Sound Energy has struck a preliminary deal on the sale of its gas production from Morocco’s Tendrara concession with the state power company, Office National de l'Electricité et de l'Eau Potable (ONEE).
Developing the SNE field will require capital expenditure of around $4.2 billion, a presentation by Australia’s FAR has said, versus the previous projection of $3bn.
Sasol and its join CEOs, Bongani Nqwababa and Stephen Cornell, will part company as of October 31 following the company’s misjudged investment in a multi-billion dollar gas facility in the US.
The Nigerian government is said to be seeking the arrest, via Interpol, of two directors from Process and Industrial Developments (P&ID), an Irish company with which it is locked in a legal battle.
Oil Search’s LNG project in Papua New Guinea continued strongly in the third quarter but progress on a new three-train liquefaction plan is moving more slowly than had been expected.
Woodside Energy is pushing ahead with its Scarborough plan, even while the final investment decision (FID) for Browse has been pushed back to the first half of 2021.