Adnoc Gas awards $600mn Habshan pipeline work
The company said that more than 70% of contract value would go back into the UAE, under its in-country value (ICV) programme.
The company said that more than 70% of contract value would go back into the UAE, under its in-country value (ICV) programme.
It will increase the throughput of gas from 1.2 billion cubic feet per day to nearly 1.4 bcf per day, or from 12 billion cubic metres per year to 14 bcm. The new gathering pipeline should reach first gas in the second half of 2025.
Brostrøm joined Shell in August 2021. He had previously acted as president of Ørsted North America, overseeing offshore wind plans in Massachusetts and New Jersey.
Angola’s regulator is focused on attracting investment into the upstream, putting a particular focus on new investment from medium and small companies, according to a recent presentation.
“It’s transition on our own terms, with our own resources. We need to get smarter about how we articulate that, not as victims, or as people to be allowed to do things,” said Yvonne Ike, head of sub-Saharan Africa at Bank of America. “We need to work with the countries that get it, so from the Gulf, from Asia.”
Following Oun’s comments, the GNU on June 29 claimed to have carried out a drone strike on a site used by Russian mercenaries, the Wagner Group.
“Petrofac has a long and strong track record supporting Adnoc in the UAE, rooted in our steadfast commitment to maximising local delivery, investing in the local supply chain, and developing local teams," said Petrofac Engineering & Construction COO Elie Lahoud.
“That should see steady production growth. From 1,000 bpd in 2023 that should double in 2024 and then triple in 2025.”
Drilling costs have been an issue at the Wei well. In June, CGX reported these had risen to $190-195mn. Before drilling, the companies had predicted $130-140mn.
“Thanks to our proven know-how and the use of innovative solutions, Perenco has once again demonstrated its ability to transform previously untapped deposits into sources of vital energy production.”
The company then self reported to the French authorities. The PNF investigation focused on the two West African states and then expanded into work in Angola.
Eni reports production from 18 blocks, of which it operates 12 – with 10 offshore and two onshore. In the upstream, its focus is around the deep waters off Pointe Noire and, onshore, in Koilou.
Latham said the industry admired “operators who can not only open new frontiers, but also find large volumes of advantaged resources. TotalEnergies recent efforts and discoveries have been excellent examples of both trends.”
“Many financial institutions have refused to underwrite this project and if TotalEnergies backs off, the government of Uganda would have a hard time funding this project, so we can win."
Springfield is in conflict with Eni over this field. Springfield drilled the Afina discovery in November 2019.
"Together with Afry, we have identified a potential stable corridor to bring supply and demand together. The scale-up of hydrogen adoption goes through projects like this,” Bombardi said.
Gray Whale 3 will be 60-70 km offshore the port of Ulsan. It is one part of a three phase development, which will have total capacity of 1.5 GW.
At FID, Total said it aimed to start commercial operations in 2027.
Baker Hughes, working with NOV, will also carry out the directional drilling and logging while drilling (LWD) contracts.
The incoming president and CEO said he was happy to join Africa Oil, “a company that has grown significantly in the last few years with an excellent opportunity set and material catalysts for shareholder value creation”.
Parametric insurance addresses these challenges by enhancing investment certainty and facilitating cash flow, whilst protecting against the broadest range of potential perils.
The JETP plan “will make it possible to support the Senegalese dynamic that we started several years ago of incorporating renewable energies into our energy mix and securing our energy system thanks to all our natural resources in line with the Paris Agreement”.
“There is also an agreement in the works” between Tanzania and Cnooc to do seismic studies in unassigned blocks before a licensing round next year, Makamba said by phone from China on Wednesday after talks with senior officials at Cnooc.
Pemex CEO Octavio Romero Oropeza described it as a “very unfortunate accident”, pledging an investigation into the cause of the problem.
Engie said the feedstock would go to South Korea, starting in the second half of 2030. It will take seven years to develop and build the project and then it will operate for 40 years. It will begin construction in 2027.