Sasol | Egypt Oil & Gas

Sasol Ditches Exploration Blocks Offshore Mozambique

South African energy company, Sasol, has decided to relinquish its exploration license in Blocks 16 and 19 offshore Mozambique, according to a press release. Sasol undertook an evaluation of the exploration potential ...

South Africa’s Sasol Invests $2.4m in Establishing Gas Processing Plant in Mozambique

The Mozambican Minister of Mineral Resources and Energy, Letícia Klemens, has announced that South Africa’s petrochemical giant Sasol is investing $2.4m in establishing a gas processing plant in Mozambique, APA ...

Sasol Aims to Produce Oil in Mozambique in 2-3 Years

Petrochemicals group Sasol has found oil in wells off Mozambique and aims to bring the fossil fuel to production for the first time in the southern African nation, one of its joint chief executives said, according to ...

Sasol Resumes Gas Production in Mozambique

South African Sasol has resumed production of natural gas in the southern Mozambican province of Inhambane after cyclone Dineo, which battered 12 districts of the territory in mid-February, Club of Mozambique informed...

Sasol Entered Oil Put Options

South African energy giant Sasol has entered into hedges to mitigate financial risks next year, which covers the oil price, IOL informed. Oil put options provide the company with an average Brent crude oil price floor...

Sasol to Focus on Mozambican Oil

South African energy and chemicals group Sasol has completed drilling two gas wells in southern Mozambique and has since turned its attention to the development of two commercial oil reservoirs, located in close proxi...

Chevron to Sell African Assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron’s South African downstream assets, which include a 110,000b/d refinery in Cape Town, Reuters reported. The second bidding round in which actual o...

SMP Deployed Cyber Drill in Mozambique

French drilling specialist, Societe de Maintenance Petroliere’s (SMP), has deployed its hi-tech drill rig, SMP-105, at Sasol’s development of gas reserves in Temane in the Mozambican coastal town of Vilanculos, Engine...

Sasol Expands Oil, Gas Output in Mozambique, Gabon

South African energy and chemicals group Sasol has increased its natural gas, condensate, and crude oil production in Mozambique and Gabon, IOL reported. The company’s natural gas output from Mozambique grew from 11. ...

SA’s Sasol Marks Petrol, Diesel Sales Decline

The South African chemicals and energy company Sasol has marked a decline in its sales of petrol and diesel – white product liquid fuel – from 59mb in June 2015 to 58mb in June 2016, informed eNCA. The ove...

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