French oil major Total is pulling out of the agreed acquisition of Occidental Petroleum's Ghana assets.The two companies in 2019 signed a deal whereby Total was to acquire all of the assets of Anadarko in Africa for about $8.8 billion, following the completion of Oxy's takeover of Anadarko…
LNG technology company Air Products has won a contract to deliver heat exchangers for the Total-operated LNG development in Mozambique.The Mozambique LNG project, previously operated by Anadarko, will be Mozambique’s first onshore LNG development…
Mozambican troops battled Islamist insurgents in a town in a northern town on Monday close to billion-dollar gas projects being developed by ExxonMobil and Total, police said.The General Commander of Mozambique's police, Bernardino Rafael, said…
French oil company Total has awarded oilfield services firm Worley two master service agreements (MSAs) for services at the Mozambique LNG Project.The Mozambique LNG project, previously operated by Anadarko, will be Mozambique’s first onshore LNG development…
Dutch ocean-towing company ALP will tow Eni's giant FLNG vessel Coral Sul (South) from South Korea to Mozambique, and will also assist with the mooring operations once on location.ALP on Monday said that TechnipFMC and JGC had contracted it…
Santos Ltd, Australia's No. 2 independent gas producer, said on Tuesday it is reviewing all its capital spending plans in light of the collapse in oil prices and would stop all new hiring.Santos had planned to spend $1.45 billion in 2020, including $500 million on major growth activities…
French seismic player CGG has completed the final 3D PSDM seismic dataset from its recent 15,400-sq km (5,946-sq mi) multi-client survey of the outer Zambezi Delta in the Mozambique basin.The ultramodern data was acquired over blocks Z5-C and…
Uncertainty and unpredictability continue to grip Tanzania's offshore sector as the government keeps international oil and gas exploration and production firms guessing on the outcome of their applications for approval to progress their previously approved projects…
Malawi’s 2019 Presidential election was annulled early this year by the Constitutional Court with directions to Malawi Electoral Commission asked to hold a fresh poll in five months. The question in the minds of many in the oil and gas exploration…
Malaysian oil and gas giant Petronas has said that its second FLNG Unit, the PFLNG Dua, has set sail from South Korea, and is on its way to the Rotan gas field, offshore Malaysia.The journey, which started from the Samsung Heavy Industries yard in Korea…
Oil output estimated at 1.2 million barrels per day by 2030, Guyana’s total annual oil revenues could approach $30 billion within 10 years and could send the country's GDP 'skyrocketing,' according to research by Rystad Energy, a Norwegian energy intelligence company…
Italian oil and gas company Eni has launched the hull of its Coral Sul FLNG unit at Samsung's Geoje yard in South Korea.Once completed the FLNG unit will be deployed over Eni's Coral reservoir in Area 4 offshore Mozambique and will be used to…
Occidental Petroleum Corp said on Wednesday it would begin dismissing workers in a new cost-cutting move following its $38 billion acquisition of Anadarko Petroleum.The company has already 'significantly' cut staff through a voluntary program…
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…
Malaysian oil and gas services firm Sapura Energy has secured several new contracts and contract extensions for its engineering and construction (E&C) as well as drilling segments.The contracts, valued at approximately RM615 million (USD 148 million)…