Ghana will receive a Floating, Production and Storage and Offloading (FPSO) vessel for the Sankofa project by March 2017 after which production of crude would commence by August. An estimated 170mcf of gas would be p ...
Angolan state oil company Sonangol and its partners including oil major Chevron have started production at the Mafumeira Sul oil field with an initial output of 10,000b/d.
Eni said a final investment decision is expected from partners on Mozambique's deep-water Coral South floating liquefied natural gas project by December, with production starting five years later.
The government of Mozambique announced a one-month extension of the deadline for the tender to select companies interested in the design, investment and development liquefied gas projects.
Italian Eni finished the drilling processes for the sixth well at Zohr field in the deep water offshore the Mediterranean Sea. An official with the company stated that the well’s production tests will start late Octo ...
Oil production from Ghana’s Sankofa-Gye Nyame oil field, is expected to commence in the second quarter of 2017 while production of gas is expected to begin in the second quarter of 2018.
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field.