Oil and gas exploration and production programs in West African states are under increasing risk due to the failure to contain the Ebola virus, potentially depriving the region’s economy of millions of dollars a day, according to an analyst with research and consulting firm GlobalData…
US oil and gas company Apache says it will exit both Chevron-operated LNG projects, Kitimat and Wheatstone, in which the company holds equity interests in order to focus on its more lucrative onshore business. Apache’s Chairman and CEO G…
Sasol has announced a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant, which will be based on gas from the Rovuma Basin in northern Mozambique. The study, which is being conducted in conjunction with Mozambique’s national oil company…
Eni has gained operatorship and a 40% interest in exploration right permit 236 (ER236) off the eastern coast of South Africa from Sasol, the Italian company announced today. Under the terms of the agreement, Eni has acquired 82,000sq…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo, Dennis Sassou Nguesso, and the Italian Prime Minister, Matteo Renzi, have signed a cooperation agreement,…
Fugro has completed the acquisition of the Geofor Group based in Libreville (Gabon), Douala (Cameroon), Pointe Noire (Republic of Congo), and São Tomé City (São Tomé) to strengthen its presence in the Central Africa region and the French-speaking African countries…
Eni says it has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. Area 4 is now thought to contain about 85Tcf of gas in place. The delineation was carried out through the Agulha 2 well…
Data gathering and large-scale reservoir modeling will be key to unlocking Anadarko's big gas development off Mozambique. Bruce Nichols spoke with Anadarko and engineers at Halliburton's Landmark to discover more. When Anadarko made three…
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
Eni CEO Paolo Scaroni outlined the Italian company’s exploration progress and activities within the country to the President of the Republic of Mozambique Armando Guebuza. Eni announced that the “possibility of enlarging the shareholder base of Area 4 was favorably received by the President…
After nine years with Paolo Scaroni serving at the helm of Italy’s Eni S.p.A., the company’s board of directors appointed his successor: Claudio Descalzi (pictured), chief operating officer of Eni’s Exploration and Production division since 2008…
McDermott International, Inc. announced today that Scott Munro, VP & general manager, North Sea and Africa, will speak at the Offshore Technology Conference (OTC) Industry Briefing on “Offshore and Subsea Solutions in Frontier Regions”, on 8 May…
The National Assembly of the Comoros, a sovereign archipelago island nation east of Mozambiue, Africa, has ratified a production sharing contract with Bahari Resources. The PSC, covering offshore blocks 35, 36, and 37 (previously named blocks A…
ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore block in Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1 Ltd, the company holding the 10% PI in the Area 1 from Videocon Mauritius Energy Ltd…
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