Congo Wants to Sell Gertler’s Oil Blocks on Ugandan Border
Congo Kinshasa is forming a plan to take back two oil blocks from sanctioned Israeli billionaire Dan Gertler and sell them to another company.
Total
Rise and shine for Curran’s new firm
An oil and gas industry veteran is getting ready to put his “shoulder to the wheel” in the search for funding for his latest North Sea venture.
The other side of Lerwick’s story
Lerwick harbour continues to add to its reputation as a leading support hub for the oil and gas industry in northern waters through its contribution to the offshore sector’s operations west of Shetland.
Apache and Total celebrate ‘significant oil discovery’ off Suriname
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
Oxy, Total partner on carbon capture project in Colorado
Occidental Petroleum and the French energy major Total said they are partnering on a major carbon-capture project at an industrial cement plant in the United States.
The Atlantic Frontier: A coming of age story
Welcoming a new year heralds a time for reflecting on the year that was and what is to come.
Explorers to keep up the chase in 2020
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Driller Thriller
If I were to tell you about a dynamic, innovative, global technology company that had doubled its revenues in a single year, you’d be forgiven for making several assumptions: that the technology in question was digital; that the company was based in San Francisco or Silicon Roundabout; and that we were talking about a start-up focused on a new sector like fintech, healthtech or adtech.
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.
Total enters Suriname with 50% stake in Apache exploration block
Total announced its entry into Suriname with a 50% interest in a block held by Apache off the Southern American nation’s coast.
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.
BP follows Total with drive to improve recycling of plastics
BP is the latest oil giant to announce it would join forces with companies across the plastic value chain to speed up efforts to improve recycling technology.
Ineos, Total and more team up on CCUS plans for Port of Antwerp
A host of firms including Ineos, Total and ExxonMobil are collaborating on plans for a carbon capture, use and storage (CCUS) site at the Port of Antwerp.
Asia Pacific upstream M&A set to accelerate
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.
Total makes major Angolan move
Total has made a major move in Angola, picking up equity in blocks previously held by Cobalt International Energy and extending the licence on Block 17.
Algeria goes to the polls
Algeria goes to the polls today in a widely disputed election that aims to move the country on from its political quagmire, although this seems unlikely.
Saudi Aramco now ‘worth more than top five oil companies’ combined
Saudi Arabia's oil company Aramco has begun trading for the first time, gaining 10% in its first moments on the market in a dramatic debut that pushed its value to 1.88 trillion dollars, higher than any other listed company in the world.
Total resolves Waha woes with Libya’s NOC
Total has reached an agreement with Libya’s National Oil Corp. (NOC) on the French company’s acquisition of a stake in the Waha concessions.
Reuters DecomWorld confirm over 30 international E&P’s to Join 12th annual decommissioning summit in Houston, 2020
DecomWorld – part of Reuters Events- today announced the confirmation of over 30 international E&P delegations to attend their 12th Annual D&A Summit (March 31 – 1 April, Houston).
Ocean Infinity lines up seismic work in Angola
Ocean Infinity has won 2D high-resolution seismic work from Total in Angola.
Dealmakers look ahead to ‘big year’ for M&A in UK North Sea
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.
Omani bid round falls foul of shift away from wildcat E&P
News last week that Russian firm Zarubezhneft was being considered for the development of an offshore oil concession in Oman brought into sharp focus the lack of update provided since the country’s 2019 bid round closed in May.
Focused team was key to Serica Energy’s North Sea success
Serica Energy’s boss has said the gains squeezed by his team from North Sea fields acquired a year ago show smaller companies can be more efficient.
Sun sets on a slow year for North Sea sanctions
A bumper year for new project sanctions on the UK continental shelf (UKCS) in 2018 has been followed by an underwhelming 2019, analysts have said.
Big year ahead for oil and gas opportunities
As some of the North Sea’s private equity-backed players prepare themselves for public listings, 2020 is expected to be a “big year” for gauging the size of investors’ appetites.