Oil & Gas

Tullow braces for further Kenya FID delays

Jun 27, 2019

A State agency has declined to issue an environmental impact assessment licence to Tullow Oil for its operations in the Turkana oil fields. In what now casts doubt over the commercial phase of Kenya’s oil plan, the National Environment Management Authority (Nema) said the British firm had failed to comprehensively consult the host community. This…

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Kenya signs pact with Total, others to develop more oilfields in South Lokichar basin

Jun 27, 2019

The Kenyan government has signed Head of Terms for the development of oilfields in the South Lokichar basin; a deal inked with Tullow Oil, Total and Africa Oil who are Joint Venture partners. The agreements are for the discoveries of oilfields in block 10BB and 13T specifically in the Amosing, Ngamia and Twiga fields. As…

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Chinese energy firms push to acquire mining, oil & gas assets in Equatorial Guinea

Jun 27, 2019

Equatorial Guinea Ronda has received great interest from public and private Chinese companies to invest in Equatorial Guinea and explore opportunities in oil & gas and minerals at the upcoming EG Ronda Licensing Round meetings in Beijing organized by the African Energy Chamber (EnergyChamber.org). The Chamber will be hosting the 2-day investor forum at the…

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South Africa currently working on new oil and gas policy

Jun 26, 2019

South Africa is working on a policy to govern the development of oil and gas resources after calls by potential investors to shield the industry from a long-running debate over laws that apply to mining exploration. The finalizing of oil legislation has become more urgent since Total SA announced the first significant deep-water oil find off the…

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Kenya signs crude processing deal with oil firms

Jun 26, 2019

The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in the country’s northwest. The Petroleum and Mining Ministry said on Twitter on Tuesday that the heads of term agreements were for discoveries in Blocks 10…

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Senegal President’s brother resigns over offshore gas deal allegations

Jun 26, 2019

The brother of Senegal’s president has resigned as head of a state-run savings fund after the BBC named him in a report over alleged corruption. The report alleged that Aliou Sall was secretly paid $250,000 (£196,300) in 2014 by a gas company that sold its shares in Senegalese gas fields to BP. Mr Sall has…

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Tullow mulls selling all its assets in Uganda

Jun 26, 2019

Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million firm down to Total and CNOOC Uganda Limited. Tullow in…

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Campaign groups allege Total breached French corporate duty law in Uganda

Jun 25, 2019

French and Ugandan campaign groups including Friends of the Earth have filed a legal notification with Total, claiming it has failed to address the human and environmental impact of its Ugandan operations as required by French law. Under France’s Corporate Duty of Vigilance regulation, large French companies are obliged to publish annual plans that address…

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ADES secures new offshore rig contract in Egypt and extends contract in Algeria

Jun 25, 2019

ADES International Holding PLC (“ADES” or the “Company”), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) through its subsidiaries, is pleased to announce that it has been awarded a new two-year contract for its ADMARINE IV offshore jack-up rig in Egypt and has signed a…

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Mozambique project set to keep TechnipFMC busy

Jun 24, 2019

Global energy project TechnipFMC has been awarded a number of subsea contracts by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Mozambique Golfinho/Atum development. TechnipFMC was awarded a majorContract for the Engineering, Procurement, Construction and Installation (EPCI) of the subsea hardware system through its wholly owned UAE incorporated…

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