BP hints at Mauritania, Senegal LNG plan delays
The FPSO is on its way to West Africa, the CEO said, while the FLNG facility should leave Singapore by the end of 2023. According to Marine Traffic, the FPSO is today offshore Maputo.
Guyana seeks gas investors to unlock additional liquids
These low-liquid yield finds trap a “large proportion” of the discovered oil. These resources “will not be able to be developed and monetised unless infrastructure solutions for the evacuation of gas are put in place in tandem with the associated gas that is being recycled today in the current production operations”.
Invictus moves to logging in Zimbabwe
Speaking at the company’s AGM, the executive said drilling on this well had been “much, much better” than the Mukuyu-1.
ARA aims for exploration in Tanzania
“ARA is now well positioned to take decisive steps towards developing the asset and ensuring that the natural gas produced from the Ntorya field is introduced to the market as quickly as possible."
Eni pursues East Med gas trends into Israel
"The winning companies have committed to unprecedented investment in natural gas exploration over the next three years, which would hopefully result in the discovery of new natural gas reservoirs.”
Wintershall Dea takes Ghasha charge
Smith declined to comment on recent speculation that Wintershall was considering a sale of its stake in Ghasha.
Ping Petroleum signs up for late-life Malaysian work
Abu reached a peak of 15,000 barrels per day in 2008. The agreement should give Ping the ability to monetise the Abu Kecil and Abu SW Upthrown fields.
Seplat sees ANOH, Exxon deal delayed
The company said ANOH had faced challenges in the “security situation, poor weather, and contractor performance”.
Exxon, Chevron dust off West Africa plans
Equatorial Guinea Vice President Teodoro Nguema Obiang Mangue said state-backed Gepetrol was on the way to increasing its operational capacity.
South Africa’s oil law steps forward
However, the South African Oil & Gas Alliance (SAOGA) said approval from the NA was “one step forward in the correct direction”.
Uganda sees China oil pipeline loans agreed by April as timeline slips
Discussions are “advanced” for syndicated tranches of loans from African, Asian and Chinese lenders, among others, for the conduit that will carry 216,000 barrels of oil a day from Ugandan fields for export, she said.
Guyana hits another “significant discovery” at Stabroek
Lancetfish-2 found around 20 metres of net oil pay in a new interval, the government said.
Eni profits slump, but talks up new gas hub in Indonesia
Geng North is thought to hold around 5 trillion cubic feet of gas and 400 million barrels of condensate. Eni sees the Kutei Basin becoming a “new world class gas hub”.
Conoco among many considering shale patch M&A
Conoco is not alone in its pursuit of CrownRock, though.
ReconAfrica bids fond farewell to Mexico
The company had made a commitment to spend $31mn on the Chiapas blocks by February 2024.
Saipem benefits from move offshore, reduced wind work
Asset-based services makes up the majority of Saipem’s backlog, at 65%, or around 10bn euros this year.
Total wins Orange Basin drilling approval from South Africa
Total plans to drill one exploration well. Should it be successful, it may drill up to nine more.
Eni keeps its eyes on LNG growth with Indonesia deal
The company said it aims to increase its LNG contracted volumes to more than 18 million tonnes per year of LNG by 2026.
Total boosts earnings, with integrated power starting to kick in
Cash flow from operations reached $9.3bn in the quarter, and $27.4bn for the first nine months of the year.
ITM opens doors in Germany, and the EU
ITM is now storing its stacks at the Linden site for fast delivery to customers, in addition to repair and maintenance facilities. Linden will also be the home of ITM’s global business development.
Rosetti Marino wins Bouri module work from Saipem
The Italian company said it would begin work immediately and expected to complete this in early 2026.
Hong Kong ship named for damage to Balticconnector
The police statement said they had attempted to contact the Newnew Polar Bear, but the ship was not willing to co-operate.
IEA tips winners and losers in future oil flows
Based on the IEA’s STEPS baseline scenario, Guyana will increase production to around 2mn bpd by the mid 2030s. Under the more conservative APS scenario, the IEA sees Guyana reaching 1.3mn bpd by 2035.
ACWA eyes Amsterdam for green hydrogen trade link
“This collaboration is more than just a stepping stone – it is a leap towards a new horizon."
Singapore to overhaul gas procurement, support low carbon power
“This is a fundamental shift in our approach towards gas procurement, but we believe that this is necessary to create a more stable and secure power system that will ultimately benefit the consumers and also the gencos themselves,” he explained.