Vaalco drills Etame Marin appraisal
US-based Vaalco Energy has found oil at its South East Etame 4P appraisal well, on Gabon’s Etame Marin permit.
Tripoli port shelled as ceasefire wavers
The port of Tripoli was struck by projectiles on February 18, Libya’s National Oil Corp. (NOC) has said, which nearly hit an LPG tanker.
Carbon and cash to determine Galp project plans
Galp will focus on major upstream projects, company executives said today, but these must be able to compete in a world where demand may be constrained.
Nigeria shortlists gas flare companies
Nigeria’s Department of Petroleum Resources (DPR) has held a bidders’ conference for those interested in tackling gas flaring in the country.
Glencore loses Chad exploration licences
Glencore’s core business of marketing held up well in 2019 but the trader took a $2.8 billion impairment charge, driven in part by the loss of its oil exploration licences in Chad.
Panoro lines up drilling plans
Panoro Energy will drill a production well in Tunisia in May, while three workovers are under way and should be on line by the end of March.
Enageed seeks early production bids
Enageed Resource has issued tenders for the installation of oil tanks and an early production facility on its Oki-Oziengbe area.
Perenco signs on for Gabonese exploration
Perenco Exploration has signed three contracts for blocks in Gabon, the Ministry of Mines, Petroleum, Hydrocarbons and Gas announced.
Sound targets micro LNG for early cash flow
Sound Energy’s talks with a potential purchaser of its eastern Moroccan holdings have ground to a halt, with the company opting instead to pursue a micro LNG plan, ahead of more grandiose pipeline development works.
Chinese shipyards in the shadow of coronavirus
The short-term impact of the coronavirus has been seen almost entirely on demand, reducing China’s need for oil and LNG supplies.
BW scales back IPO plans on coronavirus chill
Plans for an IPO for marginal field-developer BW Energy have been pushed back – and pricing scaled back – in light of financial volatility, blamed on the coronavirus in China.
Galp renews LNG deal with Nigeria LNG
Portugal’s Galp has signed a deal for 1 million tonnes per year of LNG from Nigeria LNG (NLNG), continuing the companies’ relationship.
Neptune signs Gulf of Suez licence
Neptune Energy has signed a licence with the Egyptian General Petroleum Corp. (EGPC) on the North West El Amal Offshore concession.
Dana tots up Egyptian offers
Dana Gas has received a number of bids for its Egyptian portfolio and will come to a decision by the end of March.
West African flows squeezed as China dials down demand
The reduction in Chinese oil demand as a result of the coronavirus has taken its toll on African exports.
XR broadens target list for 2020
Extinction Rebellion is broadening its list of targets to include financial services and the media in pursuit of its environmental goals.
US men charged for Iranian oil-to-China plan
The US has charged five of its citizens with conspiring to sell sanctioned Iranian oil to China.
Kosmos boosts 1P reserves with BP deal
BP has signed a sale and purchase agreement (SPA) for LNG from the first phase of its Greater Tortue Ahmeyim LNG project.
Aquaterra lines up platform for Chevron in Angola
Chevron has lined up a Sea Swift platform from Aquaterra Energy for work on the Lifua-A field, in Block 0.
Oceaneering wins RLWI work from BP
Oceaneering will provide riserless light well intervention (RLWI) work to BP offshore Angola, in Blocks 18 and 31.
Qatar doubles down on LNG to Kuwait
Qatargas will supply 1 million tonnes per year of LNG to Shell, for delivery to Kuwait, starting this year.
Zenith sets out drilling plans
Zenith Energy intends to drill on the Tilapia licence in Congo Brazzaville in April while planning exploration drilling in Azerbaijan this year.
Libya shuts in Sharara
Libya’s National Oil Corp. (NOC) has shuttered its Zawiya refinery on February 8, triggering a shutdown at the Sharara field.
Fugro signs on to crack Aker Energy’s Pecan
Fugro has won geotechnical and geophysical survey work on Aker Energy’s Pecan field, offshore Ghana.
Somali oil law signed into the books
Somali President Mohamed Abdullahi Farmajo has ratified the country’s Petroleum Law.