FID on Mozambique’s LNG Project Expected by 2018

• Thursday, 6th April 2017
• by

Mitsui & Co awaits a final investment decision (FID) on the US Anadarko-led offshore liquefied natural gas (LNG) project in Mozambique, which is four months later than the desired date and might be finalized by April-June 2018.

QP Launches Gas Project at North Field

• Thursday, 6th April 2017
• by Editorial Team

Qatar Petroleum (QP) announced a gas project at the southern sector of North field, with a capacity of about 2bcf/d.

FAR, Svenska Complete Deals over Guinea-Bissau Licenses

• Thursday, 6th April 2017
• by

FAR and its partner Svenska Petroleum Exploration have completed the revision of the terms for the Sinapa and Esperanca License with Guinea-Bissau’s Petroguin.

Kuwait to Receive $1b for Refinery Renovation

• Thursday, 6th April 2017
• by Editorial Team

Kuwait will receive $1b in funding from major Japanese banks and Britain's HSBC to renovate the country's Al-Ahmadi Refiney.

Iran Exports 3.05mb/d of Oil and Condensates

• Wednesday, 5th April 2017
• by Editorial Team

Iran's crude oil and condensate exports reached 3.05mb/d in the last Persian month, from which 2.265mb/d consisted of crude oil alone.

South Africa Endorses Shale Gas Development

• Wednesday, 5th April 2017
• by

The South African government has given the endorsement for shale gas development in its Karoo basin. While that is considered by experts a positive step, there are still opposing parties behind the shale exploration in the region.

Aramco Signs MoUs for Petroleum, Energy Collaboration

• Wednesday, 5th April 2017
• by Editorial Team

Saudi Aramco signed two separate memorandum of understandings (MoUs) with Abu Dhabi National Oil Company (Adnoc) and Masdar. The deals cover oil and gas technology and renewable energy development.

ExxonMobil, Qatar Petroleum to Develop Cyprus’ Block 10

• Wednesday, 5th April 2017
• by Editorial Team

ExxonMobil Corporation and Qatar Petroleum agreed on acquiring 3D data and drilling two explorations wells in Block 10, offshore southwestern Cyprus.

Agip $13.5b Project Boosts Nigeria’s Oil Production

• Wednesday, 5th April 2017
• by

Nigeria’s daily crude oil production is expected to rise as the Nigerian Agip Exploration Limited (NAE) starts work on Zabazaba deep water project that is expected to gulp $13.5b.

Africa Energy Terminates Namibia Farm-out Agreement

• Tuesday, 4th April 2017
• by

The African Energy Corp., the Canadian oil and gas exploration Company, has terminated its Farm-out agreement that was signed last year granting it stake offshore Namibia.