SDX boosts South Disouq reserves
SDX Energy has increased its resources at South Disouq, in Egypt, by 35%, according to a report by Gaffney, Cline & Associates (GCA).
Shearwater wins Gambian work for FAR
Australia’s FAR has awarded a contract to acquire 3D seismic in The Gambia to Shearwater GeoServices.
Aramco puts Port Arthur on road to FID
Sempra Energy has signed a deal with Saudi Aramco on future work at the Port Arthur LNG export project, in Texas.
Turkey to play spoiler in EastMed plans
The proposed East Mediterranean gas pipeline will be “impossible” without consent from Turkey, according to Northern Cyprus’ Prime Minister Ersin Tatar.
Offshore seismic on the up
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
Kuwait signs up LNG supplies from Qatar
Qatar Petroleum (QP) has signed up to supply Kuwait with 3 million tonnes per year of LNG for 15 years, under an agreement with Kuwait Petroleum Corp. (KPC).
First day at the death spiral for new Eskom CEO
Eskom’s new CEO Andre de Ruyter has begun his tenure, faced with a major challenge of how to address the company’s debt load and power outs.
Lekoil lines up Qatari support for Ogo appraisal
Lekoil has set out plans to raise a $184 million loan from the Qatar Investment Authority (QIA) to fund work on the OPL 310 area, offshore Nigeria.
Jub vs Zenith in fight for AAOG’s future
A counter offer has emerged for Anglo African Oil & Gas (AAOG), following Zenith Energy’s offer at the beginning of the week.
Turkish mercenaries turn up the pressure in Libya
The civil war in Libya is escalating as mercenaries, supplied by Turkey, have been mobilised to support the Tripoli-based Government of National Accord (GNA).
ExxonMobil, Chevron line up Egyptian entries
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
LNG carrier attacked offshore Sao Tome
Piracy continues to threaten shipping approaching Nigeria’s maritime space, with the LNG Lokoja vessel attacked on December 28, Dryad Global has reported.
Zenith wades into Congo for beleaguered AAOG
Zenith Energy has struck a first deal in Africa with an agreement to buy an 80% stake in the local unit of troubled Anglo African Oil & Gas (AAOG) in Congo Brazzaville.
NLNG greenlights Train 7
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.
Making progress with Progressive TSL
Working in different locations presents various logistical problems for companies – a problem Progressive TSL aims to tackle.
Big fish in Angola’s small pond
Angolan production has continued to decline, falling to 1.284 million barrels per day in November, making the government’s efforts to overhaul its energy sector and attract new investment ever more important.
Australian LNG to beat out Qatar in 2019
Australian LNG exports will rise to 81 million tonnes in 2019-20, according to the country’s new Resources and Energy Quarterly (REQ), although the value of these will decline.
Lekoil goes local to pay off Shell debt
Lekoil has paid off its debt to Shell Western Supply and Trading through the raising of a new loan from FBNQuest Merchant Bank.
TGS kicks off deepwater Nigeria survey work
TGS and PetroData intend to carry out Nigeria’s first multibeam and seafloor sampling (MB&SS) study. Results will be available early in the second quarter of 2020.
APICORP alarmed on declining MENA gas spend
Gas investments in the Middle East and North African (MENA) region are declining, according to a report from Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP).
KBR wins Nigerian condensate consulting work
KBR has won project management consultancy (PMC) services on the front-end engineering design (FEED) work for a proposed condensate refinery plan in Nigeria.
TransGlobe, Rockhopper post Egyptian progress
Drilling is pressing ahead in Egypt for small producers, such as TransGlobe Energy and Rockhopper Exploration.
Ghana on the rocks
Ghana has had a decidedly mixed couple of months, with a major offshore discovery offsetting problems at Tullow Oil and Aker Energy.
Tullow’s Dussafu back-in dispute
Tullow Oil has exercised its back-in right for a 10% stake in Gabon’s Dussafu production-sharing contract (PSC), although the amount payable is under dispute.
Erik Prince’s FSG quits Mozambique oil and gas logistics venture
Frontier Services Group Ltd., the Hong Kong-based company founded by Erik Prince, has decided to quit a logistics joint venture with Mozambique’s national oil company, even as the country readies to receive about $60 billion of investments in natural gas export projects.