The US company Cobalt International has made a “significant” discovery of condensates and natural gas in the Zalophus # 1 well in Block 20 in the Angolan sea. The exploitation would yield 2mbp/d for three years.
Iran and Oman plan to establish a joint company to market liquefied natural gas (LNG). It is expected to be registered in Oman, and will have the sole responsibility of market natural gas to other parts of the world.
Portugal's Galp Energia has asked French EDF's investment arm, and other infrastructure funds to submit tentative bids for a 49% stake in its gas distribution business.
South African energy producer Sasol almost doubled sales of natural gas from its Mozambican Pande and Temane fields in the nine months to March to 12.4bscf from 7.1bscf in the same period last year.
India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG), as the world’s third-biggest oil importer seeks to curb its greenhouse emissions.
Greece's sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30% since January, as the debt-ridden country seeks to tap into its limited oil reserves.
Tanzania is planning to build a pipeline to supply natural gas to neighbouring Uganda, as it looks to export some of the huge offshore gas reserves discovered in recent years.
Egypt’s General Petroleum Corporation (EGPC) has inked a cooperation agreement with Italy’s Edison International to develop the second phase of the offshore Abu Qir gas field.