Oil & Gas

Political co-operation needed to build on Zohr success – Egyptian Minister

Feb 3, 2019

Political co-operation, as well as political stability, is needed to capitalise on the success of Zohr and transform the eastern Mediterranean into a gas energy hub, according to Tarek El Molla, Egypt’s Minister of Petroleum and Energy Resources. The Minister made the remarks during a ministerial panel session at BHGE’s Annual Meeting in Florence on…

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BP sounds out floater players over PAJ project off Angola

Feb 1, 2019

UK supermajor BP is in talks with contractors to provide a floating production, storage and offloading vessel for its Palas-Astraea-Juno project in Block 31 off Angola. Industry sources said that while a phased subsea tieback to the existing PSVM FPSO in Block 31 remains a possibility, a stand-alone project based on an FPSO has been…

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Panoro Energy provides update on Tunisian oil and gas assets

Feb 1, 2019

Panoro Energy has provided an update on its Tunisian oil & gas assets. Material progress is being reported on the TPS assets (recently acquired from OMV) and the Sfax Offshore Permit (‘SOEP’). At TPS, immediate production opportunities have been identified which should increase the existing daily output in the short term, while further opportunities exist…

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Mozambique police arrest 3 over insurgent attacks around LNG complex

Feb 1, 2019

Mozambique police have arrested three people on suspicion of leading insurgent attacks in Cabo Delgado, where Anadarko Petroleum, Eni and ExxonMobil are lead investors in a huge liquefied natural gas complex under construction at Afungi, outside Palma. A spokesperson for Nampula province’s police force said information obtained from the arrested trio “Has allowed the defence…

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National Assembly members ask pertinent questions on oil exploration in The Gambia

Feb 1, 2019

Important questions were asked by National Assembly members relating to oil exploration in The Gambia, which the people need to know. During the question and answer session on 20th December, 2018 during the Fourth Ordinary Session of the Gambia National Assembly, members of the National Assembly raised the questions stated below. The Member for Wuli…

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Sonatrach contracts CHEC for LNG terminal

Feb 1, 2019

The oil society Sonatrach Algerian has undersigned with the Chinese Lowers Harbour Engineering Company (CHEC) a contract EPC of the value of 52 billion dinari (383 million euros) for the planning and the construction of harbour infrastructures in the new harbour area called El-Djedid of the port of Skikda. The store clerk regards the construction…

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Japan’s JOGMEC establishes SA office for natural resource development in Africa

Jan 31, 2019

Japan Oil, Gas and Metals National Corporation(JOGMEC) announced that it will establish an office in Johannesburg, Republic of South Africa, on February 1, 2019. It will be the 14th overseas office for JOGMEC. Africa is rich in available mineral resources that are expected to increase the demands with the growing use of electric vehicles, including…

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11 Egyptian oil and gas projects to bare fruit in 2019/2020 – Petroleum Ministry

Jan 31, 2019

The Ministry of Petroleum aims to operate and develop 11 projects for the production of gas and oil during the fiscal year 2019/20, in the deep water areas of the Mediterranean Sea, the Delta, the Gulf of Suez and the Western Desert. The projects are expected to add about 2.5bn cubic feet of gas per…

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New firm receives concession to extract methane gas From Lake Kivu, Rwanda

Jan 31, 2019

Rwanda’s energy targets are set to get a boost following the government’s decision to provide a concession to a private investor to start production of methane gas from Lake Kivu. On Monday, a cabinet meeting chaired by President Paul Kagame approved the decision that allows Rwanda Development Board (RDB) to enter concession and implementation agreement…

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Brega sends fifth fuel and gas convoy south of Libya

Jan 31, 2019

Brega Oil Marketing Company sent its fifth fuel and gas convoy towards the cities of the south, in coordination with Libyan state-run oil and gas firm NOC. According to NOC, the convoy set off from Brega’s depot in Misurata with a load of 3 million liters of gasoline, one million liters of diesel, and around…

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