BP’s West African LNG project faces scrutiny amid delays
The two states will “remain vigilant” in the operational, economic and financial support, in partnership with BP and Kosmos Energy.
CIP plans to take “energy island” scheme global
"We see energy islands as a key tool in solving this challenge and realizing the ambitious offshore wind targets across the globe.”
BP agrees to Libyan exploration agreement with LIA
The LIA said the work was “one of the largest exploratory projects” in Libya, with exploration on- and offshore. A and B are onshore, while C is offshore.
Deals in Africa: 10 things to watch in 2024
M&A remains an important means for oil and gas companies to access new reserves and opportunities, despite the challenges.
Guyana aims to pick refinery builder this quarter
Once the government has made a decision, the “top-ranked contender will undertake an Environmental and Social Impact Assessment [ESIA] at Crab Island for a facility designed to process at least 30,000 bpd,” Singh said.
Energean on track, despite security concerns
“As we continue to optimise our portfolio, we look forward to enhancing our position as the leading independent gas-focused exploration, development and production company in the region." Energean plans to spend $400-500 million this year.
Time to light up Adnoc’s offshore operations
The project “highlights our commitment to providing our customers with innovative solutions for reliable and low carbon energy”, Buffon said.
Colombia talks up shift away from oil, but drilling continues
Cutting exploration spending, it warned, would run down reserves and have an impact on exports. Such a move “increases the risk of shortages and violates national energy security”.
McDermott wins world-leading CCS installation work
"Set to become one of the largest offshore CCS projects in the world, the Kasawari CCS award showcases the valuable role we have in supporting our clients through the energy transition," said Mahesh Swaminathan, McDermott's senior vice president, subsea and floating facilities.
Strohm installs first TCP jumper for TotalEnergies in Nigeria
The company went on to note that installation followed rigorous testing, resulting in Total qualifying the TCP jumper for permanent subsea applications.
Shell strikes long-rumoured deal to sell Nigeria business
“This agreement marks an important milestone for Shell in Nigeria, aligning with our previously announced intent to exit onshore oil production in the Niger Delta”, said Shell integrated gas and upstream director Zoë Yujnovich.
NNPC issues tender for O&M work at first refinery
NNPC head Mele Kyari said the Port Harcourt project would deliver “value to Nigerians”. With the first phase completed, the company will “get the other plants running in 2024”.
Jadestone hits Montara, Stag snags but sees better times ahead
“As we said we would, we have worked hard to successfully grow the business away from Montara and to diversify into higher quality assets, and this is reflected in this year's guidance.”
Saipem cleared in Algeria, faces Brazilian suspension
Saipem said there had been “alleged irregularities in the award”. The CGU amended its previous ban, from December 2022, with this new order of a two-year suspension.
Dangote celebrates refinery start, despite political clouds
The Economic and Financial Crimes Commission (EFCC) raided Dangote’s headquarters in Lagos on January 4.
Oil up and ships warned to stay away after strikes on Yemen
“The American and British enemy bears full responsibility for its criminal aggression against our Yemeni people, and it will not go unanswered and unpunished,” the statement continued. It said it would target sites on land and at sea, in defence of Yemen.
BlackRock strikes for GIP in $12.5bn deal
“Policymakers are only just beginning to implement once-in-a-generation financial incentives for new infrastructure technologies and projects."
Namcor names second interim MD as Mulunga pursuit continues
State-owned Namcor said the official had a “stellar background in economics”. The company is “thrilled to have his expertise steering Namcor towards new heights in the petroleum industry”.
GTA FLNG vessel heads past production site to Tenerife
The statement from the ministry said the arrival of the FLNG vessel was a “historic moment” for the GTA project. It reported that the LNG scheme was more than 90% complete.
Iran seizes tanker US prosecuted for sanctions busting
This was in “retaliation for oil theft by the American regime, and [the vessel is] being transferred to the ports of the Islamic Republic for delivery to judicial authorities”.
Molecular spuds Paraguay well as last hurrah
Molecular has repeatedly pushed back drilling on the Paraguay well. It was nearly ready to begin in September but ran into problems with its blow out preventer (BOP).
Japanese engineering companies team up for Australian hydrogen exports
Kawasaki will provide its expertise in liquid hydrogen storage, handling and transport. Toyo, JGC and Chiyoda will provide insights into overseas plant design and construction.
Adnoc Drilling JV takes US drilling company stake
Adnoc Drilling and Alpha Dhabi set out their plans for the joint venture in November 2023. The company will acquire and invest in “tech-enabled oilfield services”. It aims to spend $1.5 billion.
Galp strikes significant discovery off Namibia, to drill deeper
Galp will drill Mopane-1X deeper, in order to explore further targets, it said. Once the work is complete, it will relocate the rig to drill Mopane-2X for further evaluation.
Total increases stake in giant Namibia find with Impact deal
Total is gaining a 10.5% stake in Block 2913B and 9.39% in Block 2912. The French company is the operator and has made a number of discoveries in the area, including the giant Venus find.