Adnoc and Santos signed a strategic collaboration agreement, raising the possibility of the two working together on a “joint global carbon management platform”. It would focus on the needs of customers in the Asia-Pacific.
The need to sidetrack is “disappointing”, he said. “It would have been fantastic to get this all in one go. It’s still only the second well in the basin and it’s the first time we’ve drilled into the Lower Angwa,” Macmillan said. “We are going to get some surprises, good and bad.”
Demonstrators have declared today a “global day of action” to stop EACOP, which will run from west Uganda to a port in Tanzania.
The United Arab Emirates will increase its output target to 3.075 million barrels a day in January, or about 135,000 barrels a day more than it pumped last month.
“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
The journey should take 60 days, Golar reported, with refuelling stops in Mauritius and Namibia.
“The world is not just North America and Europe,” he said. “We need the best projects in the best places, not just in the best tax regimes.”
“If we have another supply disruption from the US, from Norway or from the North Sea we will see more volatility,” he said.
While the company attempted to continue, executives eventually abandoned their efforts and ended the AGM.
If agreed, the settlement would help to open the way for an expansion of the Kashagan oil development, including construction of new gas-processing plants needed by the government, the people said.
The president went on to invite Exxon to invest in renewable energy and infrastructure, including for the new planned capital, Nusantara.
Operations at the Nigerian oil block have been halted for more than a decade by a series of trials and competing legal claims.
In September, Apex started producing gas at the Faramid project, in IEOC’s East Obaiyed. Apex has a 25% stake in the project, which is producing 24.4 million cubic feet per day of gas.
Santos has said it would continue to “vigorously defend” its stance. The company is committed to the Barossa gas project, it said.
However, insecurity in Israel has delayed these plans. Energean said it would install the train once the security situation improves.
Capricorn will “vigorously defend” its position, it said. This may include “exercising rights under the sales agreement”, it said.
“The wider refinancing continues, and while the overall cost of the debt has increased, the maturity of the debt has been extended, which takes pressure off the balance sheet in the near term,” Kelty said.
FEED work “could facilitate” a final investment decision (FID) on Preowei, Africa Oil, said.
HyAfrica carried out fieldwork in Morocco and South Africa earlier this year. The group reported “very promising” results in Ain Bni Matha and Mpumalanga respectively, detecting multiple hydrogen seeps.
“Each new project supports economic development and access to resources that will benefit Guyanese communities while also helping to meet the world’s energy demand.”
Israel’s natural gas flows to Egypt are expected to almost double and reach pre-war levels early next week, according to a person familiar with Egyptian imports, after a major offshore field resumed output on easing safety concerns.
Adnoc Drilling added four jack-ups during the period, which should start working in December. It now has 124 rigs in its fleet.
“More than 20 months after their first cargo, Venture Global’s claim to still be commissioning a facility that, according to publicly available data, has been producing at around nameplate capacity for more than a year is simply unbelievable and increasingly untenable.”
A domestic Ivoirian company, Ice Oil & Gas, has signed a licence to explore a block offshore, previously held by TotalEnergies.
Apus Energy has not responded to a request for confirmation that it has contracted the rig from Diamond Offshore. The company has committed to drilling in 2024.
