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.

January 23, 2020

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.

January 21, 2020

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.

January 17, 2020

Unconventional , Field Development

E&P Market Intelligence: Less Is More In The Midcon

Midcontinent E&P companies reduce well intensity to generate economic returns.

January 16, 2020

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.

January 15, 2020

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.

January 13, 2020

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.

January 10, 2020

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.

January 2, 2020

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.

December 30, 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.

December 20, 2019