Apex boosts acquired Western Desert volumes
In September, Apex started producing gas at the Faramid project, in IEOC’s East Obaiyed. Apex has a 25% stake in the project, which is producing 24.4 million cubic feet per day of gas.
In September, Apex started producing gas at the Faramid project, in IEOC’s East Obaiyed. Apex has a 25% stake in the project, which is producing 24.4 million cubic feet per day of gas.
Santos has said it would continue to “vigorously defend” its stance. The company is committed to the Barossa gas project, it said.
However, insecurity in Israel has delayed these plans. Energean said it would install the train once the security situation improves.
Capricorn will “vigorously defend” its position, it said. This may include “exercising rights under the sales agreement”, it said.
“The wider refinancing continues, and while the overall cost of the debt has increased, the maturity of the debt has been extended, which takes pressure off the balance sheet in the near term,” Kelty said.
FEED work “could facilitate” a final investment decision (FID) on Preowei, Africa Oil, said.
HyAfrica carried out fieldwork in Morocco and South Africa earlier this year. The group reported “very promising” results in Ain Bni Matha and Mpumalanga respectively, detecting multiple hydrogen seeps.
“Each new project supports economic development and access to resources that will benefit Guyanese communities while also helping to meet the world’s energy demand.”
Israel’s natural gas flows to Egypt are expected to almost double and reach pre-war levels early next week, according to a person familiar with Egyptian imports, after a major offshore field resumed output on easing safety concerns.
Adnoc Drilling added four jack-ups during the period, which should start working in December. It now has 124 rigs in its fleet.
“More than 20 months after their first cargo, Venture Global’s claim to still be commissioning a facility that, according to publicly available data, has been producing at around nameplate capacity for more than a year is simply unbelievable and increasingly untenable.”
A domestic Ivoirian company, Ice Oil & Gas, has signed a licence to explore a block offshore, previously held by TotalEnergies.
Apus Energy has not responded to a request for confirmation that it has contracted the rig from Diamond Offshore. The company has committed to drilling in 2024.
Dhir said the Glencore debt and Tullow’s cash, in addition to $800mn of free cash flow from 2023 to 2025, would “allow us to fully address all outstanding 2025 notes”.
The problem is that the rate at which Bowleven is using cash will see it run out “most likely before summer 2024”.
The block is to the north of Block 2913B, where TotalEnergies has made discoveries including Venus.
“Decarbonising production here is critical for those key demand centres of India and China,” KBR’s Blackburn said. The Middle East, given the region’s productive capacity, will be “the ones that lead the way, for sure”.
A Mitsui official, Ryo Zushiden, said the Hai Long project was one of the company’s “most important investments in the renewable energy sector”.
By the end of September, the report said 20 of the 31 NZIA members had left the group.
If governments are serious about achieving decarbonisation targets, there needs to be an honest conversation about how to do so in an environment of perennial macroeconomic uncertainty.
As such, the crude is a good fit for major buyers in Europe, NNPC said, and commands a premium to Brent. The crude has an API of 29 degrees.
“Wherever you find yourself on the energy transition continuum, there are ways to close the gap between aspiration and implementation”.
Dana has said its gas fields in Kurdistan “could be the biggest gas fields in the whole of Iraq”.
“This joint venture demonstrates that direct air capture is becoming an investable technology, and BlackRock’s commitment in Stratos underscores its importance and potential for the world,” Chief Executive Officer Vicki Hollub said in the statement.
OMV had held its licence under force majeure until September this year. It declared the contractual stoppage in 2014.