Total Mulls $2b Investment in Iranian Gas Fields

• Thursday, 9th February 2017
• by Editorial Team

French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, Reuters reported. The French firm was ...

Fortuna FLNG to Reach FID in 2017

• Sunday, 15th January 2017
• by Editorial Team

London-based Ophir Energy said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision (FID) in the first half of 2017, LNG World News informed. The announcement came in a...

Oman to Invest $1.8b in Petchem

• Monday, 7th November 2016
• by Egypt Oil & Gas

The state-owned Oman Oil Company (OOC) plans to progress the implementation of three strategic petrochemical ventures by 2017. The total investment are worth $1.81b, reported Trade Arabia. OOC’s CEO, Isam al Zad...

Leviathan Gas Field to Yield 12bcm/y

• Sunday, 6th November 2016
• by Egypt Oil & Gas

Partners in Israel’s Leviathan natural gas field declared that the project’s first development stage will include a capacity of 12bcm/y of gas. Further stages could include an additional 9bcm/y of gas, rep...

BP to Buy LNG from Mozambique’s Area 4

• Wednesday, 5th October 2016
• by Egypt Oil & Gas

UK’s British Petroleum (BP) has agreed to a 20-year deal with Italian Eni to buy liquefied natural gas (LNG) from a big new field off the coast of Mozambique, an important step in getting a long-delayed project off th...