Eni nears Damietta LNG loading, eyes Qatar LNG entry
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Scirocco Energy is making progress in its transformation, from Tanzanian gas explorer to low-carbon asset owner, and is picking up “real momentum”, CEO Tom Reynolds has said.
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
Shell faces another legal battle stemming from Nigeria, with a court ordering banks to freeze company assets.
Frontier will hold its NextGen Energy Summit on February 25.
Egypt has launched its first bid round of 2021 and a new digital platform collaboration, with Schlumberger.
TechnipFMC has won subsea tie-back work on the NEA/NI project offshore Egypt.
IN-VR is launching the first Energy M&A Show, on 3rd-4th March 2021. For the first time, energy companies from all over the world will be able to pitch their new opportunities directly to potential investors.
AP Moller Maersk will launch the world’s first carbon neutral liner vessel in 2023, seven years ahead of its 2030 target.
Tlou Energy intends to make its Lesedi power project carbon neutral, by growing vegetation around its Botswana site.
Russia’s Lukoil has emerged as another suitor to buy MSGBC Basin-focused FAR, for A$220 million ($170mn).
Developing gas and renewables together will provide a “no-regrets path” to cutting emissions and increasing electrification, GE Gas Power Sub-Saharan Africa’s CEO has said.
Kinetiko Energy has completed two well workovers in South Africa, where it aims to distribute CNG in the Johannesburg region.
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
Glencore has taken an impairment of $6.39 billion for 2020, including $1.15bn in African oil operations.
Shell has filed for arbitration against Nigeria over an ongoing dispute around oil spills.
Israel will sell gas to the Gaza Strip, under a deal involving the European Union and Qatar.
Opposition to Reconnaissance Energy Africa’s work in northern Namibia is growing, with a petition handed in to the Namibian consul general in South Africa and Leonardo diCaprio tweeting against the drilling plans.
Oil demand could grow at its fastest rate since the 1970s for the next three years, BofA Global Research has said in a note.
Nigerian claimants complaining that Shell had a duty to tackle oil spills have won a case in the UK Supreme Court.
South Africa will issue two renewable energy bid windows this year, one in “the coming weeks”, South African President Cyril Ramaphosa has said.
KenGen has won a $6.45 million contract to drill three geothermal wells in Djibouti.
DNO has bought out ExxonMobil’s 32% stake in the Baeshiqa licence, increasing the Norwegian company’s stake to 64%.
Shell is "reviewing" further sales of assets in Nigeria, the company said.
Angola can balance environmental protections with ongoing hydrocarbon exploration, in line with its constitution, writes Verner Ayukegba, Senior Vice-President at the African Energy Chamber.