Statoil

  • Libya’s Largest Oil Field Reopened

    Libya’s Largest Oil Field Reopened

    Sunday, 11th June 2017
    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 Expects LNG Plant Deal by 2018

    Tuesday, 24th January 2017
    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

    Tanzania’s LNG Plant in Negotiation Phase

    Tuesday, 27th December 2016
    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

    Statoil to Decide on LNG Export Terminal in 5 Years

    Sunday, 20th November 2016
    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

    Algerian Gas Plant to Resume Output

    Monday, 14th November 2016
    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 facility during 2013.
  • West Africa to Ship 60 Oil Cargos to Asia in September

    West Africa to Ship 60 Oil Cargos to Asia in September

    Monday, 5th September 2016
    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 the journey.
  • Tanzania To Speed Up LNG Project

    Tanzania To Speed Up LNG Project

    Tuesday, 23rd August 2016
    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 to Come Back Online

    Sunday, 24th July 2016
    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

    Oil Supermajors Apply to Bid for Mexican Oil Blocks

    Sunday, 5th June 2016
    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 European biggies.
  • Norwegian Statoil to Explore for Gas in Turkey

    Norwegian Statoil to Explore for Gas in Turkey

    Wednesday, 18th May 2016
    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.