Anadarko Petroleum Closes In On Final Mozambique LNG Decision
Anadarko Petroleum and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits.
February 15, 2019
Field Development
Saudi Arabia Shuts Part Of Safaniyah Oil Field After Power Cable Cut
Saudi Aramco has shut part of its Safaniyah offshore oil field after a main power cable was cut by a vessel’s anchor, a source familiar with the matter said on Feb. 15.
February 15, 2019
Keeping The Faith
One independent energy company sees capability and expertise as critical to fueling its onshore and offshore growth engines.
February 14, 2019
Aker Energy Eyes IPO After Submitting Ghana Oil Field Plan In March
Norwegian oil company Aker said on Feb. 14 that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an IPO or other means.
February 14, 2019
Rethinking The Permian ‘Independent’
Sustainable development of the Permian Basin’s bounty of oil will require independent producers to develop more than just their leasehold.
February 13, 2019
Dana Gas To Drill In What Could Be Egypt’s Next Mega Gas Field
Dana Gas will begin drilling this year in an area it said Feb. 12 could become Egypt’s next giant Mediterranean gas field, after seismic data pointed to reserves as large as 20 trillion cubic feet (Tcf).
February 13, 2019
Uganda Expects First Oil Production To Be Delayed To 2022
Uganda expects to begin producing oil in 2022, its energy minister Irene Muloni said on Feb. 13, indicating a slight delay from the east African country’s revised target of 2021.
February 13, 2019
Cairn Devises New Development Plan For Aging Ravva Oil, Gas Field
The drilling campaign is estimated to cost about US$1.2 billion.
February 12, 2019
Final Investment Decision For Mozambique Gas Block Seen By March-April
A final investment decision, commonly called FID, for a massive offshore natural gas block in Mozambique is expected to be ready by March or April, the chairman of Mozambique’s national oil company ENH said in New Delhi on Feb. 10.
February 11, 2019
Hungary Calls On US To Spur Exxon Gas Project In Black Sea
The U.S. could help Hungary diversify away from Russian energy by encouraging Exxon Mobil Corp. to proceed with long-stalled plans to develop the Domino-1 gas field in the Black Sea, Hungary’s foreign minister said Feb. 7.
February 8, 2019