Eni’s ILX plans continue run of success with Cabaça North
Eni has started up the Cabaça North development in Angola’s Block 15/06, adding another 15,000 barrels per day to the local hub.
Spain runs down clock on Algerian gas supplies
The future of gas supplies from Algeria to Spain, via Morocco, remains unclear following a diplomatic spat.
US arrests Novatek CFO on tax evasion charges
Novatek shares dropped the most in about 16 months after the arrest of Deputy Chief Executive Officer Mark Gyetvay on tax charges in the US.
Angola sets out contractor winning groups for onshore awards
Angola has announced the contractor groups for its onshore bid round, as it moves towards new awards.
Cairn, Cheiron complete Shell deal in Western Desert
Cairn Energy and Cheiron Petroleum have completed their acquisition of assets in Egypt’s Western Desert from Shell.
Flurry of African exploration incoming
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
COVID-19 drove IoT adoption in oil and gas sector
Oil and gas companies accelerated their adoption of internet of things (IoT) during 2021 in response to the COVID-19 pandemic.
Putting local content at the heart of Uganda’s oil plans
On the cusp of activity starting, Uganda is making ready for a storm of activity to develop its Lake Albert resources.
Woodside awards TMC compressor work for Senegal FPSO
TMC Compressors has won work to supply the marine compressed air system to Woodside Energy’s Senegalese field.
Saipem teams up with Aramco for new national champion
Saipem has signed a memorandum of understanding (MoU) with Saudi Aramco, paving the way for a new national champion.
NOC opens London office in push for UK engineering
Libya’s National Oil Corp. (NOC) has officially launched a unit in the UK with the aim of improving collaboration with local companies.
DMRE comes under fire from just energy transition
Protests will kick off tomorrow aimed at reforming South Africa’s Department of Mineral Resources and Energy (DMRE).
Shell strikes deal to sell Permian unit for $9.5bn
Shell has reached a deal to sell its Permian shale business to ConocoPhillips for $9.5 billion, with $7bn of that going to shareholders.
Halliburton contract outrages Lebanon
Lebanese politicians have raised concerns over offshore plans by Energean and Halliburton, in a disputed area.
Shell’s Mars field restart delayed until 2022
Some Shell production in the US Gulf of Mexico will not return before the first quarter of next year, owing to damage to the West Delta-143 (WD-143) facility.
Gazprom warns of a gas-short winter for Europe
Europe may break new record gas prices, Gazprom head Alexey Miller has warned, noting under supplied gas storage facilities in the region.
BP, Adnoc, Masdar tee up energy transition spending
BP, Adnoc and Masdar have teamed up to invest “billions of dollars” in clean and low carbon energy.
African Energy Chamber launches internship programme
The African Energy Chamber (AEC) has launched an internship programme, aiming to place African graduates with energy companies.
Clean Creatives takes aim at oil money in advertising
Oil companies have long been the target of environmental protestors, but recent campaigns have seen a much wider list for activism.
Private equity flags African climate investments
Private equity investors are lining up to support African infrastructure in response to concerns around climate change.
Libya’s Sidra, Ras Lanuf terminals reopen
Exports have resumed from a number of ports in Libya, with local protestors agreeing to end their occupation.
Africa Capitalworks invests in Dorman Long Engineering
Africa Capitalworks (ACW) has made a “significant” equity investment in Nigeria’s Dorman Long Engineering.
ReconAfrica sheds light on geology amid partnering plans
Reconnaissance Energy Africa is disclosing more information on its efforts, even while short sellers maintain criticism of its plans.
Seplat’s Roger Brown sets out his thinking on Nigeria
The Africa E&P Summit taking place on the 22nd and 23rd September will see Ed Reed engaged in a fireside chat with Seplat’s CEO, Roger Brown.
Gas is the way for Africa, if aboveground challenges can be resolved
Africa has the resources it needs to provide power for its people, but aboveground challenges must be resolved to speed the way, speakers on a PESGB / HGS Africa E&P Conference 2021 panel have said.