Johan Castberg. Illustration from Statoil. Recent…
Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017 OE, access the full issue here). West Africa has seen a good amount of floating LNG project activity this year with three developments underway…
Texas-based supermajor ExxonMobil has completed the acquisition of a 25% interest in Mozambique’s gas-rich Area 4 block from Italian explorer Eni and will assume responsibility for midstream operations, the company announced today (13 December)…
The performance of the world’s first floating LNG projects, which are moving from execute to operate, will form the shape of the industry to come. Elaine Maslin reports (First published in the December 2017 OE, access the full issue here)…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
CGG has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) covering up to 40,000sq km of 3D data over the Beira High in the Zambezi Delta, over blocks Z5-C and Z5-D and surrounding open acreage. Deliverables will include fast-track PreSTM…
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