Statoil | Egypt Oil & Gas

Libya’s Largest Oil Field Reopened

Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field.

Tanzania Expects LNG Plant Deal by 2018

Tanzania hopes to reach an agreement with international oil companies in 2018 paving the way for the construction of a liquefied natural gas (LNG) plant, part of a bigger plan for a new export terminal.

Tanzania’s LNG Plant in Negotiation Phase

The process of constructing Tanzania’s envisaged liquefied natural gas (LNG) plant to sit on the land of Lindi Region has now entered the negotiation stage of the Host Government Agreement (HGA).

Statoil to Decide on LNG Export Terminal in 5 Years

The final investment decision (FID) on a Tanzania's $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five years.

Algerian Gas Plant to Resume Output

The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the fa ...

West Africa to Ship 60 Oil Cargos to Asia in September

The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...

Tanzania To Speed Up LNG Project

Tanzanian President, John Magufuli, gave orders to speed up long-delayed work on a planned liquefied natural gas (LNG) plant in the Lindi Region and estimated to cost $30b

Algeria’s Tiguentourine Gas Plant to Come Back Online

Algeria's Tiguentourine gas plant, located 1,600km south east of the capital city Algiers, will be put back in service, according to Director General of the gas complex.

Oil Supermajors Apply to Bid for Mexican Oil Blocks

US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico's fourth phase of maiden offshore oil blocks auction, estimated to contain 4b boe in reserves, alongside Euro ...

Norwegian Statoil to Explore for Gas in Turkey

Norwegian energy company Statoil announced that it had signed an agreement with Canadian exploration company Valeura Energy to help explore the shale gas potential in Turkey.

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