Field Development
Field Development , Transactions
Total, Tullow Launch Joint Sale Of Stakes In Kenyan Oil Project
The two oil and gas producers have hired French bank Natixis to run the joint sale process for Blocks 10 BA, 10 BB and 13T in the South Lokichar Basin, sources say.
Field Development
Australia’s FAR Takes Final Investment Decision For Senegal Oil Project
The Senegal government recently gave the greenlight for the project, which is expected to produce 231 million barrels (MMbbl) of oil resources in its initial phase of development and strike first oil in the next three years.
Field Development
Eni’s Agogo Oil Field In Angola Begins Production
The Agogo field was Angola’s largest offshore discovery in years and could help slow years of production declines in Africa’s second-biggest exporter.
Unconventional , Field Development
E&P Market Intelligence: Less Is More In The Midcon
Midcontinent E&P companies reduce well intensity to generate economic returns.
Field Development , Natural Gas , Pipelines
Israel Starts Exporting Natural Gas To Egypt Under Landmark Deal
Israel will initially export 200 million cubic feet of gas per day to Egypt, two Egyptian industry sources said.
Field Development
Lundin Scales Back Ambitions For Arctic Oilfield Development
The Swedish company said on Jan. 13 it had cut its resources estimate for the Alta oil discovery in the Barents Sea and no longer saw Alta and the nearby Gohta find as commercially viable for joint field development.
Field Development
Woodside, Partners Get Final Go-ahead For Oil Project Offshore Senegal
The project is estimated to target 231 million barrels of oil resources in its initial phase of development.
Field Development , Natural Gas , Trade , International , Pipelines
Greece, Israel, Cyprus Sign EastMed Gas Pipeline Deal
European governments and Israel last year agreed to proceed with the so-called EastMed project, a $6 billion to $7 billion pipeline project to carry gas from Israeli and Cypriot waters into Europe.
Public Capital , Field Development , Lease Sales
Exxon Mobil Makes Over 1.7 Million-Acre Acquisition Offshore Egypt
Exxon Mobil, which has had a long-standing downstream presence in Egypt dating back to the beginning of the 20th century, marked its foray into gas exploration in the country in February 2019.
Field Development
Exxon Mobil, Partners Start Production At Liza Field Offshore Guyana
Startup of the first phase of the development comes less than five years after discovery.